1. MCA Extension of Companies Compliance Facilitation Scheme, 2026 (CCFS- 2026) General Circular No. 03/2026 dated 8 July 2026 The MCA, vide General Circular No. 03/2026 dated 15 July 2026, has extended the validity of the Companies Compliance Facilitation Scheme, 2026 till 31 August 2026. The Scheme enables eligible companies to complete pending statutory filings at concessional additional fees
Cube Highways Trust Secures $131.6 Mn Pre-IPO Investment Premji Invest, the family office of Wipro founder Azim Premji, has invested $100 Million (around INR 950 crores) in Cube Highways Trust as part of a $131.6 Million (around INR 1,250 crores) strategic investor round ahead of the InvIT's $526 Million (around INR 5,000 crores) initial public offering (IPO). The pre-IPO placement
July 01, 2026: RBI Clarifies FDI Reporting Framework for IFSC Regulated Entities The Reserve Bank of India (RBI), in consultation with the International Financial Services Centres Authority (IFSCA), has clarified the reporting framework for Foreign Direct Investment (FDI) received by regulated entities in GIFT IFSC. The clarification confirms that while FDI regulations under FEMA do not apply to regulated entities
Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) Aug 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) Aug 10, 2026 GSTR-1 Aug 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) Aug 13, 2026 GSTR-6 Input Service Distributor Aug 13, 2026 GSTR-2B (Auto Generated Statement) Aug 14, 2026 GSTR-3B Aug 20, 2026 GSTR-5 (Non-Resident Taxable Person) Aug 20,
1. NOTIFICATION S.O. 3609(E) [NO. 74/2026/F.NO. 275/16/2026-IT(B)], DATED 3- 7-2026 The CBDT vide notification dated 3 rd July, 2026, exempts TDS on aircraft and ship lease payments to IFSC units. 2. ORDER F. NO. 225/73/2025-ITA-II, DATED 8-7-2026 The CBDT authorised the DGIT (Systems) to upload information received under AEOI to the Annual Information Statement (AIS). 3. NOTIFICATION S.O. 3889(E) [F.
7 th Aug Due date of Deposit of TDS/ TCS for the Month of July, 2026 7 th Aug Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of July, 2026 14 th Aug Issue of certificate in Form No. 132 (Income-tax Rules, 2026) under section 395(4) of the Income-tax Act 2025 for tax deducted at source under section
Dear Readers, During the month of July 2026 the country faced student protests which saw after very long the youth support a cause in such large numbers. The vibrancy of our democratic processes ensured a fair outcome and necessary action being taken. It re-affirmed our unshakeable belief in the country’s vision to achieve Viksit Bharat by 2047. Mr. Raghu Marwah,
Registering a business sounds like paperwork, but it’s really the foundation everything else gets built on. Get it right, and you’ll have an easier time raising money, signing contracts, and claiming tax breaks. Get it wrong (wrong structure, missing documents, a name that gets rejected twice), and you’ll waste weeks chasing corrections instead of building your product. This guide walks
If you are a US taxpayer with foreign mutual funds, foreign ETFs, or offshore investments, you may have unknowingly stepped into one of the most complicated corners of American tax law: the PFIC regime. It sounds obscure, but it affects millions of expats, NRIs with US tax status, and dual citizens who simply want to invest close to home. Quick
04 June 2026: IFSCA Issues Advisory on Rising Cyber Threats from Advanced AI Models The International Financial Services Centres Authority (IFSCA) has issued a fresh advisory urging all regulated entities operating in IFSCs to strengthen their cyber security frameworks amid the rapid advancement of frontier artificial intelligence (AI) models. The advisory, issued on June 4, 2026, builds on IFSCA’s existing