Showing 286 of 286
CBIC Circular No. 262/08/2026-GST (official CBIC Tax Information Portal PDF)
Car dealers in the agency model no longer lose ITC on demo vehicles — CBIC Circular 262 withdraws the block
CBIC Circular 262/2026-GST withdraws para 4.6 of Circular 231: ITC on demo vehicles is not blocked under Section 17(5)(a) for dealers in the manufacturer-agency model.
CBIC Circular No. 262/08/2026-GST (official CBIC Tax Information Portal PDF)
28 October 2026Eff. 26 October 20269 min
CBIC Circular No. 261/07/2026-GST (official CBIC Tax Information Portal PDF)
Banks and NBFCs can claim 50% ITC without splitting every bill — CBIC Circular 261 settles who qualifies
CBIC Circular 261/2026-GST settles Section 17(4): which banks and NBFCs may claim 50% ITC, why one choice binds all engaged registrations, and how to report it in GSTR-3B.
CBIC Circular No. 261/07/2026-GST (official CBIC Tax Information Portal PDF)
28 October 2026Eff. 26 October 202611 min
RBI Press Release 2026-2027/1397 (official rbi.org.in)
RBI Extends 35A Directions on Sonpeth Nagari Sahakari Bank Till 30 January 2027
RBI has extended its Section 35A directions on Sonpeth Nagari Sahakari Bank, Parbhani, by three months — restrictions now run to 30 January 2027, subject to review.
RBI Press Release 2026-2027/1397 (official rbi.org.in)
28 October 2026Eff. 30 October 202610 min
CBIC Circular No. 260/06/2026-GST (official CBIC Tax Information Portal PDF)
CBIC Circular 260/2026: GST Input Service Distributor Rules Clarified — Multiple Registrations, Reversals, Turnover and Refunds
CBIC Circular 260/2026-GST clarifies ISD rules: multiple registrations, who reverses credit, ISD invoices as transfer documents, and refund treatment.
CBIC Circular No. 260/06/2026-GST (official CBIC Tax Information Portal PDF)
28 October 2026Eff. 26 October 202614 min
IFSCA Circular e.F.No. IFSCA-FMPP0BR/12/2023-Banking-Part(2) (27 Oct 2026) — official IFSCA PDF
IFSCA Sets Financial Soundness Rules for Payment System Operators in GIFT IFSC — Net-Worth Floors and 6-Month Deadline
IFSCA Circular of 27 Oct 2026 sets financial soundness criteria for IFSC payment system operators: USD 1m for TReDS, USD 0.2m for LEI issuers, one year's costs for trade repositories.
IFSCA Circular e.F.No. IFSCA-FMPP0BR/12/2023-Banking-Part(2) (27 Oct 2026) — official IFSCA PDF
28 October 2026Eff. 27 October 202612 min
CBIC Circular No. 263/09/2026-GST (official CBIC Tax Information Portal PDF)
CBIC Circular 263/2026: Export Payment Rules Clarified — SNRR, INR Settlement, Set-Off and Realisation
CBIC Circular 263/2026-GST clarifies when export payments count: convertible forex or repatriable INR accounts, SNRR/NRE for stockbrokers, set-off, and goods realisation rules.
CBIC Circular No. 263/09/2026-GST (official CBIC Tax Information Portal PDF)
28 October 2026Eff. 26 October 202611 min
IFSCA Circular — Certification on Cyber Security and Cyber Resilience (27 Oct 2026)
IFSCA Mandates Cyber Security Certification for Designated Officers in GIFT IFSC — NISM Basic and Advanced
IFSCA Circular of 27 Oct 2026 mandates NISM cyber security certification for designated officers and specified employees of IFSC regulated entities.
IFSCA Circular — Certification on Cyber Security and Cyber Resilience (27 Oct 2026)
27 October 2026Eff. 27 October 20266 min
CBIC Circular No. 259/05/2026-GST (official CBIC Tax Information Portal PDF)
CBIC Circular 259/2026: GST Appeal Pre-Deposit Rules Clarified — Admitted Tax, 10% of Disputed Tax, and Refunds
CBIC Circular 259/2026-GST clarifies GST appeal pre-deposits: pay admitted tax in full, deposit 10% of disputed tax only, and refunds need no express direction.
CBIC Circular No. 259/05/2026-GST (official CBIC Tax Information Portal PDF)
27 October 2026Eff. 26 October 20268 min
MCA General Circular No. 06/2026 dated 27.10.2026 (official MCA PDF)
MCA Circular 06/2026: CRA-4 for FY 2025-26 Can Be Filed Till 31 Dec 2026 Without Additional Fees
MCA General Circular 06/2026 lets companies file CRA-4 (Cost Audit Report, XBRL) for FY 2025-26 up to 31 Dec 2026 without additional fees; later filings attract full fees from the original due date.
MCA General Circular No. 06/2026 dated 27.10.2026 (official MCA PDF)
27 October 20267 min
CBIC Circular No. 264/10/2026-GST (official CBIC Tax Information Portal PDF)
CBIC Circular 264/2026: Rule 96(10) Omission Applies Retrospectively — Pending Export Refund Cases Covered
CBIC Circular 264/2026-GST says the omission of Rule 96(10) applies retrospectively from 23 Oct 2017, so pending export-refund proceedings must follow the Supreme Court's Goodluck India judgment.
CBIC Circular No. 264/10/2026-GST (official CBIC Tax Information Portal PDF)
27 October 20268 min