Registering a business sounds like paperwork, but it’s really the foundation everything else gets built on. Get it right, and you’ll have an easier time raising money, signing contracts, and claiming tax breaks. Get it wrong (wrong structure, missing documents, a name that gets rejected twice), and you’ll waste weeks chasing corrections instead of building your product. This guide walks […]
If you are a US taxpayer with foreign mutual funds, foreign ETFs, or offshore investments, you may have unknowingly stepped into one of the most complicated corners of American tax law: the PFIC regime. It sounds obscure, but it affects millions of expats, NRIs with US tax status, and dual citizens who simply want to invest close to home. Quick […]
04 June 2026: IFSCA Issues Advisory on Rising Cyber Threats from Advanced AI Models The International Financial Services Centres Authority (IFSCA) has issued a fresh advisory urging all regulated entities operating in IFSCs to strengthen their cyber security frameworks amid the rapid advancement of frontier artificial intelligence (AI) models. The advisory, issued on June 4, 2026, builds on IFSCA’s existing […]
7th July Due date of Deposit of TDS/ TCS for the Month of June, 2026 7th July Upload the declarations received from recipients in Form No. 121 (Income-tax Rules, 2026) during the quarter ending June, 2026 7th July Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of June, 2026 15th July Issue of certificate in Form […]
Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) July 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) July 10, 2026 GSTR-1 July 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) July 13, 2026 GSTR-6 Input Service Distributor July 13, 2026 GSTR-2B (Auto Generated Statement) July 14, 2026 GSTR-3B July 20, 2026 GSTR-5 (Non-Resident Taxable Person) July […]
MCA MCA extends due date for filing Form DPT-3 The Ministry of Corporate Affairs (MCA), vide General Circular No. 02/2026 dated 19 June 2026, has extended the due date for filing Form DPT-3 (Return of Deposits) for FY 2025-26 from 30 June 2026 to 31 July 2026. The relaxation has been provided in view of technical disruptions arising from […]
After several months of disruption and uncertainty, financial markets have started to regain some stability as diplomatic discussions between the United States and Iran continue. One of the most significant developments has been the gradual reopening of the Strait of Hormuz, a critical route for global energy supplies. Earlier in the year, restrictions on shipping through the region […]
Meta Platforms Inc. has announced an investment of $900 million (around INR 8,550 crores) in Indian fintech company CRED through a combination of primary and secondary transactions, resulting in an effective post-money valuation of $4.5 billion (around INR 43,239 crores). The transaction implies a pre-money valuation of $4.03 billion (around INR 38,819 crores) and gives Meta an estimated 20% stake […]
Dear Readers, During the month of May 2026 the ceasefire of the Iran War brought remained volatile and tenuous, leading to a sharp depreciation of the Indian Rupee and increase in oil prices. The IPL season 2026 came to an end during the month with RCB and GT in the final match of the T20 tournament. The IPL has […]
A consortium led by steel magnate Lakshmi Mittal and vaccine entrepreneur Adar Poonawalla has agreed to acquire a controlling stake in IPL franchise Rajasthan Royals in a transaction valuing the franchise at approximately $1.65 billion (Around INR 15,673 crores). Under the proposed deal, the Mittal family will hold around 75% ownership, while Poonawalla will own approximately 18%, with existing investors […]