This month’s edition highlights significant developments across India’s financial and economic ecosystem. The Bankers’ Books Evidence Bill, 2026 has been introduced to replace the Bankers’ Books Evidence Act, 1891, with a modern framework recognising electronic records and digital banking systems. The RBI also plans to resume Urban Co-operative Bank licensing after 22 years, review rural cooperative bank credit-monitoring norms and standardise lending-rate frameworks. The RBI has retained the policy repo rate and raised its FY 2026-27 GDP growth forecast to 6.7%.
For businesses working against August deadlines, the issue closes with the full tax compliance calendar covering GST returns, TDS deposits, and the ITR-3/ITR-4 due date for the month. Read the full edition below, curated by Dev Mantra Financial Services in partnership with N. Tatia & Associates.
DEV MANTRA SERVICES
Finance and compliance outsourcing - GST, direct tax, and the Income-tax Act, 2025 transition managed end-to-end.
Corporate governance advisory - keeping board structures and disclosures ahead of this month's SEBI, IFSCA, and MCA updates.
