Latest Tax Updates, News, Articles & Notifications
RBI’s 2026 ECB overhaul lets companies raise foreign debt up to USD 1 billion or 300% of net worth, with a 3-year maturity floor. Limits, lenders and reporting explained.
From FY 2026-27, Form 24Q is now Form 138 and Form 26Q is Form 140. Your Q1 TDS and TCS returns are due 31 July 2026. Full old-to-new form mapping inside.
The FEMA export realisation window is 9 months now under the June 2026 First Amendment and returns to 15 months from October 1, 2026. See which deadline applies.
CBDT Circular 06/2026 condones the delay in filing Form 10AB for Section 80G renewal where applications were filed between October 2025 and March 2026.
CGST Circular 255/01/2026-GST (25 June): pending GST notices, audits and appeals survive a jurisdiction change and pass to the new transferee officer. What to do.
RBI TReDS Directions 2026 (notified 23 June): easier MSME onboarding, a wider financier pool and one consolidated rulebook for trade-receivables discounting.
MCA General Circular 02/2026 extends DPT-3 filing to July 31, 2026 without additional fees after the June 5 data centre fire. Who must file DPT-3, the checklist and penalties.
RBI’s A.P. DIR Series Circular 18 of June 24, 2026 withdrew 732 defunct FEMA circulars. Limits are unchanged and Master Directions govern. What CAs and founders must do.
Scientific research and R&D deduction moves from Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025 from FY 2026-27. Weighted deductions end; here is the verified mapping and checklist.
SEBI’s GARUDA mechanism (June 19, 2026) lets AIF schemes launch in 10 working days, with accredited-investor and angel funds going near-instant. What changes and how to prepare.
