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P M Rughani & Co.
Chartered Accountants,

153-154, Upper Part, Ground Floor,
Raghuleela Mega Mall,
Poisar Gymkhana Road,
Kandivali (West) Mumbai - 400067

Ph.+91-22-49723145, Mob. 09820323145
email : piyush.rughani@gmail.com

News & Events

20 May 2026

Auditors raise concerns over proposed expansion of NFRA powers under Companies Act

19 May 2026

GST Portal Enables Offline Utility for Filing Annexure-B in Accumulated ITC Refund Claims

16 May 2026

Maharashtra Lowers ATF VAT Rate from 18% to 7% for Half-Year Period

CBDT Simplifies PAN Compliance Norms for Foreign Portfolio Investors

15 May 2026

Audit Firms Brace for Higher Compliance Costs as India Tightens Regulations

India Considers Tax Relief Measures to Attract Foreign Capital

India’s Forex Reserves Inch Closer to the $700 Billion Milestone

Income Tax Department Activates Online Filing Facility for ITR-1 and ITR-4

14 May 2026

Sensex Surges 790 Points as Telecom and Banking Stocks Lead Rally

RBI Reports ECB Filings Fall to USD 5.43 Billion in March

Delhi High Court Rejects Challenge to Income Tax Exemption for Agriculture Sector

Notification/Circular

12 Jun 2026

CBIC Revises Tariff Values for Edible Oils, Gold, Silver and Areca Nuts under Customs Act

Government Waives Customs Duty on Nuclear Power Generation Goods Imported Between April 2019 and January 2026

Government Extends Validity of Anti-Dumping Duty Till 15 December 2026

Government Extends Countervailing Duty on Subsidized Imports Till 23 March 2027

Central Excise Exemption Notified for High-Ethanol Petrol Blends (E22 to E30)

Central Excise Exemption Notified for High-Ethanol Petrol Blends

11 Jun 2026

Centre Grants Excise Duty Exemption on E22, E25, E27 and E30 Ethanol-Blended Petrol

Government Notifies Central Excise Exemption for Higher Ethanol-Blended Petrol Variants up to E30

RBI Issues Amendment Directions for AIFI Lending to InvITs (2026)

RBI Issues Second Amendment Directions for Small Finance Banks on Lending to InvITs

RBI Introduces New Capital Adequacy Rules for Bank Exposure to REITs

RBI Revises Concentration Risk Framework, Introduces REIT Exposure Ceiling for Banks

RBI Issues Third Amendment Directions on Bank Lending to REITs and InvITs

10 Jun 2026

Withdrawal of old series of banknotes issued prior to 2005: Consolidation of instructions

Withdrawal of ₹2000 Denomination Banknotes from circulation: Consolidation of instructions

ICAI Launches Live Virtual Classes for CA Final Students Appearing in May & November 2027 Exams

09 Jun 2026

RBI Exempts Fresh FCNR(B) Deposits from CRR and SLR Requirements for Regional Rural Banks

RBI Exempts Fresh FCNR(B) Deposits from CRR and SLR Requirements for Rural Co-operative Banks

Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

BI Exempts Fresh FCNR(B) Deposits from CRR and SLR Requirements for Small Finance Banks

RBI Exempts Fresh FCNR(B) Deposits from CRR and SLR Requirements

NOP-INR position of Authorised Dealer Category-I banks

RBI Launches Forex Swap Facility for ECBs and Overseas Borrowings to Boost Foreign Currency Inflows

RBI Introduces Forex Swap Facility for FCNR(B) Deposits

06 Jun 2026

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