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Latest Tax, GST, ICAI & Regulatory News and Updates

CA Samaaj brings together current tax, accounting and regulatory developments that matter to chartered accountants, finance teams, businesses and taxpayers. Follow changes in Income Tax and GST, ICAI announcements for students and members, RBI banking and payments updates, and SEBI market regulations from one organised news hub. Each story links to its full report, while the topic hubs below make it easier to follow a particular authority or compliance area. Publication dates shown on stories come from the existing News record, so readers can distinguish recent developments from older coverage without artificial freshness signals.

Latest News & Updates

RBI Cancels 5 NBFC CoRs and 8 Surrendered Registrations

RBI Cancels 5 NBFC CoRs and 8 Surrendered Registrations: Why the Two Lists Differ

20th Sep 2026

RBI published two NBFC registration notices on September 17: one cancels five CoRs without stating reasons, while the other cancels eight after surrender and gives four distinct reasons. The cancellation dates and regulatory context are not the same.

RBI

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ICAI Opens Sustainability Reporting Awards 2025-26 Nominations Until November 15

ICAI Opens Sustainability Reporting Awards 2025-26 Nominations Until November 15

20th Sep 2026

ICAI has opened nominations for its 5th Sustainability Reporting Awards through November 15, with four award tracks, a turnover-based sector rule, four mandatory documents and no participation fee.

ICAI

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SEBI Settles Mirae Asset AIF Case for ₹12.75 Lakh After 38.35% Single-Company Exposure

SEBI Settles Mirae Asset AIF Case for ₹12.75 Lakh After 38.35% Single-Company Exposure

20th Sep 2026

SEBI's September 16 settlement order records a ₹12.75 lakh settlement after prima facie findings that a Mirae Asset Category II AIF scheme's single-company exposure reached 38.35% of investable funds against a 25% limit.

SEBI

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SEBI impounds ₹28.12 crore in Prrsaar–Chaubara case over alleged cross-segment F&O manipulation

SEBI impounds ₹28.12 crore in Prrsaar–Chaubara case over alleged cross-segment F&O manipulation

20th Sep 2026

SEBI’s September 16 interim order impounds about ₹28.12 crore in alleged gains in the Prrsaar–Chaubara derivatives case. The key distinction is how losses in stock futures were allegedly used to create larger benefits in stock options, while the findings remain prima facie and the investigation continues.

SEBI

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RBI Fines Azamgarh Co-op Bank ₹1.15 Lakh for CIC Reporting and CKYCR Delays

RBI Fines Jilla Sahakari Bank, Azamgarh ₹1.15 Lakh Over CIC Reporting and CKYCR Delays

17th Sep 2026

RBI fined Jilla Sahakari Bank, Azamgarh ₹1.15 lakh over CIC reporting and CKYCR delays, with similar control findings appearing in recent co-operative-bank actions.

RBI

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IBBI Proposes Stronger Personal-Guarantor Insolvency Safeguards; Comments Due October 3

IBBI Proposes Stronger Personal-Guarantor Insolvency Safeguards; Comments Due October 3

14th Sep 2026

IBBI's personal-guarantor consultation closes October 3, 2026. It proposes voting and information safeguards; the creditor-approval wording deserves clarification.

Corporate Law

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RBI Aligns Local Area Bank CRR-SLR Rules with Scheduled-Bank Framework After Second Schedule Inclusion

RBI Aligns Local Area Bank CRR-SLR Rules with Scheduled-Bank Framework After Second Schedule Inclusion

14th Sep 2026

RBI's September 11 amendment aligns scheduled LAB reserve rules. Treasury teams must check both the daily CRR floor and fortnightly average.

RBI

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Delhi HC Directs Biometric Aadhaar Authentication for Every GST Registration; Nationwide Interim Order to Be Revisited September 22

Delhi HC Directs Biometric Aadhaar Authentication for Every GST Registration; Nationwide Interim Order to Be Revisited September 22

14th Sep 2026

Delhi High Court has issued a nationwide interim direction that GST registrations should not be allowed without biometric Aadhaar authentication, with the matter listed again for September 22.

GST

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Punjab & Haryana High Court Strikes Down Section 147A; Faceless Section 148 Process Prevails in Jyoti Sareen Batch

Punjab & Haryana High Court Strikes Down Section 147A; Faceless Section 148 Process Prevails in Jyoti Sareen Batch

14th Sep 2026

The Punjab and Haryana High Court has struck down retrospective Section 147A and quashed Section 148 notices not issued through randomised faceless allocation under Section 151A and the March 29, 2022 scheme.

Income Tax

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ICAI to Release LeaseComply ProMax on September 13 for Ind AS 116 Lease Accounting

ICAI to Release LeaseComply ProMax on September 13 for Ind AS 116 Lease Accounting

13th Sep 2026

ICAI's Members in Practice Committee is scheduled to release LeaseComply ProMax on September 13, with practical and Q&A sessions on September 16 and 18 for members.

ICAI

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