Direct Tax Alert February 2026

Important Judicial Precedents Tribunal erred in granting registration u/s 12AB and 80G without inquiry into trust’s genuineness; matter remanded: HC [2026] 183 taxmann.com 742 (Delhi-HC) CIT, Exemption vs. Kush Innovative Foundation Where assessee-trust holding provisional registration under section 12AB applied for regular registration and approval under Section 80G but Commissioner rejected same for non-furnishing of documents, Tribunal’s direction to grant […]

Key Regulatory & Legal Updates in February 2026

  Ministry of Corporate Affairs (MCA)  Expansion of Regional Directors  MCA expanded Regional Director (RD) offices to 10 locations including Ahmedabad, Bengaluru, Chandigarh, Mumbai, Delhi, etc. Read More: https://www.mca.gov.in/content/mca/global/en/home.html Reorganisation of ROC Jurisdiction  Implementation of revised ROC jurisdiction structure deferred and made effective from 16 February 2026. Read More: https://www.mca.gov.in/content/mca/global/en/home.html Securities and Exchange Board of India (SEBI) Master Circular for […]

Tax Calendar March 2026

  7th Mar ​Due date for deposit of Tax deducted/collected for the month of February, 2026 15th Mar 4th instalment of advance tax for the assessment year 2026-27 15th Mar Due date for payment of whole amount of advance tax in respect of assessment year 2026-27 for assessee covered under presumptive scheme of section 44AD / section 44ADA 17th Mar Due date for […]

Editorial January 2026

Dear Readers,   During the month of January 2026 Team RNM participated in the World Forum of Accountants (WOFA 2.0) at Greater Noida organized by Institute of Chartered Accountants of India. The WOFA 2.0 had over 9000 delegates and illustrious speakers including Mr. Piyush Goyal, Union Minister of Commerce  and Mr. Kumar Mangalam Birla, Chairman Aditya Birla Group. We were […]

Corporate Finance Monthly Alert January 2026

Apax Partners Picks Up Minority Stake In Ready-To-Cook Brand ID Fresh   Apax Partners has acquired a significant minority stake around 35% in ready-to-cook brand iD Fresh Food for roughly $166 million (around INR 1,500 crores), marking its first India deal in over a year. The stake was bought from existing investors Premji Invest and TPG NewQuest, who will continue […]

Indirect Tax News Letter January 2026

GST Calendar –Compliances for the month of January ’2026   Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’)  February 10, 2026 GSTR-8 (Tax Collected at Source ‘TCS’)  February 10, 2026 GSTR-1  February 11, 2026 IFF- Invoice furnishing facility (Availing QRMP) February 13, 2026 GSTR-6 Input Service Distributor February 13, 2026 GSTR-2B (Auto Generated Statement) February 14, 2026 […]

UK Monthly Economic Outlook 2026

The UK economy enters 2026 in a position of fragile stability rather than strong momentum. After a relatively solid start to 2025, growth slowed in the second half of the year as geopolitical uncertainty, weaker business confidence and tighter fiscal conditions weighed on activity. While the near term outlook remains subdued, there are indications that the economy is gradually moving […]

Key Regulatory & Legal Updates in January 2026

Securities and Exchange Board of India (SEBI) SEBI (LODR) Amendment Regulations, 2026  SEBI notified amendments to the Listing Obligations & Disclosure Requirements (LODR) Regulations strengthening governance and disclosure standards, including director/KMP timelines, investor protection norms, and corporate governance clarifications. Read More: https://www.sebi.gov.in/ SEBI (Issue & Listing of Non-Convertible Securities) (Amendment) Regulations, 2026 Amended to facilitate greater participation of retail investors […]

GIFT CITY Update February 2026

05 Jan 2026: SCA Updates AML, CFT and KYC Guidelines: Consolidated Version Issued (January 2026) The International Financial Services Centres Authority (IFSCA) has issued a circular dated January 02, 2026, introducing modifications to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022. These changes have been notified following representations received from various […]

Direct Tax Alert January 2026

No changes have been proposed to the personal tax rates under the old or new tax regime or to the rates of surcharge and education cess by Finance Bill 2026. The tax rates and slabs under the new tax regime of Section 202 of the ITA 2025 (corresponding to Section 115BAC of the ITA 1961) shall be as follows:  Total […]

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