Daily Tax & Corporate News & Updates
News Updates
Direct tax
Comprehensive Analysis of Key Amendments in Income Tax Return (ITR)…
The Central Board of Direct Taxes (CBDT) has notified the Income Tax…
Circular of Referencing by Document Identification Number (DIN)
CBDT prescribes revised procedures for mandatory quoting and generation of Document Identification…
Order for specifying Forms and procedures in relation to furnishing…
CBDT has notified two forms (Form PAN CR-01 for individuals and Form…
The Income-tax (Tenth Amendment) Rules, 2026
CBDT allow grandfathering of investments made before 01-04-2017. The Income-tax (Tenth Amendment)…
Indirect tax
Advisory for IMS Offline Tool on GST Portal
GSTN introduces an IMS Offline Tool on the GST portal to enable…
Advisory on Re-Computation of Interest under Table 5.1 of GSTR-3B
GSNT issues an advisory clarifying the process for re-computation of interest under…
Pre-deposit Percentage in the GST Portal
GSTN enabled editing of the pre-deposit percentage in GST appeal Form APL-01…
Difficulty in filing appeals on the GST portal in cases…
GSTN has issued an advisory highlighting that taxpayers cannot file appeals on…
Audit & accounting
Compendium of Information Systems Audit Standards released by ICAI
The ICAI has released a Compendium of Information Systems Audit Standards consolidating…
Effective Communication Between Statutory Auditors and Those Charged with Governance,…
This circular issued by NFRA emphasizes the need for robust, documented, and…
Computation of liquid net worth under IFSCA (Capital Market Intermediaries)…
Clarifies the components and methodology for computing liquid net worth of capital…
IFSCA (CMI) Regulations, 2025 – Extension of deadline for implementing…
Deadline for implementing revised norms on the appointment of Principal Officer and…
Corporate Laws
Framework for net settlement of funds for transactions done by…
SEBI has issued a circular on the framework introducing net settlement of…
Consultation paper on Review of variable net worth for stock…
SEBI has released a consultation paper proposing to review of the variable…
Consultation Paper on Ease of Doing Investment and Ease of…
SEBI has released a consultation paper proposing a streamlined framework for handling…
FAQs on the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)
The FAQs on CCFS provide clarifications on reporting requirements, timelines, and procedural…
The Companies (Registration Offices and Fees) Amendment Rules, 2026
The Companies (Registration Offices and Fees) Amendment Rules, 2026 revise the fee…
Banking & Finance
Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026
FDI policy in the insurance sector is liberalised by allowing up to…
Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2026
Amendments to FEMA Non-Debt Instruments Rules, 2026 tighten FDI norms by mandating…
Reserve Bank of India (Non Banking Financial Companies Undertaking of Financial Services) Amendment Directions, 2026
The RBI (Non-Banking Financial Companies – Undertaking of Financial Services) Amendment Directions,…
Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026
RBI eases branch expansion norms for NBFCs through the NBFC – Branch…
RBI invites public comments on the draft Amendment Directions on review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL
RBI has issued draft amendment directions seeking public comments on revising the…
Other laws
Norms and manner of reporting for the International Branch Campuses of Foreign Universities in the GIFT-IFSC
IFSCA circular prescribing detailed norms, formats, timelines, and submission requirements for annual…
Consolidated list of Public Comments on the proposed IFSCA (Finance Company) (Amendment) Regulations, 2026
Consolidated public comments on the proposed IFSCA (Finance Company) (Amendment) Regulations, 2026…
IFSCA Authority Meeting
IFSCA, in its 28th Authority meeting, approved comprehensive frameworks for capital raising…
Amendment to the Circular titled ‘Framework for Ship Leasing’
IFSCA amends the Ship Leasing framework to refine regulatory requirements, enhance operational…
Framework for preferential issues and qualified institutions placement under the International Financial Services Centres Authority (Listing) Regulations, 2024
IFSCA prescribes a detailed framework for preferential issues and qualified institutions placement…