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Curated compliance news across statutes.
Rupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer
The rupee is expected to open slightly weaker, having settled at 95.8125 to the dollar on Friday, according to traders
RBI likely to hike rates 25 bps in October, December; Nomura sees terminal rate at 5.75%
Nomura expects CPI inflation to rise from 4.8% year-on-year in August to 6.3% in Q4 and around 5.3% in H1 2027, before moderating below 4% in H2 2027
India's forex reserves fall $14.89 billion to $766 billion
For the week ended September 18, foreign currency assets, a major component of reserves, fell by USD 14.816 billion to USD 630.980 billion, according to the data released by the Reserve Bank of India (RBI).
Bank holidays in October 2026: Check state-wise RBI holiday list of 11 days
Banks in India will be closed for many days in Oct 2026, including national and regional holidays. The RBI's holiday calendar marks numerous non-working days affecting banks state-wise
Eight PSU banks lack non-executive chairmen, raising governance concerns
The role of a non-executive chairman at banks and other financial institutions is crucial, providing board leadership, broad policy direction and oversight of governance. The issue assumes greater significance in view of a new RBI governanc
Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors
SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted
Alerts & Updates
Tax audit due date remains Sept 30: No extension yet — Here's how much penalty you could face for late filing
The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing.
CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September
Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and
Tax audit deadline September 30: 5 common mistakes in GST turnover, TDS, AIS and business expenses to avoid
Taxpayers facing the September 30 tax-audit deadline should reconcile their books with GST returns, AIS, TIS and Form 26AS, verify TDS/TCS credits and avoid claiming personal expenses as business deductions. Experts recommend completing the
Tax audit deadline 30 September: 5 things taxpayers should do as professionals seek more time
The tax audit deadline for AY 2026-27 is 30 September 2026, while professional bodies are seeking more time. Taxpayers should not wait for an extension and must complete reconciliations, verify records, review disclosures and ensure the tax
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