EaseValuePaytm Payments Bank Excluded from RBI Schedule 2026 | Tax Impact
In a significant regulatory development, Paytm Payments Bank Limited has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 effective September 7, 2026. This impacts tax treatment of deposits, interest income, and GST compliance for thousands of account holders.
Reserve Money September 2026: RBI Data Release Impact on Taxation
The Reserve Bank of India has released Reserve Money data for the fortnight ended September 30, 2026. This monetary policy update has direct implications for taxpayers and businesses planning their tax compliance and financial strategies for AY 2026-27.
RBI Payments Banks Capital Adequacy Norms 2026 - Tax Impact
The Reserve Bank of India has issued the Third Amendment Directions on Capital Adequacy norms for Payments Banks effective October 2026. This update affects fintech entities, digital payment platforms, and their taxation under the Income Tax Act 2025.
RBI AIFI Capital Adequacy Norms 2026 – Impact on Financial Institutions
The Reserve Bank of India has issued the Fifth Amendment Directions on prudential norms for All India Financial Institutions (AIFIs) in October 2026. This update affects capital adequacy ratios, provisioning norms, and compliance requirements for financial entities.
AO Cannot Start Reassessment Before Objections Decided - Bombay HC 2026
This is a recent October 2026 ruling from Bombay High Court that protects taxpayers during reassessment proceedings. The court has quashed reassessment notices issued before the AO properly disposed of the taxpayer's objections to reopening.
ITAT Deletes ₹20.18 Crore TP Adjustment 2026 | Gujarat High Court
In a major relief for taxpayers, ITAT Ahmedabad has deleted a ₹20.18 crore transfer pricing (TP) adjustment on intra-group services, following an earlier decision by the Gujarat High Court on identical facts. This October 2026 ruling provides significant protection for businesses engaged in inter-company transactions.
State Government Securities SGS Auction Results October 2026 - Income Tax
State Government Securities (SGS) auction held on October 6, 2026 has allotted ₹23,600 crore across 25 securities. Learn the tax implications, TDS rules, and why SGS interest income matters for your returns in AY 2026-27.
RBI ATM Cassette Swap Rules 2026-27: Banks Compliance Update
The RBI has issued a significant modification to its ATM cassette swap guidelines effective October 1, 2026. Banks can now delegate implementation monitoring to an executive committee instead of the full Board, streamlining governance while maintaining compliance standards.
Transfer Pricing Comparable Loss Rule 2025-26: Karnataka HC Ruling
In a significant October 2026 ruling, Karnataka High Court has clarified that a single year of losses cannot justify exclusion of a transfer pricing comparable. This affects how businesses select comparables for AY 2025-26 onwards.
₹200 Crore Turnover Filter TP Comparables Valid 2025-26
Karnataka High Court has recently validated the use of ₹200 crore upper turnover filter when selecting comparables for transfer pricing analysis. This ruling provides significant relief to Indian taxpayers and software companies facing transfer pricing adjustments.
NBFC Credit Growth August 2026 – Tax Implications for Lenders
New data on NBFC credit deployment (August 2026) reveals strong growth across retail, agriculture, and services sectors. Learn what this means for your tax compliance and income reporting obligations.
NRD-CSR Return R012 CIMS Portal 2026: Bank Compliance Guide
RBI has shifted Non-Resident Deposits (NRD) reporting from XBRL to the new CIMS Sankalan portal effective October 2026. Banks maintaining NRD accounts must now submit the Comprehensive Single Return (R012) through three digital channels with stricter validation rules.
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