Major updates across income tax, GST, customs, and SEBI highlight compliance changes and key judicial rulings affecting taxpayers and businesses.
The High Court ruled that retrospective cancellation of GST registration is invalid if such action is not proposed in the original show cause notice. The judgment emphasizes adherence to natural justice and proper reasoning in administrative orders.
Major regulatory developments across Income Tax, GST, Customs, RBI, and SEBI were released during the week. The updates include crypto reporting rules, important court decisions, and new digital fraud protection proposals.
Major updates include Supreme Court GST classification rulings, IBC jurisdiction clarifications, DTAA amendment with France, and DGFT export relaxations. Compliance and enforcement landscape sees significant changes.
Major updates include GST refund clarification by Supreme Court, RBI FEMA amendments, DGFT export schemes, and important AAR rulings.
CBDT placed Draft Income Tax Rules and Forms 2026 in the public domain ahead of the new Act’s implementation. Stakeholders are invited to suggest simplification and compliance reforms.
Summarises major tax, GST, customs, and regulatory changes released in early February 2026. The key takeaway is the breadth of compliance-impacting updates across sectors.
The RBI maintained a pause on interest rates while continuing a neutral stance. The decision signals confidence in low inflation and steady economic growth.
Multiple notifications and circulars issued during the week implemented Budget 2026 measures across direct and indirect taxes. The updates impact compliance, exemptions, refunds, automation, and enforcement.
This roundup captures key tax, GST, customs, and financial sector updates released during the week. The key takeaway is improved clarity on exemptions, compliance, and regulatory boundaries.
