Key Regulatory & Legal Updates in July 2026

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

India Investment Deals July 2026: PE, VC & M&A Updates

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

GIFT IFSC Updates July 2026: RBI, IFSCA, REITs & FATF

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

GST Calendar –Compliances for the month of July ’2026

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,

RNM Tax Alert – Direct Tax Part for June 2026

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.

Aug 2026 – Tax Calendar

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

Editorial

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,

Let's Discuss Your Requirements