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FOREIGN EXCHANGE MANAGEMENT RULES 2026
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...21 Jul, 2026, 05.40 PM IST- INR exchange rate while filing ITR to report foreign assets: Use this reference rate to convert foreign currency into INR as prescribed under income tax rulesIndian taxpayers must report foreign assets in their Income Tax Returns for AY 2026-27. Foreign currency amounts require conversion to Indi...21 Jul, 2026, 03.48 PM IST
- Institutional investments in India's real estate sector reaches $1.9 billion in Q2 2026Institutional real estate investments in India reached USD 1.9 billion during Q2 2026. Office assets attracted nearly USD 1 billion, domina...21 Jul, 2026, 12.52 PM IST
- Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...21 Jul, 2026, 09.41 AM IST
- India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...20 Jul, 2026, 04.42 PM IST
- 7 big income tax changes for 2026-27 that may reduce penalties for small mistakesNew income tax rules aim to reduce penalties for ordinary citizens. Minor foreign asset non-disclosures will not face prosecution from Octo...20 Jul, 2026, 11.57 AM IST
- Inside the legal campaign that freed Gautam Adani from US prosecutionUS prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of...19 Jul, 2026, 12.20 PM IST
- Income Tax, MSME reforms among 7 key Bills on government's Monsoon Session agendaThe Centre will introduce five new Bills during the Monsoon Session. Key proposals include income tax reforms and increasing Supreme Court ...19 Jul, 2026, 10.26 AM IST
- NDA plans fresh Bill for women's quota, weighs delimitation changes before Monsoon sessionThe NDA government is preparing to reintroduce a women's reservation bill during the upcoming Monsoon session. This legislative push aims t...18 Jul, 2026, 12.25 AM IST
- Engaged with US to minimise difficulties: MEA on new US visa rulesIndia is engaging US authorities regarding new visa rules. These changes will bar foreign students from longer stays. The new regulations e...18 Jul, 2026, 12.04 AM IST
- India's forex reserves rise $964 million to $675.16 billion for week ended July 10India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...17 Jul, 2026, 05.10 PM IST
- Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon sessionParliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupe...16 Jul, 2026, 08.15 PM IST
- Foreign assets in AIS: CBDT sets the stage for Foreign Assets of Small Taxpayers Disclosure SchemeThe CBDT’s decision to upload foreign financial information into taxpayers’ annual information statements may be more than an administrativ...16 Jul, 2026, 11.41 AM IST
- NSE receives approval to launch derivatives on the Nifty India FPI 150 IndexThe National Stock Exchange received approval to launch derivatives on the Nifty India FPI 150 Index. These new contracts will be available...16 Jul, 2026, 11.06 AM IST
- India posts $2 billion current account deficit in May as trade gap widensIndia experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that ...15 Jul, 2026, 07.59 PM IST
- Sebi lets mutual funds use intraday borrowingSebi has issued revised norms for mutual fund intraday borrowing. These new rules will become effective from September 1, 2026. Mutual fund...11 Jul, 2026, 07.46 AM IST
- ET Graphics: Domestic investors overtake foreign funds at Swiggy in a show of home advantageDomestic investors now hold majority stakes in Swiggy, reducing foreign holdings. Several foreign institutional investors have significantl...11 Jul, 2026, 12.02 AM IST
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