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News & Events

02/04/2026
GST Collections Rise Sharply in March, FY26 Up 8.3%
Income Tax Updates 2026: New Rules for HRA, Property Deals & Home Loan Benefits
Big Financial Changes from Tomorrow: New Income Tax Law & Key Updates Roll Out
RBI Acts Tough on Forex Markets to Boost Rupee Stability
Rupee Surges 1.6% to 93.14 After RBI’s Strategic Intervention
Haryana Leads Nation in SGST Growth with Remarkable 21.5% Surge in FY26
FY26 Indirect Tax Revenue Slightly Exceeds Government Targets
GST Revenue Collection Snapshot – March 2026 (Gross & Net)
01/04/2026
CBDT Makes DIN Mandatory for All Tax Communications from 2026
ICAI Announcement on Applicability of Guidance Notes for NCEs & LLPs from FY 2025–26 (31-03-2026)
Panel for Addressing Bank Branch Statutory Audit Queries for FY 2025-26
CBDT notifies ITR forms for AY 2026-27: Taxpayers can file income tax returns
31/03/2026
RBI Defers Capital Market Exposure Norms to July 1, Offers Relief with Key Clarifications
SEBI Cracks Down on Elitecon, Flags Irregularities; ₹51 Cr Gains Impounded
CBDT Issues Key Clarification on TDS for Bank Interest Ahead of Income Tax Act 2025 Rollout
30/03/2026
Bombay HC Quashes ₹23.67 Cr GST Refund Rejection Over Due Process Violations
28/03/2026
CBDT Extends TDS Certificate Deadline to March 31 Amid Portal Disruptions
NFRA Flags Lapses in Audit Practices of Top Firms, Raises Independence Concerns
 

Notification/Circulars
02/04/2026
Memorandum of Instructions governing money changing activities – Location of Forex Counters in International Airports in India
PAN Correction Filing Rules Introduced under Income-tax Act, 2025
13/2026-Customs-Seeks to exempt AIDC on certain commodities
12/2026-Customs-Seeks to exempt BCD on certain commodities
Assessment Rules for SEZ Goods Cleared to DTA
Customs Notification 34/2026: Key Changes in Courier Regulations
Risk Management and Inter-Bank Dealings (Revised)
Master Direction – Facility for Exchange of Notes and Coins
Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring
Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances
Overseas Investment – Submission of References to the Reserve Bank
01/04/2026
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to Foreign Exchange Management (Guarantees) Regulations, 2026
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 01 Entry
Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility
Reserve Bank of India (Trade Relief Measures) Directions, 2026
Income Tax Circular - Referencing by Document Identification Number (DIN)
31/03/2026
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026 (Revised)
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
28/03/2026
NOP-INR position of Authorised Dealers
Master Direction - Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries
CBIC Clarifies No Expiry for Self-Sealing Approval
Customs Allows Transhipment from All Ports & Airports
Customs Duty Exemption on Aviation Turbine Fuel – March 2026
25/03/2026
CBIC Introduces Payment Aggregator for Easier Customs Duty Payments via ICEGATE
Customs Rules Amended to Allow Payments via Aggregators in Electronic Cash Ledger
 
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