April 05, 2026

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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.

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)

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INDIAN ECONOMY

India toll revenue hits record Rs 82,900 crore, up 14% in FY26

Toll collections grew 14% to a record Rs 82,900.16 crore in the just-ended fiscal year, underscoring addition of new toll roads, accelerated economic activity, and roll out of the new annual FASTag facility. Tolls worth Rs 72,930.83 crore were collected in FY25. The volume of FASTag transactions rose 5.7% ...

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EU-India FTA may boost India's competitiveness in some sectors, says EY report on European economic outlook

Europe's economic outlook remains fragile amid global trade tensions and geopolitical risks, which could have ripple effects on India's trade and sectoral competitiveness, according to a new report by EY The EY European Economic Outlook (March 2026) notes that trade policy changes, tariffs, and geopolitica...

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2025-26 goods exports grew despite multiple challenges

Despite challenges of US tariffs, ongoing conflict in Ukraine and tensions in West Asia, India’s merchandise exports have closed 2025-26 on a positive note exhibiting growth over previous year, a senior official said Friday. “Despite the war, we will be closing the year with positive growth. With the US t...

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China seeks to leverage trade with India for impact

China on Friday said it stands ready to work with India to fully leverage the role of bilateral economic and trade cooperation as a “ballast” while the Indian side is also looking at making the bilateral trade more balanced. In a social media post regarding the meeting between Commerce and Industry Ministe...

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China, India signal shift in trade ties

Trade and economic relations between India and its largest trading partner, China, seem poised to enter a new phase where both sides acknowledge a desire for strategic alignment and mutual ambition. China on Friday said it stands ready to work with India to fully leverage the role of bilateral economic and tr...

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MARKET & FINANCE

Forex reserves drop by $10.29 billion to $688.06 billion as of March 27

India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion. The kitty had expanded to an all-tim...

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India bonds fall before first FY27 debt sale as war keeps oil high

Indian government bonds fell on the fiscal year's first trading day, pushing the 10-year yield toward a twelfth straight rise as oil climbed after President Donald Trump said attacks on Iran would continue, with traders cautious ahead of a debt sale. Trump said that Washington would continue to hit targets...

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FPI exodus puts Sensex in bear territory in dollar terms

The benchmark Sensex has declined 23% in dollar terms, as reflected by the BSE Dollex 30 index, which fell from its record high of 8,418.89 on September 26, 2024, to 6,482.11 on April 2, 2026. In comparison, in rupee terms, the Sensex has dropped 14.58% during the same period, from its all-time high of 85,736...

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GLOBAL CORPORATE

US Targets Chinese Chipmaking With Proposed Export Restrictions on ASML and Others

A cross-party group of U.S. politicians have proposed a law to impose further restrictions on exports of computer chipmaking equipment to China, affecting companies such as ASML and China's top chipmakers. The draft MATCH Act announced late on Thursday is aimed at protecting the U.S. lead in artificial int...

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Trump Administration Proposes Expanding Chinese Tech Gear Crackdown

The Federal Communications Commission on Friday proposed to ban the import of Chinese equipment from a group of manufacturers after previously barring approvals of new models in 2022, the latest move by Washington to crack down on Chinese-made electronic gear. The FCC had in 2021 added telecommunications a...

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Israel, Iran war: Five EU finance ministers call for windfall profit tax on energy companies

European Union finance ministers are calling for a tax on windfall profits of energy companies in reaction to rising fuel prices due to the Iran war, according to a letter from the ministers to the EU Commission seen by Reuters on Saturday. The finance ministers of Germany, Italy, Spain, Portugal and Austr...

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INCOME TAX

March vs April salary 2026: Which Income Tax law applies to your paycheck this month?

The Income Tax Department has clarified that taxation depends on the date of payment, not when the salary is earned. Salary paid by March 31, 2026, will fall under the Income-tax Act, 1961, while payments from April 1, 2026, will be taxed under the new Income Tax Act, 2025, as TDS applies at the time of payme...

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Income tax portal revamp: 7 key links every taxpayer must check now

The nation's income tax system has undergone significant changes with the introduction of new forms under the Income Tax Rules, 2026. In addition, the launch of an integrated payment module on the e-Filing portal has added immense value to tax filers. With the old Income Tax Act, 1961, officially repealed fro...

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Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recovery

India's apex authority has been told by the court to step in amid a flurry of orders across the country demanding tax on bonuses and performance-driven remunerations received by partners of large tax, audit, consultancy and other professional partnership firms, including some belonging to Big 4 members. Th...

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RBI

From collateral to credit: How RBI’s revised gold loan rules are changing the lending game

Lenders offering gold loans are bracing for margin pressure as tighter underwriting and documentation norms under Reserve Bank of India’s (RBI) revised gold loan framework are expected to raise compliance costs. According to industry experts, some lenders could also see a sharp slowdown in growth due to op...

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GLOBAL ECONOMY

Pakistan to repay $2 billion loan to UAE amid Middle East tensions

Pakistan will repay a $2 billion loan to the United Arab Emirates (UAE) by the end of this month, a media report said on Friday. “The UAE recently asked for the immediate return of the funds in the wake of the recent situation ...

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Italy's Central Bank Cuts Growth Forecasts, Lifts Inflation Estimates in Blow to PM Meloni

The Italian economy will grow by 0.6% this year and 0.5% in 2027, the country's central bank said in a report on Friday, cutting its previous estimates while also hiking forecasts for the inflation rate. The Bank of Italy's new...

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Highs and Lows From the US Jobs Report

U.S. employment growth snapped back in March after a hefty decline in February, and the jobless rate declined unexpectedly to 4.3%, but economists found the headline highlights were countered by a number of less-than-glowing detai...

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Vietnam Q1 Growth Slows as Costlier Middle East Energy Tests 2026 Target

Vietnam's economy slowed in the first quarter from the three months prior, data showed on Saturday, as heavy exposure to Middle Eastern oil imports boosted inflation, presenting a challenge in reaching an annual growth target, aut...

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IMF Urges BOJ to Keep Raising Rates Even as Iran War Poses New Risks

The International Monetary Fund urged the Bank of Japan to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid market expectation...

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Global Economy: Factory input costs soar worldwide as Iran war snarls up supply chains

Factories across the world faced soaring input costs and supply chain disruptions in March due to the Iran war as underlying tepid demand threatened to undermine the manufacturing sector's fragile recovery, surveys showed. The ...

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‘Zero net job creation in private sector’: Jerome Powell’s warning goes viral as US job growth accelerates, unemployment falls

US job growth rebounded sharply in March — as a strike by healthcare workers ended and temperatures warmed up — with nonfarm payrolls increasing by 178,000 and the unemployment rate falling to 4.3%. But the underlying data reveals...

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INDIAN CORPORATE

Adani sets 1 bn tonnes cargo target by 2030 as APSEZ crosses 500 mn tonnes milestone

Billionaire Gautam Adani on Friday said his conglomerate's port arm is targeting cargo volumes of 1 billion tonnes by 2030, after the company surpassed 500 million tonnes milestone, underscoring the rapid scale-up of India's large...

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Vedanta aluminium, zinc production increases; output iron ore, steel, oil & gas down in Jan-Mar

Mining major Vedanta Ltd on Friday reported a mixed performance for the last quarter of 2025-26, as its production of aluminium and zinc rose while output of iron ore, steel, and oil & gas declined. The company's total aluminiu...

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NBCC targets Rs 18,000 crore revenue in FY27: MD

NBCC (India) Ltd is targeting revenue of Rs 18,000 crore this financial year, with a focus on multiple real estate projects in south Delhi and redevelopment projects across the country, KP Mahadevaswamy, chairman and managing dire...

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PNB Q4 Update: Advances surge 12.9%, Global business hits Rs 29.7 lakh crore

Punjab National Bank (PNB) reported over 10% year-on-year (YoY) increase in its global as well as domestic business. The PSU bank in its business update ahead of Q4FY26 said in the release that its deposits also grew over 9% Y...

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Dabur sees mid-single digit Q4 growth

FMCG major Dabur India expects consolidated revenue to grow in mid-single digits in the January-March quarter, supported by a sequential recovery in the domestic market and with some overseas markets posting double-digit growth, t...

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GST

Difficulty in filing appeals on the GST portal in cases where adjudication orders reflect "NIL" demand due to prior voluntary payment – reg.

1. Introduction It has come to the notice of GSTN that certain taxpayers are facing difficulties in filing appeals on the GST portal against demand orders wherein the demand amount is reflected as "NIL," despite the existence of a dispute regarding tax liability. This situation generally arises in cases w...

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