GSTN introduces RCMDOM and RCMIMP for e-invoicing of recipient-generated self-invoices under RCM for domestic supplies and import of services. Sandbox testing is now available.
ICAI issues January 2027 exam eligibility guidelines for CA Foundation and Intermediate. Check registration cut-offs, course codes, SSP updates and photo requirements.
ICAI issues CA Intermediate January 2027 guidelines for making exhausted exemptions permanent. Check eligibility, SSP application process and passing criteria.
SEBI proposes major SME IPO reforms, including ₹3 crore average operating profit, market capitalisation-based eligibility, 500 allottees and one-share trading lots.
India's net direct tax collections rose 13.21% to ₹13.38 lakh crore till October 14, 2026, while gross collections grew 14.89% and refunds increased 24.22%.
RBI clarifies FERR rules for forex derivatives, including the 20% reserve requirement, USD 2 million threshold, exemptions, maintenance and daily reporting deadlines.
The Ministry of Finance revises specified Central Excise duty rates to ₹2.5 and ₹8.5 per litre under Notification No. 54/2026-Central Excise, effective 16 October 2026.
CBIC Chairman Vivek Chaturvedi and Member Sanjay Mangal interacted with around 250 trade and taxpayer representatives in Bengaluru on October 13, 2026, to discuss the 57th GST Council reforms.
CCEA approves Fairfax Group's acquisition of a 60.72% stake in IDBI Bank for ₹52,878.08 crore, with a winning bid of ₹81 per share.
ICAI has announced a final opportunity to submit the MEF 2026-27 application from midnight on October 15 to midnight on October 16, 2026.
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