/ News · Roundup · Updated 1 November 2026

India Tax, NRI and Cross-Border News: November 2026, what changed and what to do.

The tax and regulatory changes this month that matter to NRIs, Indian founders and foreign companies with Indian operations, each with the action to take. Compiled by CA Durgesh Chavda, Bharat Quantum Prospera and updated through the month.

Get a firm quote → WhatsApp instead

Written by CA Durgesh Chavda

Chartered Accountant (ICAI) · Founder, Bharat Quantum Prospera · NRI taxation, US incorporation, transaction due diligence, forensic audit, AEO, cross-border tax · LinkedIn

/ This month's changes

Newest first.

1 Nov 2026: GST: post-supply discounts, faster inverted-duty refunds, no INR 1,000 export refund floor
Notification 03/2026-Central Tax (26 October 2026) brings Sections 153 to 155 of the Finance Act, 2026 into force from today. Discounts given after a supply can be adjusted through a credit note (Sections 15(3)(b) and 34(1)), 90% of inverted-duty refund claims can be paid provisionally (Section 54(6)), and the INR 1,000 minimum no longer applies to refunds on goods exported with payment of tax. Read more · Source: TaxGuru

/ Deadlines this month and next

Put these in the calendar.

4 November 2026: comments to SEBI on the SME IPO consultation paper.
15 November 2026: TDS certificates (Form 131) for July-September 2026.
21 November 2026: ITR for audit cases, AY 2026-27.
29 November 2026: MGT-7/MGT-7A annual return (additional fee waived until 31 January 2027).
30 November 2026: ITR for transfer pricing cases; last date to claim FY 2025-26 GST input tax credit; pensioners' life certificates.
15 December 2026: third advance tax instalment.
31 December 2026: belated and revised ITRs for FY 2025-26; FAST-DS foreign asset declarations.

Full list: November 2026 compliance calendar. Last month: October 2026 roundup.

Last updated: 1 November 2026.

/ Already in force

Changes from earlier in 2026 that still catch people out.

Income-tax Act, 2025 section numbers and new form numbers (15CA is now Form 145).
No TAN needed to buy property from an NRI from 1 October 2026.
FEMA export rules: nine months to realise export proceeds.
Press Note 2 (2026) on investment with China or other land-border links.

/ Ready when you are

Not sure which change affects you?

Email durgesh@bharatquantumprospera.com or WhatsApp +91 78018 87130. Fixed-scope quote within 48 hours.

Get a firm quote → WhatsApp Durgesh

FAQ

Common questions, answered.

What GST changes apply from 1 November 2026?

Sections 153 to 155 of the Finance Act, 2026, notified by Notification 03/2026-Central Tax: post-supply discounts through credit notes, 90% provisional refunds for inverted duty structure claims, and removal of the INR 1,000 minimum for refunds on goods exported with payment of tax.

What are the key tax deadlines in November 2026?

15 November for TDS certificates, 21 November for audit-case ITRs, 29 November for MGT-7, and 30 November for transfer pricing ITRs, the FY 2025-26 GST input tax credit cut-off and pensioners' life certificates.

Who can help me act on these changes?

CA Durgesh Chavda, Bharat Quantum Prospera advises NRIs, Indian founders and foreign companies. Email durgesh@bharatquantumprospera.com or WhatsApp +91 78018 87130. Fixed-scope quote within 48 hours.