Search: RELIEF
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September 2026
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Foreign TradeRELIEF Component II window for exporters extended to 31 March 2027
31 March 2027ExtendedThe eligibility and validity criteria under Component II of the RELIEF intervention now run up to 31 March 2027, for shipments meant for delivery or transshipment under the intervention.
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Foreign TradeRELIEF Component II timelines extended up to 31 March 2027 for exporters hit by West Asia disruption: DGFT Notification No. 37/2026-27
RELIEF till 31 March 2027ExtendedDGFT has extended the eligibility and validity criteria under Component II of the RELIEF intervention (Resilience & Logistics Intervention for Export Facilitation) up to 31 March 2027, for shipments meant for delivery or transshipment under the intervention. Component II is about ECGC cover for shipments to the specified regions.
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FEMA & RBIRBI cuts short the FCNR(B)/NRE deposit relief window to 31 August 2026: CRR-SLR exemption, interest-rate relaxation and priority-sector carve-out all end a month early
FCNR(B)/NRE window: 31 AugRule changeThe temporary reliefs on fresh FCNR(B) deposits of three to five years and NRE term deposits of three years or more were to run until 30 September 2026. On 25 August 2026 RBI moved the end date to 31 August 2026 for the CRR/SLR exemption and the interest-rate relaxation. On 11 September 2026 the priority-sector (ANBC) exclusion was aligned to the same date.
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FEMA & RBINatural-calamity relief: banks, NBFCs and AIFIs to file a half-yearly return on RBI’s CIMS portal within 30 days; monthly return for commercial banks discontinued
Half-yearly return on CIMSRule changeRBI has asked all regulated entities to report relief measures extended in areas affected by natural calamities through a half-yearly return on the CIMS portal. The return is due within 30 days of each half-year — by 30 October for the half-year ending 30 September and by 30 April for the half-year ending 31 March. The earlier monthly return for Scheduled Commercial Banks stands discontinued from 1 July 2026.
August 2026
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Income TaxCBDT FAQs on the Taxation and Other Laws (Amendment) Bill, 2026: electronics contract-manufacturing exemption to 2040-41, data centre conditions eased, new exemptions for rough diamonds
Six changes to the IT Act, 2025ClarifiedCBDT’s FAQs explain six proposals of the Taxation and Other Laws (Amendment) Bill, 2026 on the Income-tax Act, 2025: a ten-year extension of the exemption for foreign companies supplying capital goods to electronics contract manufacturers, easier data centre conditions, two new exemptions, dividend relief for unit holders of business trusts and five conditions instead of thirteen for offshore funds.
March 2026
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Income TaxTax residency certificate: apply in Form No. 42, certificate issued in Form No. 43 under rule 75 of the Income-tax Rules, 2026
Form 42 → Form 43Rule changeRule 75 of the Income-tax Rules, 2026 sets the forms for double taxation relief: a resident applies to the Assessing Officer for a certificate of residence in Form No. 42 and receives it in Form No. 43; a non-resident gives the other information for treaty relief in Form No. 41.
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