Daily Tax & Corporate News & Updates
News Updates
Direct tax
India and France sign Amending Protocol to update Double Taxation…
Amending Protocol to the India–France DTAC updates tax rules on capital gains,…
ICAI (Global Networking) Guidelines, 2025
ICAI (Global Networking) Guidelines, 2025 is regulatory framework issued by the ICAI…
Navigator – Income-tax Forms
A comprehensive navigator listing all Income-tax Forms under the IT Rules, 2026,…
Draft Income-tax Rules, 2026
The Draft Income-tax Rules, 2026 lay down the procedural framework, definitions, valuation…
Indirect tax
Amit Manilal Haria and others v. The Joint Commissioner, CGST…
Bombay High Court sets aside ₹400 crore GST penalties imposed on Shemaroo…
Anti-dumping investigation concerning imports of “Monoisopropylamine” (MIPA) originating in or…
Final findings of an anti-dumping investigation on imports of Mono Isopropylamine (MIPA)…
Facility for Withdrawal from Rule 14A
GSTN has introduced an online facility on the GST Portal enabling eligible…
Advisory on Interest Collection and Related Enhancements in GSTR-3B
GSTN introduces enhancements to GSTR-3B from January 2026, including revised interest computation,…
Audit & accounting
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…
IFSCA circular Internet banking services to clients of IBUs –Review
Detailed compliance, customer consent, feature, and timeline requirements for Information, Interactive, and…
Corporate Laws
SEBi circular on Ease of Doing Investment (EoDI)- Disclosure of…
SEBI has mandated SEBI-regulated entities and their agents to disclose their registered…
IBBI (Pre-Packaged Insolvency Resolution Process) (Amendment) Regulations, 2026
Refines the pre-pack framework by enhancing procedural efficiency, strengthening stakeholder disclosures, and…
IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Amendment)…
Enhances procedural clarity, strengthens creditor participation, and improves timelines and reporting in…
IBBI (Liquidation Process) (Second Amendment) Regulations, 2026
Strengthens the liquidation framework by tightening timelines, enhancing reporting and stakeholder transparency,…
IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2026
Introduces technology-driven compliance by mandating electronic filing of forms with prescribed timelines,…
Banking & Finance
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
This circular update reporting formats for ECB to align with the revised…
RBI releases draft Directions on Foreign Exchange Dealings of Authorised Persons
RBI invites public feedback on draft directions aimed at enhancing flexibility for…
Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 By RB1 14-01-2026
The FEM (Export and Import of Goods and Services) Regulations, 2026 outline…
RBI issues Reserve Bank of India (Internal Ombudsman) Directions, 2026
RBI issues Internal Ombudsman Directions, 2026, strengthening customer grievance redressal frameworks across…
RBI issues Amendment Directions on Lending to Related Parties by Regulated Entities
RBI issues amendment directions establishing a harmonised framework for lending to related…
Other laws
Directions on SWIFT-related operational requirements
The IFSCA has issued directions mandating IFSC Banking Units to standardize SWIFT…
Consultation paper on the draft International Financial Services Centres Authority (IFSC Financial Advisers) Regulations, 2026
IFSCA has proposed a regulatory framework for financial advisers in IFSCs to…
Public Consultation – Draft International Financial Services Centres Authority (Electronic Trading Platform) Regulations, 2026
Public consultation on draft IFSCA (Electronic Trading Platform) Regulations, 2026 proposing a…
Public Comments on Draft IFSCA (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024
Framework outlining revised guidelines for ECB, focusing on eligible borrowers, end-use restrictions,…
Unified Registration for multiple Capital Market Activities under the IFSCA (Capital Market Intermediaries) Regulations, 2025 (Master Key)
IFSCA’s Master Key framework enables capital market intermediaries in IFSCs to obtain…