Dear Readers, During the month of September 2026 Mr. Raghu Marwah, CEO visited Kolkata and interacted with clients on M&A matters and other business owners. On the Direct Tax front, the Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing the Tax Audit Report from 30 September 2026 to 21 October 2026 and
Goldman Sachs Alternatives Raises $11.7 Billion, Including $1.6 Billion for Asia-Focused Fund Goldman Sachs Asset Management’s alternatives unit has raised $11.7 billion (around INR 112,320 crores) across its newest private equity funds and related vehicles, with a notable allocation to Asia. The total comprises $9.6 billion (around INR 92,160 crores) for its flagship fund, West Street Capital Partners IX (WSCP
02 Sep 2026: GIFT IFSC Emerges as a Growing International Banking Hub, Mobilises Over $52.8 Billion Through FCNR(B) Swap Facility GIFT City’s International Financial Services Centre (GIFT-IFSC) is emerging as an increasingly important hub for international banking and cross-border capital flows, with banks using the platform to mobilise foreign currency and access global sources of financing. As of 31 August
Important Circulars / Notification Circular No. 07/2026 : Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2026-27. The Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act, 1961 (the Act) read with section 536 of the Income-tax Act, 2025, has
7th Oct Due date of Deposit of TDS/ TCS for the Month of Sep, 2026 7th Oct Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of September, 2026 21th Oct Due date for filing of audit report under section 44AB(Income-tax Act, 1961) for the assessment year 2026-27 in the case of a
MCA Extension of tenure of Technical Members of NCLAT The Ministry of Corporate Affairs has issued notifications during September 2026 extending the tenure of certain Technical Members of the National Company Law Appellate Tribunal (NCLAT). The extensions are intended to ensure continuity in the functioning of the Tribunal and disposal of matters under the Companies Act, 2013 and related
Indirect Tax News Letter Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) Oct 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) Oct 10, 2026 GSTR-1 Oct 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) Oct 13, 2026 GSTR-6 Input