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By CA, Rishubh Talrejaa | 09-06-2026 11:00:00
In this connection, please refer to the Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on January 22, 2026). It has been decided that fresh FCNR (B) deposits of minimum tenor of three years and maximum tenor of five years mobilized (including deposits that are renewed upon maturity) by the banks from the date of this Amendment Directions till September 30, 2026 will be exempted from maintenance of CRR and SLR. Read More
By CA. Priya Tanvi | 08-06-2026 15:10:00
The s.no. (xxxi) “Assessment and evaluation of Social Impact, CSR Impact, Business Responsibility and Sustainability Reporting, and the like” of Management Consultancy and other services issued under Section 2(2)(iv) of the Chartered Accountants Act, 1949 in Code of Ethics, Volume-I is effective from December 11, 2025. Read More
By CA. Shivesh Khandelwaal | 08-06-2026 12:40:00
In exercise of the powers conferred by section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following amendment in the Foreign Exchange Management (Cross Border Merger) Regulations, 2018 (Notification No. FEMA.389/2018-RB dated March 20, 2018) Read More
By CA, Rishubh Talrejaa | 05-06-2026 15:00:00
At present, investments by Foreign Portfolio Investors (FPIs) in Government Securities through the General Route are subject to (i) short-term investment limit, (ii) security-wise limit, and (iii) concentration limit. On a review, and with a view to providing greater ease of investment to FPIs, it has been decided to withdraw the requirement for FPIs to comply with the above three limits, for their investments in Government securities under the General Route. Read More
By CA. Pankaj Bhadoria | 03-06-2026 11:00:00
The rules and regulations applicable to Relief/Savings Bonds have been updated with instructions issued up to June 30, 2018 in the Master Directions on Relief/Savings Bonds. The directions facilitate availability of all the current operative instructions on the above subject at one place and will be updated suitably and simultaneously whenever there is a change in the rules/regulations or there is a change in the policy. Read More
By CA, Harshit Gaurwaadi | 02-06-2026 12:20:00
Today, the Reserve Bank released the web publication ‘Annual Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks – March 2026’1 on its ‘Database on Indian Economy’ (DBIE) portal2 (https://data.rbi.org.in Homepage > Publications). The publication provides information on various characteristics of outstanding bank credit in India, based on data submitted by SCBs {including Regional Rural Banks (RRBs)} under the annual ‘Basic Statistical Return (BSR) – 1’ system Read More
By CA. Shivesh Khandelwaal | 02-06-2026 11:00:00
The Income Tax Return (ITR) filing season for FY 2025-26 has officially started, and many salaried taxpayers are already preparing to submit their returns as early as possible. While filing early is generally considered a smart financial habit, tax experts in 2026 are advising salaried employees to avoid rushing their returns before mid-June. Over the last few years, frequent updates in Form 26AS, AIS, TDS entries, and employer corrections have created problems for taxpayers who filed too quickl Read More
By CA. Vishal Mehta | 01-06-2026 11:00:00
Today, the Reserve Bank released1 the web publication ‘Annual Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial Banks2 – March 20263’ on its ‘Database on Indian Economy’ portal4 (https://data.rbi.org.in Homepage > Publications). Read More
By CA. Ankit Vardiya | 29-05-2026 14:30:00
The Reserve Bank had issued Reserve Bank of India (Rural Co-operative Banks - Governance) Directions, 2025 on November 28, 2025. Chapter-II of these directions contain provisions regarding the Constitution of Board. Read More
By CA. Lakshy Vermaa | 28-05-2026 11:50:00
The Reserve Bank of India carries out the general banking business of the Central and State Governments through its own offices and through the offices of the agency banks appointed under Section 45 of the RBI Act, 1934, by mutual agreement. RBI pays agency commission to the agency banks for the government business handled by them. This Master Circular consolidates the instructions contained in the circulars listed in Annex 1. Read More
By CA. Arvindh Khetwaani | 27-05-2026 16:20:00
Experience: 15 - 24 years, Salary: 75 Lacs-1.5 Cr P.A., Role: Chief Financial Officer (CFO) Read More
By CA, Rishubh Talrejaa | 27-05-2026 11:00:00
The Reserve Bank had, on January 8, 2026, issued Draft Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026 and Draft Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026, seeking feedback from stakeholders. Read More
By CA. Rohin Mehtaal | 26-05-2026 11:10:00
Quantum Technology represents a paradigm shift compared with traditional systems as it leverages the principles of quantum mechanics, such as superposition and entanglement. This enables quantum systems to address complex financial problems such as portfolio optimisation, risk assessment, macroeconomic modelling, etc. However, quantum technologies can also introduce significant risks, particularly the potential to undermine certain existing cryptographic standards. Read More
By CA. Mayankh Singhaal | 21-05-2026 13:40:00
Place: Angul CPE Study Chapter of EIRC of ICAI Date: 21-05-2026 – To: 21-05-2026 CPE. Hrs.: 6 Read More
By CA. Shivesh Khandelwaal | 21-05-2026 11:00:00
In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank of India had issued the draft Amendment Directions on 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents' for public comments on February 12, 2026. Read More
By CA. Priya Tanvi | 20-05-2026 11:00:00
Upon a review and to ensure greater consistency with the Basel Pillar 3 disclosure requirements, the Reserve Bank of India has today released the following draft Amendment Directions on Pillar 3 disclosure requirements: Read More
By CA, Rishubh Talrejaa | 19-05-2026 12:40:00
Place: BENGALURU BRANCH OF SIRC Date: 22-05-2026 – To: 22-05-2026 CPE. Hrs.: 6 Read More
By CA. T.R Venkat | 19-05-2026 10:35:00
First of all, let me quote Alan Greenspan, former Chair of the Federal Reserve who said that “uncertainty is not just an important feature of the monetary policy landscape; it is the defining characteristic of that landscape”. In other words, uncertainty is the only certainty in monetary policy. Read More
By CA. Rohin Mehtaal | 18-05-2026 15:30:00
The Income Tax Return filing season for Assessment Year 2026-27 has officially started with the activation of the Excel utilities for ITR-1 and ITR-4 forms. In recent months, taxpayers across India have been waiting for smoother and faster return filing after multiple compliance updates, AIS mismatches, stricter verification systems, and growing digital checks by the Income Tax Department. Read More
By CA. Ankit Vardiya | 18-05-2026 14:45:00
Place: Auditing and Assurance Standards Board Date: 19-06-2026 – To: 20-06-2026 CPE. Hrs.: 12 Read More
By CA. Shivesh Khandelwaal | 18-05-2026 10:25:00
The Reserve Bank of India carries out the general banking business of the Central and State Governments through its own offices and through the offices of the agency banks appointed under Section 45 of the RBI Act, 1934, by mutual agreement. RBI pays agency commission to the agency banks for the government business handled by them. Read More
By CA, Rishubh Talrejaa | 15-05-2026 14:30:00
Experience: 15 - 24 years, Salary: 40 Lacs-1 Cr P.A., Role: Head - Finance & Accounts Read More
By CA. T.R Venkat | 15-05-2026 13:30:00
Place: Australia (Melbourne) Chapter of the Institute of Chartered Accountants Of India Date: 16-05-2026 – To: 16-05-2026 CPE. Hrs.: 6 Read More
By CA. Anand Tirpathi | 15-05-2026 12:15:00
The Reserve Bank had issued the Reserve Bank of India (Payments Banks – Prudential Norms on Capital Adequacy) Directions, 2025 (hereinafter referred as the 'Master Direction'), on November 28, 2025, as amended from time to time. Based on a review, it is proposed to amend the provision relating to inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital by a Payments Bank. Read More
By CA. Darshit Malhotraa | 15-05-2026 12:10:00
Attention of Authorised Persons is invited to Master Direction - Miscellaneous (Master Direction No. 19/2015-16 dated January 1, 2016), as amended from time to time. Read More
By CA, Rishubh Talrejaa | 14-05-2026 15:12:00
India’s tax and compliance ecosystem is changing rapidly, and businesses are now moving toward stricter digital record management. A major compliance update has emerged through Income Tax Rule 46(8), which introduces a significant requirement related to digital bookkeeping and record preservation. As businesses increasingly rely on accounting software, cloud systems, ERP platforms, and digital records, authorities are emphasizing secure and accessible data maintenance practices. Read More
By CA. Praneet Bansaal | 14-05-2026 13:00:00
Experience: 8 - 13 years, Salary: 60-80 Lacs P.A., Role: Finance & Accounting - Other Read More
By CA. Ankit Vardiya | 14-05-2026 10:44:00
Place: Australia (Melbourne) Chapter of the Institute of Chartered Accountants Of India Date: 16-05-2026 – To: 16-05-2026 CPE. Hrs.: 6 Read More
By CA. Ankit Vardiya | 13-05-2026 14:55:00
Place: Odhav Bapunagar CPE Study Circle of Ahmedabad Branch of WIRC OF ICAI Date: 30-05-2026 – To: 30-05-2026 CPE. Hrs.: 3 Read More
By CA. Shivesh Khandelwaal | 13-05-2026 11:50:00
It is my pleasure to be here at the Columbia Indian Economy Summit, 2026. I would like to thank Prof. Arvind Panagariya for his kind invitation to me to speak on issues related to India’s growth trajectory, both at the national and at the states’ level. Read More
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