This update compiles key statutory deadlines across multiple laws for May 2026. It highlights filing requirements under income tax, GST, FEMA, and company law. The takeaway is a complete roadmap for timely compliance.
Budget 2026 retains existing income tax slabs but revises TCS, STT, and compliance timelines. The key takeaway is simplified procedures, rationalized penalties, and expanded exemptions across sectors.
The Enforcement Directorate levied penalties after finding misrepresentation in FDI receipts and improper reporting of foreign inward remittances. The adjudicating authority held that the contraventions were substantial and systemic under FEMA, 1999.
ITIRS 2018 encourages citizens to report substantial tax evasion, guaranteeing confidentiality and structured rewards. False reporting is punishable, and irrecoverable taxes are excluded from reward claims.
Breaks down why FEOA specifically targets fugitives involved in large-scale financial offences while PMLA addresses broader money-laundering activities. Highlights how both Acts complement each other through shared enforcement structures.
A comprehensive summary of the Production-Linked Incentive (PLI) and Make in India (MII) initiatives, covering their objectives, key sectors, and impact on boosting domestic manufacturing.
Explore key regulations for importing goods and services into India under FEMA 1999 and RBI guidelines, covering payment terms, compliance, and roles of banks and importers.
Understanding the framework for export of goods and services in India, covering roles of DGFT, RBI, banks, and exporters under FEMA, 1999.
Comprehensive FAQs from RBI on foreign investments by non-residents in non-debt instruments, covering regulations, definitions, and prohibited sectors.
This summary outlines key legal compliance obligations and updates for June 2025 in India across FEMA, Income Tax, GST, Companies Act, SEZ, STPI, and Labour Laws.
