Circular No. 12/2025 (Central Board of Direct Taxes): extends the due date for filing Income Tax Returns for Assessment Year 2025–26 under the Income-tax Act, 1961

Circular No. 13/2025 (Central Board of Direct Taxes): provides for waiver of interest under Section 220(2) on delayed tax demand payments in specified cases, by exercising powers under Section 119 of the Income-tax Act, 1961.

The Insolvency and Bankruptcy Board of India celebrated its Fourth Annual Day, highlighting progress and achievements under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India updated the syllabus for the Limited Insolvency Examination effective 1 January 2021, aligning it with provisions of the Insolvency and Bankruptcy Code, 2016.

Circular No. 14/2025 (Central Board of Direct Taxes): extends due dates for filing various audit reports for Financial Year 2024–25 (Assessment Year 2025–26) for auditable assessees under the Income-tax Act, 1961.

Circular No.15/2025 : Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26

The Insolvency and Bankruptcy Board of India celebrated its Fourth Annual Day, marking progress in strengthening insolvency resolution and implementation of the Insolvency and Bankruptcy Code, 2016.

Circular No. 1/2026 (Central Board of Direct Taxes): clarifies authority to condone delay in filing Form 10A for registration under Section 12A, specifying competent approval levels under the Income-tax Act, 1961

Circular No. 2/2026 (Central Board of Direct Taxes): extends the due date for issuing TDS certificates under Section 203 for the quarter ending 31 December 2025, using powers under Section 119 of the Income-tax Act, 1961.

Circular No. 3/2026 (Central Board of Direct Taxes): notifies specified Sovereign Wealth Funds under Schedule V, granting eligible tax exemptions on certain income, subject to conditions under the Income-tax Act, 2025.

Circular No. 4/2026 (Central Board of Indirect Taxes and Customs): mandates Document Identification Number (DIN) on all communications to ensure authenticity, transparency, and traceability; documents without DIN are invalid except in specified exceptional cases.

Santosh Kumar Shukla assumed charge as Executive Director at the Insolvency and Bankruptcy Board of India.

The Insolvency and Bankruptcy Board of India amended CIRP, liquidation, and information utility regulations to enhance transparency, recognise additional default evidence, improve creditor information access, and enable faster asset realisation under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India, with State Bank of India and Indian Banks’ Association, held a workshop to strengthen CoC capacity and promote responsible decision-making under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India organised a workshop on Committee of Creditors, emphasising its role as an institution of public trust under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India organised a workshop on Committee of Creditors, emphasising its role as an institution of public trust under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India conducted a training programme for Indian Economic Service officers, covering insolvency reforms, with top performers awarded for excellence.

The Insolvency and Bankruptcy Board of India revised examination fees for insolvency and valuation exams to ₹1,500 plus GST (₹1,770) per enrolment effective 1 April 2021.

The Insolvency and Bankruptcy Board of India organised a seminar on International Women's Day highlighting women’s leadership and contributions to the insolvency profession under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India released the “Handbook on Ethics for Insolvency Professionals”, outlining ethical standards and regulatory framework to guide professional conduct under the Insolvency and Bankruptcy Code, 2016.