Importers – TAX UPDATE INDIA

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RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

CA Adityavikram Banka October 13, 2026

RBI forex hedging rules October 2026: USD 5 million no-underlying limit, no rebooking of cancelled contracts, a new undertaking and a 20% FERR on large hedges.

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RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

57th GST Council Recommendations (8 October 2026): Withdrawal of Arrest Powers, Rs 5 Crore Prosecution Threshold, Faster Refunds and Wider ITC

Penalty Waiver Under Section 440 of the Income-tax Act 2025: CBDT Notification 134/2026 Brings the New Form 161 for Misreporting Cases

RoDTEP Scheme Extended Till 31 December 2026: What DGFT Notification 41/2026-27 Means for Exporters

SEBI Accredited Investor Framework 2026: What the September 24 Board Decision Changes for Angel Funds, AIFs and Non-Resident Investors

FDI in Inventory-Based E-commerce for Exports: What Entry 15.2.5 of the NDI Rules (S.O. 4870(E), 2 September 2026) Now Allows

FEMA Export Realisation Period From October 1, 2026: Nine Months Stays, the Clock Moves to Invoice and Sale Dates (RBI Amendment of 22 September 2026)

Tax Audit Due Date Extended to 21 October 2026: CBDT Circular 07/2026 Moves the ITR Date to 21 November for Audited Assessees

Late Tax Audit Report Penalty for FY 2025-26: Section 271B, the Section 273B Reasonable-Cause Defence and the New Section 428 Fee Under the Income-tax Act 2025

TDS on Property Purchase From NRI Without TAN From October 1, 2026: Form 141 Schedule E Under CBDT Notification 121/2026

Tag: Importers

RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

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