RBI Overhauls Cross-Border Guarantee Framework: FEMA (Guarantees) Regulations, 2026 Explained

The Reserve Bank of India has notified the Foreign Exchange Management (Guarantees) Regulations, 2026, vide Notification No. FEMA 8(R)/2026-RB dated January 6, 2026. These new regulations comprehensively replace the 24-year-old … Read More

New Income Tax Act 2025 Takes Effect April 1, 2026: What Every Taxpayer, CA, and Startup Founder Must Know

The Income-tax Act, 2025 will replace the six-decade-old Income-tax Act, 1961 with effect from April 1, 2026. This is the most significant overhaul of India’s direct tax framework in over … Read More

MCA Amends Accounting Standard AS-22: Pillar Two Income Taxes Exemption from Deferred Tax Recognition

The Ministry of Corporate Affairs (MCA) has issued a notification dated March 10, 2026, introducing the Companies (Accounting Standards) Amendment Rules, 2026. The amendment modifies AS-22 (Accounting for Taxes on … Read More

CBDT Brings Crypto-Assets and Digital Currency Under Income Tax Reporting Framework: Key Changes Explained

The Central Board of Direct Taxes (CBDT) has issued Notification No. 19/2026 (G.S.R. 158(E)) dated March 5, 2026, introducing significant amendments to the Income-tax Rules, 1962. The notification amends Rules … Read More

FEMA (Guarantees) Regulations, 2026: RBI Overhauls Cross-Border Guarantee Framework – Key Changes for Businesses

The Reserve Bank of India has notified the Foreign Exchange Management (Guarantees) Regulations, 2026, replacing the two-decade-old FEM (Guarantees) Regulations, 2000. Announced on January 6, 2026, the new framework represents … Read More

MCA Director KYC Goes Triennial: Key Changes Effective March 31, 2026 – What Directors Must Do Now

In a significant move to ease the compliance burden on India’s corporate directors, the Ministry of Corporate Affairs (MCA) has replaced the annual Director KYC requirement with a simplified triennial … Read More