• March 20, 2026

Circular No. DOR.ACC.REC.No.443/21.04.018/2025-26, Dated: 16.03.2026 The Reserve Bank of India (RBI) has amended the financial statement presentation and disclosure directions across various categories of banks to introduce specific disclosure requirements relating to Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance premium payments. The amendment aligns disclosures with the Implementation of the Risk-Based Premium (RBP) framework. […]

• March 19, 2026

Press Note No. 2; Dated: 15.03.2026 1. Background and Context The Government has reviewed Para 3.1.1 of the Consolidated FDI Policy of 2020, dated 15.10.2020. This provision governs foreign direct investments originating from countries that share a land border with India. 2. Key Amendments to the FDI Policy 2.1 Prior Government Approval for Change in […]

• March 18, 2026

GSTN Advisory, dated 14-03-2026 The Goods and Services Tax Network (GSTN) has issued an advisory clarifying the treatment of payments made during investigation through Form GST DRC-03 when filing an appeal before the First Appellate Authority. The clarification addresses practical issues faced by taxpayers where such payments are not automatically reflected against demand orders on […]

• March 17, 2026

1. Introduction The Corporate Laws & Corporate Governance Committee of the Institute of Chartered Accountants of India (ICAI) has issued the Handbook on Key Compliances and Exemptions for Private Limited Companies under the Companies Act, 2013,to provide a consolidated, practical reference on the regulatory framework applicable to private companies. The handbook brings together the various […]

• March 16, 2026

CA Paras K Savla – [2026] 184 taxmann.com 214 (Article) 1. Abstract The Delhi Income Tax Appellate Tribunal, in a landmark ruling dated January 30, 2026, denied India-Singapore DTAA treaty benefits to Hareon Solar Singapore Pvt. Ltd.—a wholly-owned subsidiary of a Chinese parent—on capital gains of Rs. 17.67 crore arising from the sale of equity […]

• March 14, 2026

Case Details: ICICI Bank Ltd. vs. Punj Lloyd Ltd. - [2026] 183 taxmann.com 456 (NCLT-New Delhi) Judiciary and Counsel Details Ramalingam Sudhakar, CJ. & Ravindra Chaturvedi, Technical Member Navin Pahwa, Sr. Adv., Aditya Vikram Singh & Ms Shreya Chandhok, Advs. for the Applicant. Sunil Fernandes, Sr. Adv. & Raghav Chadha, Adv. for the Respondent. Facts of the Case In […]

• March 13, 2026

Case Details: Piramal Finance Ltd. vs. Deputy Commissioner of Income-tax - [2026] 184 taxmann.com 14 (Bombay) Judiciary and Counsel Details B. P. Colabawalla & Firdosh P. Pooniwalla, JJ. Madhur Agrawal, Adv. & J.D.Mistri, Sr. Adv. for the Petitioner. Ms Dhanlaksmi S. Krishna Iyer, Adv. for the Respondent. Facts of the Case The petitioner had filed an application […]

• March 12, 2026

Case Details: SchaeFFler India Ltd. vs. Chief Controlling Revenue Authority - [2026] 184 taxmann.com 57 (HC-Bombay) Judiciary and Counsel Details Sharmila U. Deshmukh, J. Nikhil Sakhardande, Ms Nafisa Khandeparkar, Dhaval Shethia & Ms Mrudula Dixit, Advs. for the Petitioner. O.A. Chandurkar, Addl GP & Ms Tanu Bhatia, AGP for the Respondent. Facts of the Case In the instant case, […]

• March 11, 2026

Case Details: Naseema Bano Personal Guarantor SRS Meditech Ltd. vs. State Bank of India – [2026] 183 taxmann.com 716 (NCLAT-New Delhi) Judiciary and Counsel Details N. Seshasayee, Judicial Member & Arun Baroka, Technical Member Ms Kritika, Rajat K. Mittal & Ms Heena Khatun, Advs. for the Appellant. Harshit Gupta & Shaun Jomon, Advs. for the Respondent. Facts of the Case […]