Search: SFT
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September 2026
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Income TaxDepositories and mutual fund RTAs to report capital-gains data to the Income Tax Department every half year: SFT-2517 and SFT-2518 formats notified
By 31 October and 30 AprilNew facilityThe Directorate of Income Tax (Systems) has notified the format and procedure for two statements of financial transactions under section 508(1) of the Income-tax Act, 2025: SFT-2517 for depositories and SFT-2518 for registrars and share transfer agents of mutual funds. The data, used to pre-fill capital gains in the return, is due half-yearly — by 31 October and 30 April — and must also be given to the account holder.
August 2026
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FEMA & RBIRBI draft proposes to rewrite banks’ leverage ratio chapter on the Basel 2017 standard from 1 April 2027; text puts the minimum at 4% for D-SIBs and 3.5% for other banks
Leverage ratio: draft rewriteComments invitedRBI released a draft on 7 August 2026 to amend Chapter VII (Leverage Ratio framework) of its capital adequacy Directions for commercial banks, to align with the Basel Committee’s ‘Leverage Ratio 2017 Standard’. The draft sets out how the exposure measure is to be built from on-balance sheet, derivative, SFT and off-balance sheet exposures, and proposes 1 April 2027 as the date of effect. Comments were invited till 28 August 2026; the window has closed.
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