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Flash News

RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)

GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)

FEMA (Authorised Persons) Regulations 2026: How RBI Notification FEMA 401/2026-RB Overhauls Forex Licensing

CBDT Notification 80/2026: No TDS on Specified Payments to IFSC Units From April 1, 2026 (Form 1(N) Explained)

GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)

Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)

CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)

Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax

AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies

No TDS on Aircraft and Ship Lease Rent Paid to IFSC Units: CBDT Notification 74/2026 and 75/2026

Saturday, August 01, 2026

Tag: INR Invoicing

RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)
Finance

RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)

CA Adityavikram Banka July 31, 2026

RBI A.P. (DIR Series) Circular No. 19 dated 17 July 2026 consolidates five SRVA circulars into one. No prior RBI approval to open a Special Rupee Vostro Account for rupee trade settlement.

A.P. DIR Series Circular 19Authorised Dealer BankCross Border TradeFEDAIFEMA Deposit Regulations 2016INR InvoicingRBI Circular 2026Rupee Trade SettlementSpecial Rupee Vostro AccountSRVA Comment on RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)

Recent Posts

  • RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)
  • GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)
  • FEMA (Authorised Persons) Regulations 2026: How RBI Notification FEMA 401/2026-RB Overhauls Forex Licensing
  • CBDT Notification 80/2026: No TDS on Specified Payments to IFSC Units From April 1, 2026 (Form 1(N) Explained)
  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)

INCOME TAX

  • CBDT Notification 80/2026: No TDS on Specified Payments to IFSC Units From April 1, 2026 (Form 1(N) Explained)
  • Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)
  • Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax
  • No TDS on Aircraft and Ship Lease Rent Paid to IFSC Units: CBDT Notification 74/2026 and 75/2026
  • New TDS and TCS Return Forms From FY 2026-27: Form 24Q Is Now Form 138 and Your Q1 Return Is Due July 31, 2026

Corporate Law

  • CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)
  • AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies
  • RBI’s New ECB Rules 2026: How Much Foreign Debt Your Company Can Raise Under the USD 1 Billion and 300% Net Worth Ceiling
  • FEMA Export Realisation Period 2026: Why Your Deadline Is 9 Months Now and 15 Months From October 1, 2026
  • RBI TReDS Directions 2026: What the New Trade Receivables Discounting Rules Mean for MSME Working Capital

CASE LAW

  • Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai
  • Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC
  • Legal precedents on Ad- Hoc Disallowances
  • Additions cannot be made based on profit assumptions: Punjab & Haryana HC
  • Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GOODS & SERVICE TAX (GST)

  • GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)
  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)
  • CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction
  • GSTR-3B Hard-Locking and IMS: Why GSTR-1 and the Invoice Management System Now Decide Your GST Liability
  • GSTN Defers Mandatory Ship-To GSTIN and E-Way Bill Voluntary Closure to August 1, 2026: What Changes and How to Prepare

OTHER POSTS

  • RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)
  • GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)
  • FEMA (Authorised Persons) Regulations 2026: How RBI Notification FEMA 401/2026-RB Overhauls Forex Licensing
  • CBDT Notification 80/2026: No TDS on Specified Payments to IFSC Units From April 1, 2026 (Form 1(N) Explained)
  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)

Annual Return AOC-4 April 2026 AY 2021-22 Budget Changes Case Law CBDT CBIC CCFS 2026 Circular Companies Act Companies Act 2013 Corporate Law Dormant Company Due Date Extension FEMA Finance Act Foreign Exchange FY 2020-21 GST GST Compliance 2026 GST Council GSTR3B GST Return High Court Income-tax Act 2025 Income Tax Income Tax Act 2025 Income Tax Rules 2026 International Taxation ITAT LLP MCA MCA V3 Portal MGT-7 Notification NRI NRI Taxation RBI RCM Residential Status ROC Filing Strike Off TDS

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