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Latest Tax & Legal News

Recent income tax, GST, company law and compliance updates with source references.

RBI & Financial Regulation

RBI Fixes SGB 2018-19 Series II Final Redemption Price at ₹14,425 Per Unit for 23 October 2026

RBI has announced ₹14,425 per unit as the final redemption price for Sovereign Gold Bonds 2018-19 Series II, redeemable on 23 October 2026 after completing eight years. The amount is based on the simple average of published closing prices of 999-purity gold for 19, 21 and 22 October 2026.

Source: Reserve Bank of India · RBI Press Release 2026-2027/1369
RBI & Financial Regulation

RBI Directs Banks and NBFCs to Reflect Three Updated Entries in UN Sanctions Screening

RBI's 19 October 2026 circular asks regulated financial entities to act on amendments to three entries in the UN ISIL and Al-Qaida sanctions list. Banks, NBFCs and other covered institutions must maintain compliance with sanctions-screening and account restrictions under the RBI KYC Directions and UAPA framework.

Source: Reserve Bank of India · RBI/2026-27/296; DoR.AML.REC.250/14.06.001/2026-27