Daily Tax & Corporate News & Updates
News Updates
Direct tax
The Income-tax (First Amendment) Rules, 2026
The Income-tax (First Amendment) Rules, 2026 were notified by the CBDT to…
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,…
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
Introduction of Voluntary Lock-in / Debit freeze facility to Mutual…
SEBI has introduced a voluntary lock-in/debit freeze facility for mutual fund folios…
Regulatory Reporting by AIFs
SEBI has revised the regulatory reporting framework for AIFs by introducing a…
Guidelines for Custodians
SEBI has prescribed detailed guidelines on segregation of activities, governance, risk management,…
Revised Norms for appointment of an independent third-party reviewer/ certifier…
SEBI has revised the norms for appointing independent third-party reviewers for green…
SEBi circular on Ease of Doing Investment (EoDI)- Disclosure of…
SEBI has mandated SEBI-regulated entities and their agents to disclose their registered…
Banking & Finance
RBI Issues Draft Amendment Directions for ‘Review of Framework of Limiting Customer Liability in Digital Transactions’
RBI has issued Draft Amendment Directions to review the framework for limiting…
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…
Other laws
Consultation Paper on the Regulatory Framework for Rights Issued by Listed Entities in the IFSC
IFSCA has issued a consultation paper proposing a regulatory framework to streamline…
Consultation Paper on IFSCA (Prohibition of Market Abuse in Securities Markets) Regulations, 2026
The consultation paper proposes the IFSCA (Prohibition of Market Abuse in Securities…
Consultation Paper on the Regulatory Framework for Preferential Issues and Qualified Institutional Placements
Consultation paper proposing a regulatory framework for preferential issues and QIPs by…
International Financial Services Centres Authority (Registration Of Insurance Business) Regulations, 2021 (As Amended Up To 08-Jan-2026)
IFSCA (Registration of Insurance Business) Regulations, 2021 (as amended up to 08-Jan-2026)…
IFSCA (AML, CFT and KYC) Guidelines, 2022 – updated as on February 26, 2026
IFSCA updated its Anti-Money Laundering, Counter-Terrorist Financing and Know Your Customer Guidelines,…