7th July Due date of Deposit of TDS/ TCS for the Month of June, 2026 7th July Upload the declarations received from recipients in Form No. 121 (Income-tax Rules, 2026) during the quarter ending June, 2026 7th July Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of June, 2026 15th July Issue of certificate in Form
Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) July 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) July 10, 2026 GSTR-1 July 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) July 13, 2026 GSTR-6 Input Service Distributor July 13, 2026 GSTR-2B (Auto Generated Statement) July 14, 2026 GSTR-3B July 20, 2026 GSTR-5 (Non-Resident Taxable Person) July
MCA MCA extends due date for filing Form DPT-3 The Ministry of Corporate Affairs (MCA), vide General Circular No. 02/2026 dated 19 June 2026, has extended the due date for filing Form DPT-3 (Return of Deposits) for FY 2025-26 from 30 June 2026 to 31 July 2026. The relaxation has been provided in view of technical disruptions arising from
After several months of disruption and uncertainty, financial markets have started to regain some stability as diplomatic discussions between the United States and Iran continue. One of the most significant developments has been the gradual reopening of the Strait of Hormuz, a critical route for global energy supplies. Earlier in the year, restrictions on shipping through the region
Meta Platforms Inc. has announced an investment of $900 million (around INR 8,550 crores) in Indian fintech company CRED through a combination of primary and secondary transactions, resulting in an effective post-money valuation of $4.5 billion (around INR 43,239 crores). The transaction implies a pre-money valuation of $4.03 billion (around INR 38,819 crores) and gives Meta an estimated 20% stake
Dear Readers, During the month of May 2026 the ceasefire of the Iran War brought remained volatile and tenuous, leading to a sharp depreciation of the Indian Rupee and increase in oil prices. The IPL season 2026 came to an end during the month with RCB and GT in the final match of the T20 tournament. The IPL has
A consortium led by steel magnate Lakshmi Mittal and vaccine entrepreneur Adar Poonawalla has agreed to acquire a controlling stake in IPL franchise Rajasthan Royals in a transaction valuing the franchise at approximately $1.65 billion (Around INR 15,673 crores). Under the proposed deal, the Mittal family will hold around 75% ownership, while Poonawalla will own approximately 18%, with existing investors
The UK economy continued to demonstrate resilience throughout May, although several indicators suggested that businesses and consumers remain cautious about the months ahead. Inflation continued its gradual decline, economic growth remained positive and employment conditions were broadly stable. However, concerns surrounding energy prices, geopolitical uncertainty and investment activity became increasingly prominent as the month progressed. Alongside economic developments, the accounting
MCA MCA Clarification issue related to Transfer of Membership Interest in Company Without Capital MCA has clarified vide its communication dated 08.05.2026 that transfer of membership interest in a company not having share capital (including companies limited by guarantee) must be effected through a duly executed instrument of transfer under Section 56 of the Companies Act, 2013. Further,
7th June Due date of Deposit of TDS/ TCS for the Month of May, 2026 7th June Declaration under section 394(2) of the Income-tax Act 2025 to be made by a buyer for obtaining goods without collection of tax in the month of May, 2026 14th June Certificate under section 395(4) of the Income-tax Act 2025 for tax deducted at