FATF Flags High-Risk Jurisdictions, Expands Monitoring List in February 2026 Update The Financial Action Task Force (FATF) has reaffirmed its vigilance over global financial systems, releasing its latest update on high-risk and monitored jurisdictions following its plenary held on February 13, 2026. In its public statement titled “High-Risk Jurisdictions subject to a Call for Action,” the FATF urged member countries […]
CBDT specifies new forms for changes or corrections in PAN data [ORDER F. NO. ADG(S)-1/PAN/M/3699/2026 dated 01.04.2026] The CBDT has notified two forms for furnishing an application for correction of PAN, namely: a) Form PAN CR-01 for individuals; and b) Form PAN CR-02 for non-individuals. CBDT amends GAAR Rules to allow grandfathering of investments made before 01-04-2017; dilutes Tiger Global […]
GST Calendar –Compliances for the month of March ’2026 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) April 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) April 10, 2026 GSTR-1 April 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) April 13, 2026 GSTR-6 Input Service Distributor April 13, 2026 GSTR-2B (Auto Generated Statement) April 14, 2026 […]
A consortium comprising Aditya Birla Group, Times of India Group, Bolt Ventures, and Blackstone has agreed to acquire the Indian Premier League Franchise Royal Challengers Bengaluru for $1.78 billion (Around INR 16,500 crores) following a competitive bidding process. The sale by United Spirits, the Indian arm of Diageo, follows a strategic review that classified the franchise as non-core to its […]
If you’ve ever wondered how people build wealth consistently without taking huge risks or timing the market, the answer is often simple: SIP. A Systematic Investment Plan (SIP) is one of the smartest, easiest, and most disciplined ways to grow money in mutual funds, even if you’re a beginner. You don’t need a large amount to start — just consistency […]
Dear Readers, During the month of February 2026 Team RNM is pleased to share that commercial operations of the RNM Capital Trust, the Gift City based licensed Alternative Investments Fund (AIF) category 3 commenced. The Fund is our small contribution towards achieving the vision of Honorable Prime Minister Modi of converting Gift City, an International Financial Service Centre (IFSC) […]
This month’s economic update reviews recent developments in UK growth, inflation, the labour market, productivity, and business investment. Together these indicators provide insight into the current trajectory of the UK economy and the potential direction of future monetary policy decisions. Global trade developments, particularly those linked to US tariff policies, also remain an important backdrop for economic uncertainty. UK growth […]
GST Calendar –Compliances for the month of February ’2026 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) March 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’) March 10, 2026 GSTR-1 March 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) March 13, 2026 GSTR-6 Input Service Distributor March 13, 2026 GSTR-2B (Auto Generated Statement) March 14, 2026 […]
Torrent To Buy Thermal Power Operator From L&T In $403 Mn Deal Torrent Power Ltd has agreed to acquire a 100% stake in L&T Power Development Ltd for $403 million (Around INR 3,660 crores), gaining control of the 1,400 MW Nabha Power Ltd in Punjab. The deal, subject to regulatory approvals, is expected to close by June 30, 2026. Nabha […]
09 Feb 2026: IFSC Units Granted Access to Online PAN Verification via Protean Portal The International Financial Services Centres Authority (IFSCA) has enabled IFSC-registered entities to access online PAN verification services through the Protean portal to facilitate client onboarding and regulatory compliance. As part of the onboarding process, all IFSC Units are required to verify the Permanent Account Number (PAN) […]