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News & Events
04/04/2026
Delhi High Court seeks CBDT clarity on taxability of partner remuneration, stays notices
CAG Exposes ₹74,766 Crore Tax Irregularities in Banks & NBFCs
03/04/2026
RBI to Roll Out Benchmark Issuance Strategy to Boost SDL Market Transparency
Emirates NBD Gets RBI Nod for Majority Stake in RBL Bank
CAG Audit Exposes ₹100+ Crore Discrepancies in Jammu & Kashmir Finances
New ITR Forms Announced with Key Changes for Taxpayers
New Income Tax Act 2025: Key Changes and Benefits for Individuals
Filing Appeals on GST Portal for NIL Demand Orders
02/04/2026
GST Collections Rise Sharply in March, FY26 Up 8.3%
Income Tax Updates 2026: New Rules for HRA, Property Deals & Home Loan Benefits
Big Financial Changes from Tomorrow: New Income Tax Law & Key Updates Roll Out
RBI Acts Tough on Forex Markets to Boost Rupee Stability
Rupee Surges 1.6% to 93.14 After RBI’s Strategic Intervention
Haryana Leads Nation in SGST Growth with Remarkable 21.5% Surge in FY26
FY26 Indirect Tax Revenue Slightly Exceeds Government Targets
GST Revenue Collection Snapshot – March 2026 (Gross & Net)
01/04/2026
CBDT Makes DIN Mandatory for All Tax Communications from 2026
ICAI Announcement on Applicability of Guidance Notes for NCEs & LLPs from FY 2025–26 (31-03-2026)
Panel for Addressing Bank Branch Statutory Audit Queries for FY 2025-26
CBDT notifies ITR forms for AY 2026-27: Taxpayers can file income tax returns
31/03/2026
RBI Defers Capital Market Exposure Norms to July 1, Offers Relief with Key Clarifications
SEBI Cracks Down on Elitecon, Flags Irregularities; ₹51 Cr Gains Impounded
CBDT Issues Key Clarification on TDS for Bank Interest Ahead of Income Tax Act 2025 Rollout
 
Notification/Circulars
03/04/2026
India–Japan MoU on Tax Collection Assistance Notified; Effective from July 8, 2025
CBIC Amends Customs Valuation Notification under Section 14
02/04/2026
Memorandum of Instructions governing money changing activities – Location of Forex Counters in International Airports in India
PAN Correction Filing Rules Introduced under Income-tax Act, 2025
13/2026-Customs-Seeks to exempt AIDC on certain commodities
12/2026-Customs-Seeks to exempt BCD on certain commodities
Assessment Rules for SEZ Goods Cleared to DTA
Customs Notification 34/2026: Key Changes in Courier Regulations
Risk Management and Inter-Bank Dealings (Revised)
Master Direction – Facility for Exchange of Notes and Coins
Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring
Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances
Overseas Investment – Submission of References to the Reserve Bank
01/04/2026
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to Foreign Exchange Management (Guarantees) Regulations, 2026
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 01 Entry
Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility
Reserve Bank of India (Trade Relief Measures) Directions, 2026
Income Tax Circular - Referencing by Document Identification Number (DIN)
31/03/2026
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)
Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026 (Revised)
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
28/03/2026
NOP-INR position of Authorised Dealers
Master Direction - Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries
CBIC Clarifies No Expiry for Self-Sealing Approval
Customs Allows Transhipment from All Ports & Airports
Customs Duty Exemption on Aviation Turbine Fuel – March 2026

Our Profile

J.S.Ahluwalia & Co. is a professionally managed leading chartered Accountancy firm managed by CA Jagtar Singh Ahluwalia M.com, F.C.A, rendering comperhensive professional services which include field of Accounts, Accounting Services,Audits, Taxation,Income Tax and GST litigation matters, Tax Consultancy , Manpower Management ,Investment, RBI matters,Legal & Secretarial Services ,Business Processing ,Project Financing and other related fields etc. Ours is an established firm of Chartered Accountants and member of the Institute of Chartered Accountants of India (ICAI).


We believe to stay ahead in the changing economy to provide our clients with the most consistent and prompt quality services such as Auditing , Income Tax Consultancy , GST Consultancy , Accounting Services ,Business process & other accounting services.
 
The team consists of distinguished chartered accountants, corporate financial advisors and tax consultants. The firm represents a combination of specialized skills, which are geared to offers sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.
Our Customer Philosophy

Defining Posterity:  all future generations
Regardless of your current situation we are here to empower your future. It is important to think about your future and legacy. The future encompasses many aspects such as saving for retirement, buying a house, saving for a child’s education, saving for a vacation home, reducing your tax liability, and passing on your estate in a tax efficient manner. Almost every decision we make or action we take today, not only has an impact on us financially and emotionally, but can impact the lives of our stakeholders (children, parents, friends, clients, and partners).
Individuals
OUR  Firm improves the lives of individuals by empowering them with financial knowledge and implementing financial strategies. Building a solid financial foundation requires saving today for a better tomorrow: We helps create generational wealth.

Businesses
Successful businesses play a vital role in INDIAN’s economy.We advocate for helping businesses increase profits and achieving operation excellence. We understand that successful businesses create prosperity by creating jobs, supporting shareholders, and giving back to the community AND our firm was established to aid businesses in becoming prosperous and successful.
                                                                                                                                        
An Agent for Change
So many businesses were not able to realize their full potential because they lacked financial knowledge, had inadequate financial resources, or were impoverished. Sardar Ahluwalia ji passion to change this dynamic led him to start The J S AHLUWALIA & CO Firm.
OUR Firm to make a difference in the lives of individuals and businesses by bridging the gap between tax and financial planning. Our Firm is focused on the long term financial well-being and success of its clients. J.S.Ahluwalia contends that those who build a solid financial foundation can realize their dreams—starting a company, sending a child to college, creating more jobs, and helping others.
 
Track Record for Results
After Graduate college,I worked for Chartered Accountants firm in Punjab,Now,I am statutory  auditor in Non-Profit,Manufacturing Industries and Financial Services Industry etc. We are expert with technical accounting, financial statement analysis, budgeting, taxes, financial analysis, audits, reviews, and internal controls, to name a few areas of expertise. I has a proven track record for adding value, increasing profits, reducing cost, and improving operational efficiencies.
J S Ahluwalia not only has the experience of working with multi-billion rupees corporations, but with families and individuals as well. He has helped transform the lives of families and individuals by implementing tax saving strategies and providing financial advice. J S Ahluwalia is passionate about his clients’ success and is committed to making a difference.