April 04, 2026

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IMC EVENTS

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4
Apr

ECAMEX26

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IMC ERTF Blogs

Notifications

 
CUSTOMS

1
Apr

Notification No. 34/2026 (Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962

1
Apr

Notification No. 32/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

1
Apr

Notification No. 33/2026 (Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962

1
Apr

Circular No. 18/2026 (Delhi)
Assessment of Bills of Entry filed for goods manufactured by SEZ units and cleared to Domestic Tariff Area (DTA) under concessional rate – reg.

1
Apr

Circular No. 17/2026 (Delhi)
Enabling Ease of Doing Business for E-commerce and Courier- Reg.

1
Apr

Notification No. 31/2026 (Delhi)
G.S.R. .... (E).- ln exercise of the powers conferred by section 157, read with sections 30, 30A, 41, 41A, 53, 54, 56, sub-section (3) of section 98 and sub-section (2) of section 158 of the Customs

1
Apr

Circular No. 16/2026 (Delhi)
Implementation of the Sea Cargo Manifest and Transhipment Regulations (SCMTR)}-reg.

30
Mar

Circular No. 15/2026 (Delhi)
International Tran shipment of FCULCL cargo from all Ports/Airports, in view of disruption in maritime routes due to closure of the Strait of Hormuz Section 143AA of the Customs Act, 1962- reg.

30
Mar

Circular No 14/2026 (Delhi)
Clarification regarding validity period for self-sealing permission to exporters under Circular No. 26/2017-Customs and Circular No.36/2017-Customs.

INCOME TAX

3
Apr

Notification No. 33/2026 (Delhi)
S.O. 1622(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 34/2026 (Delhi)
S.O. 1623(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Incometax Act, 1961

3
Apr

Notification No. 36/2026 (Delhi)
S.O. 1624(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 37/2026 (Delhi)
S.O. 1626(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 38/2026 (Delhi)
S.O. 1627(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 35/2026 (Delhi)
S.O. 1625(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 28/2026 (Delhi)
S.0. 1535(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 29/2026 (Delhi)
S.O. 1576(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 30/2026 (Delhi)
S.O. 1577(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 31/2026 (Delhi)
S.O. 1578(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

3
Apr

Notification No. 32/2026 (Delhi)
S.O. 1579(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

1
Apr

Circular No. 02/2026 (Delhi)
Order under section 119 of the Income-tax Act, 1961 for extension of timeline for issuance of tax deducted at source (TDS) certificate under.section 203 of the Act for the quarter ending 31st Decemb

1
Apr

Notification No. 25/2026 (Delhi)
S.O. 1532(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

1
Apr

Notification No. 26/2026 (Delhi)
S.O. 1533(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

1
Apr

Notification No. 27/2026 (Delhi)
S.0. 1534(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

1
Apr

Circular No. 04/2026 (Delhi)
Referencing by Document Identification Number (DIN) reg.

1
Apr

Notification No. 22/2026 (Delhi)
G.S.R. 198(E).—In exercise of powers conferred by section 533 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules, namely:–

1
Apr

Notification No. 23/2026 (Delhi)
S.O. 1490(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

1
Apr

Notification No. 24/2026 (Delhi)
S.O. 1491(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

1
Apr

Circular No. 01/2026 (Delhi)
Clarification regarding power to condone delay in filing Form No. 10A under sub-clause (I) clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 1961 - reg.

1
Apr

Circular No. 03/2026 (Delhi)
Notification of Sovereign Wealth Fund under Schedule V [Table: SI. No. 7.Note S(a)(ii)(G)] of the Income-tax Act, 2025-reg.

31
Mar

ITR filing 2026: Government releases ITR forms for AY 2026-27; check details of ITR-U and ITR-V (Delhi)
The Income Tax (1-T) Department has notified new Income Tax Return (ITR) forms along with the updated ITR-U (updated ITR) form and the ITR-V (ITR verification) form for the assessment year 2026-27.

RBI

1
Apr

RBI/2025-26/253 (Delhi)
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)

1
Apr

RBI/2025-26/256 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/257 (Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/258 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/263 (Delhi)
Reserve Bank of India (Trade Relief Measures) Directions, 2026

1
Apr

RBI/2025-26/264 (Delhi)
Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility

1
Apr

RBI/2025-26/255 (Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/259 (Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/260 (Delhi)
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)

1
Apr

RBI/2025-26/261 (Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/262 (Delhi)
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)

30
Mar

RBI/2025-26/252 (Delhi)
NOP-INR position of Authorised Dealers

30
Mar

RBI/2025-26/251 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries

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INDIAN ECONOMY

Government set to roll out 3 free trade pacts in six weeks

The next six weeks could see at least three of the trade deals finalised by India — with Oman, the UK and New Zealand — being operationalised, even as it seeks to ensure a preferential duty advantage in the US, once Washington finalises its strategy after the Supreme Court setback on reciprocal tariffs. Co...

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India's GDP may come down to 6.5% in FY27, if crude remains at USD 100: CareEdge

India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 p...

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India may soon announce more relief for exporters hit by West Asia crisis

The government has announced measures to help exporters tackle the impact of the West Asia crisis and some more decisions are on the anvil, Commerce and Industry Minister Piyush Goyal said on Thursday. An US-Israel attack launched on Iran in February has disrupted movement of ships in the international wat...

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West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenues

The government will assess the impact of recent tax concessions on its indirect tax revenues at the start of the new financial year as it weighs the fallout of the West Asia conflict on the economy, officials said. It marginally exceeded the revised estimates for indirect taxes in FY26. The review will fac...

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India eyes preferential market access in US trade push, highlights strong growth position: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Thursday asserted that India is pushing for "preferential access" and the "best possible deal" in its ongoing trade engagement with the United States, underlining that the country is currently in a "very sweet spot" among emerging economies. "Our approac...

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One battle after another: How India fared in the year of Trump tariffs

When US President Donald Trump declared April 2, 2025 as “Liberation Day” for American trade policy, few countries felt the tremors as immediately, and as sharply, as India. What followed was not a single negotiation cycle, but a year-long test of strategy, endurance and economic resilience for New Delhi, as ...

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India plans Rs 2-2.5 lakh crore credit guarantee scheme amid West Asia conflict

India is drawing up a new credit guarantee scheme for industry to cushion the fallout from the West Asia conflict, people familiar with the matter said. The proposed scheme aims to ease funding access for companies facing higher input and logistics costs, they said, as the government steps up measures to c...

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West Asia crisis: LPG imports run out of gas despite increase in supplies from US, Iran

India’s LPG imports in March fell more than 40% compared with the previous two months, opening up a significant supply gap despite increased imports from the US and Iran, show ship-tracking data. In a twist, the US and Iran—the two countries whose conflict has disrupted LPG flows to India—helped partly plu...

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Russian firms can scale up oil, LNG supplies to India: Country's first Deputy Chairman Manturov

Russia's First Deputy Chairman Denis Manturov reaffirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas (LNG) to the Indian market amid the energy crisis due to the conflict in West Asia, underlining deepening energy cooperation between the two countrie...

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FTA with UK to be operational in 30-45 days: Piyush Goyal

The Comprehensive Economic and Trade Agreement (CETA) between India and UK will be operationalised in the next 30-45 days and by the end of this month the Free Trade Agreement with New Zealand will be signed, Commerce and Industry Minister Piyush Goyal said Thursday. During his visit to Yaounde, Cameroon ...

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More steps in pipeline to deal with West Asia crisis: Piyush Goyal

More decisions are on the anvil and under discussions at various levels to deal with the situation arising out of the war in West Asia, Commerce and Industry Minister Piyush Goyal said Thursday The minister said despite the war India has shown tremendous resilience in food security, energy security and all...

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Explainer: Why India’s import bill is under greater stress

India has contended with a crude oil price exceeding $100 per barrel earlier. However, a similar surge in the wake of the West Asian conflict has an impact that is sharper, wider, and more challenging. Saurav Anand explains the reasons and what it means for the economy Why is this shock worse than in 2022?...

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Centre’s indirect tax collection surpasses FY26 target: Official

The Centre has provisionally collected 101.2% of its revised indirect tax target for the FY26, a senior finance ministry official said on Thursday. The total indirect tax mop-up, encompassing customs duties, union excise duties and the Centre’s share of Goods and Services Tax (GST), marginally exceeded the...

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MARKET & FINANCE

When the future feels shaky: Practical ways to steady your money

Uncertain periods don't usually arrive one at a time. Groceries get expensive, markets start swinging wildly, layoffs appear in the news, and suddenly, even people who were comfortable feel uneasy. The biggest mistake in moments like this is trying to "win" against uncertainty, chasing high returns, making dr...

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Japanese bond yields sink on new portfolio demand, Iran war optimism

Japanese government bond yields fell sharply on Wednesday as investors scooped up bonds at the start of the new fiscal year, with sentiment aided by optimism for the de-escalation of the Middle East conflict. The five-year JGB yield fell 5.5 basis points to 2.30%, and the 40-year JGB yield fell 12 bps to 3...

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Investing in debt mutual funds now? How rising yields may impact returns

Reassess your portfolio Rising geopolitical tensions in the Middle East have pushed up crude oil prices, triggering a rise in bond yields in India. Higher oil prices, along with a weakening rupee, are stoking inflation concerns and prompting investors to reassess their debt portfolios as mark-to-market losse...

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GLOBAL CORPORATE

Tesla Deliveries Mark Weakest Quarter in a Year, Inventory Swells

Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and intensifying global competition strain its core electric vehicle business. Shares of the Elon Musk-led company fell more than 4%, after losing about 15% so far this year. ...

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SpaceX Targets More Than $2 Trillion Valuation in IPO, Bloomberg News Reports

Elon Musk's SpaceX boosted its target IPO valuation above $2 trillion, Bloomberg News reported on Thursday, citing people familiar with the matter, setting the stage for what could become the largest stock market listing on record. SpaceX and its advisers are floating the figure to prospective investors in...

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Microsoft to Invest $10 Billion in Japan for AI and Cyber Defence Expansion

Microsoft on Friday said it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to expand artificial intelligence infrastructure and strengthen cybersecurity cooperation with the government. The investment includes the training of 1 million engineers and developers by 2030, Microsoft ...

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Tesla Eyes Japan's Top Imported-Car Spot as It Expands Store, Service Network

Tesla plans to expand in Japan to at least 60 stores as it seeks to become the country's biggest imported car brand by as early as next year, the head of its Japan business said on Friday. Expanded store and service centre coverage and investment in training over the past two years have helped drive Tesla'...

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Samsung Elec Likely to Report Stupendous Surge in Quarterly Profit to Record Level

Samsung Electronics, benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating profit for January-March - a quarterly record and just shy of what it earned for all of the past business year. Bolstered by what it calls an "unprecedented supercycle" for memor...

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Trump imposes 50% tariffs on steel, aluminum, and copper

U.S. President Donald Trump adjusted his national security tariffs on steel, aluminum and copper imports on Thursday to cut duty rates on derivative products made with the metals, simplify compliance and avoid under-reporting of import values. In a proclamation signed by Trump, the United States will maintain...

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INCOME TAX

Income tax refunds of over 1.3 lakh taxpayers put on hold due to this PAN issue – details here

More than 1.3 lakh taxpayers are currently waiting for their income tax refunds, not because of scrutiny or errors but due to something as basic as an inoperative PAN, Parliament was informed recently by the government. The Finance Ministry informed that refunds worth over Rs 340 crore have been withheld i...

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RBI

RBI crackdown sparks rupee surge

The rupee surged 1.82% on Thursday to close at 93.10 against the dollar—its biggest single-day gain in over 12 years—after the Reserve Bank of India (RBI) cracked down on speculative activity in offshore non-deliverable forward (NDF) markets. The rupee also emerged as the best-performing Asian currency for th...

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Banking

CAG flags tax irregularities by banks, NBFCs

The Comptroller and Auditor General (CAG) flagged widespread irregularities in tax exemptions and deductions claimed by banks and non-banking financial companies (NBFCs), with a potential revenue impact of Rs 74,766 crore, according to a report tabled in Parliament on Thursday. The report, based on a sampl...

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MFIs drive out informal lending, shows study

Informal borrowing among microfinance customers has collapsed to just 1% in FY25 from 46% in 2011, highlighting a shift in India’s credit landscape over the past decade, according to an MFIN–NCAER study released on Thursday. The survey, covering 10,342 borrowers across 10 states and 19 regulated entities, ...

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Credit card spending muted in March

Credit card spending rose 3% year-on-year to Rs 1.54 lakh crore in March, even as month-on-month activity jumped 20%, according to the Reserve Bank of India data. The West Asia crisis has added a layer of uncertainty, contributing to cautious consumer behaviour, said analysts. Despite a tepid growth in val...

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GLOBAL ECONOMY

South Korea March Inflation Undershoots Forecasts but Risks Skewed Higher

South Korea's inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists warned that risks remain tilted to the upside with oil prices surging past $100 a barrel driven by...

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Vietnam's Infrastructure Push to Boost Growth and Deficit, S&P Ratings Says

Vietnam is forecast to remain Asia's fastest-growing nation after India through 2028, supported by exports and infrastructure investments, although heavy public spending may lead to larger fiscal deficits, a senior S&P Ratings off...

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BOJ May Be Overlooking Real Risk From Iran War, Says Ex-Central Bank Official

Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary pressures, former central bank official Nobuyasu Atago said on Thursday. A sle...

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Swiss Inflation Hits One-Year High as Fuel Prices Rise

Swiss inflation rose to its highest level in a year in March, government data showed on Thursday, albeit less than expected, as the country absorbed higher fuel costs triggered by the conflict in the Middle East. Consumer price...

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US Trade Deficit Widens in February as Imports Offset Record Exports

The U.S. trade deficit widened in February as a rebound in imports offset strong growth in exports, which increased to a record high, potentially keeping trade on track to subtract from economic growth in the first quarter. The...

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Japan's Services Growth Slows as Middle East War Dents Confidence, PMI Shows

Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business confidence to its lowest level since the pandemic. He...

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China Services Activity Growth Cools in March, Private PMI Shows

Growth in China's services activity slowed in March from February's 33-month high, as softer demand and a decline in overseas orders weighed on momentum, a private-sector survey showed on Friday. The RatingDog China General Ser...

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US Employment Growth Likely Rebounded in March, War Casting Shadow Over Labor Market

U.S. job growth likely rebounded in March as a strike by healthcare workers ended and temperatures warmed up, but downside risks to the labor market are mounting from the dragging war in the Middle East. The anticipated bounce ...

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UAE Non-Oil Private Sector Growth Slows to Near Four-Year Low in March, PMI Shows

The United Arab Emirates' non-oil private sector activity expanded at its weakest pace in nearly four years in March as the Middle East conflict hit demand and disrupted supply chains, a business survey showed on Friday. The se...

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Russia's Services Sector Contracts for First Time in Six Months, PMI Shows

Russia's services sector contracted in March for the first time in six months as demand softened and new orders broadly stalled, a business survey showed on Friday. The S&P Global Russia Services PMI Business Activity Index fel...

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White House set to release Trump's budget 2027 with major increase in defense spending

The White House is set to release President Donald Trump's 2027 budget Friday, a sweeping blueprint that could boost Pentagon spending to $1.5 trillion, the largest of its kind in decades, as the U.S. focuses on military investmen...

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Oil could hit $140 if Iran tensions escalate, warns Peter McGuire; here's what happens to gold next

Peter McGuire, CEO of Australia-Trading.com, says Trump's Iran ultimatum has rattled energy markets and pushed Asian equities into a sea of red — but the real story is what happens to oil, gold, and silver over the next four to si...

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INDIAN CORPORATE

JLR sales roar back: Jaguar Land Rover posts 61% jump in Q4 as production recovers from cyber setback

Britain's Jaguar Land Rover on Thursday posted a 61.1% surge in fourth-quarter sales as production normalised after a hit from a cyber incident last year. Over the past year, the Range Rover manufacturer has contended with chal...

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Bajaj Auto sales jump 20 per cent to 4,45,377 units in March

Bajaj Auto Ltd on Friday reported a 20 per cent rise in total sales at 4,45,377 units in March as compared to 3,69,823 units in the same month last year. Total domestic sales were at 2,66,290 units last month as against 2,21,47...

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Vedanta unit Hindustan Zinc posts higher production of mined metal, refined metal in Q4; silver output slips

Vedanta group firm HZL has reported an increase in the production of mined metal and refined metal, but a slight decrease in silver production in the fourth quarter of FY26. The company's mined metal production increased by two...

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Vodafone Idea halts subscriber slide in February – 3 key highlights

Good news for Vodafone Idea. According to the latest TRAI data for February 2026, Vi (Vodafone Idea) added 21,927 users, after months of losses. If we compare the data from February 2025 with February 2026, Vodafone Idea’s subscri...

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India Inc’s skilling push hits effectiveness wall

Tech companies are struggling to translate higher training investments into measurable outcomes. While nearly two-thirds of professionals are already enrolled in some form of upskilling program, firms cite instances of increasingl...

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Bharti Airtel crosses 650 million users

Sunil Mittal led Bharti Airtel has crossed the 650-million customer mark globally, fortifying its position as the world’s second-largest telecom operator by mobile subscriber base, as per a regulatory filing by the telecom operato...

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TAFE logs record tractor sales in FY26

Tractors and Farm Equipment Limited (TAFE), India’s second-largest tractor maker, reported its highest-ever annual sales, selling 2,14,951 units in FY26, driven by a strong product portfolio and steady demand across key agricultur...

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Insolvency

Govt notifies adoption of international valuation standards under IBC to boost investor confidence

To revive the global investor confidence in India’s insolvency framework, the Insolvency and Bankruptcy Board of India (IBBI) has notified that the International Valuation Standards (IVS) will be applicable for all the valuations ...

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