CBDT authorises DGIT (Systems) to upload AEOI information in AIS Form 26AS under sections 119, 90 and 90A, prescribing timelines and procedures.
CBDT Circular 05/2026 clarifies safe harbour rules for foreign companies selling raw diamonds in Special Notified Zones, covering eligibility, tax, TDS and DTAA.
CBDT Notification 74/2026 exempts TDS on eligible IFSC aircraft lease rent under section 393, subject to Form 1(N), effective from 1 April 2026.
CBIC Notification 27/2026-Customs amends Notification 25/2002 to revise the list of goods eligible for BCD exemption for lithium ion cell manufacturing.
CBIC Notification 26/2026-Customs grants nil BCD on specified goods used in manufacturing inductor coil modules for mobile phones until 31 March 2029.
CBIC Notification 25/2026-Customs grants nil BCD on specified goods used to manufacture display assemblies for automotive, medical and industrial applications.
IBBI suspended an Insolvency Professional for three years over wrongful rejection of an admitted CIRP claim and non-compliance with AA and NCLAT orders.
RBI notified that Coӧperatieve Rabobank U.A. ceased to be a banking company and directed its exclusion from the RBI Act’s Second Schedule.
MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the 05 June 2026 fire incident.
SEBI’s 3 July 2026 notification revises FPI fee structure, registration requirements, remittance timelines and effective dates under amended 2019 Regulations.
