India Investment Deals July 2026: PE, VC & M&A Updates

Cube Highways Trust Secures $131.6 Mn Pre-IPO Investment Premji Invest, the family office of Wipro founder Azim Premji, has invested $100 Million (around INR 950 crores) in Cube Highways Trust as part of a $131.6 Million (around INR 1,250 crores) strategic investor round ahead of the InvIT's $526 Million (around INR 5,000 crores) initial public offering (IPO). The pre-IPO placement

GST Calendar –Compliances for the month of July ’2026

Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) Aug 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) Aug 10, 2026 GSTR-1 Aug 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) Aug 13, 2026 GSTR-6 Input Service Distributor Aug 13, 2026 GSTR-2B (Auto Generated Statement) Aug 14, 2026 GSTR-3B Aug 20, 2026 GSTR-5 (Non-Resident Taxable Person) Aug 20,

RNM Tax Alert – Direct Tax Part for June 2026

1. NOTIFICATION S.O. 3609(E) [NO. 74/2026/F.NO. 275/16/2026-IT(B)], DATED 3- 7-2026 The CBDT vide notification dated 3 rd July, 2026, exempts TDS on aircraft and ship lease payments to IFSC units. 2. ORDER F. NO. 225/73/2025-ITA-II, DATED 8-7-2026 The CBDT authorised the DGIT (Systems) to upload information received under AEOI to the Annual Information Statement (AIS). 3. NOTIFICATION S.O. 3889(E) [F.

Aug 2026 – Tax Calendar

7 th Aug Due date of Deposit of TDS/ TCS for the Month of July, 2026 7 th Aug Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of July, 2026 14 th Aug Issue of certificate in Form No. 132 (Income-tax Rules, 2026) under section 395(4) of the Income-tax Act 2025 for tax deducted at source under section

July 2026 – Tax Calendar

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

GST Calendar –Compliances for the month of June ’2026

  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

Meta To Invest $900 Mn In CRED, Names Kunal Shah WhatsApp’s Global CEO

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

Lakshmi Mittal, Poonawalla Led Group To Buy IPL Franchise Rajasthan Royals

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

Key Regulatory & Legal Updates in May 2026

MCA MCA Clarification issue related to Transfer of Membership Interest in Company Without Capital    MCA has clarified vide its communication dated 08.05.2026 that transfer of membership interest in a company not having share capital (including companies limited by guarantee) must be effected through a duly executed instrument of transfer under Section 56 of the Companies Act, 2013.   Further,

June 2026 – Tax Calendar

7th June Due date of Deposit of TDS/ TCS for the Month of May, 2026 7th June Declaration under section 394(2) of the Income-tax Act 2025 to be made by a buyer for obtaining goods without collection of tax in the month of May, 2026 14th June Certificate under section 395(4) of the Income-tax Act 2025 for tax deducted at

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