EDF for Service Exporters: RBI’s New Compliance Requirement from October 2026
Introduction The EDF for service exporters is now a mandatory compliance requirement in India. The Reserve Bank of India has notified FEMA 23(R)/2026-RB, effective 1 October 2026. As a result, every Indian business or professional that raises invoices on foreign clients must now file an Export Declaration Form (EDF) with their bank each month. This […]
57th GST Council: Key Recommendations & Business Impact
57th GST Council Meeting: What Businesses Should Prepare For GST affects more than tax returns. It affects working capital, business costs and the time teams spend on compliance. The 57th GST Council meeting, held in New Delhi on 8 October 2026, recommended reforms across these areas. The package covers refunds, input tax credit, registration, return […]