First-year calendar · FY 2026-27

First-year finance calendar for a foreign-owned subsidiary

The Indian company calendar, plus the RBI, transfer-pricing and cross-border dates a parent’s finance team usually hears about only after one is missed.

Have Finac handle these dates Jump to the year

Every filing on its datewith an owner and the filed document attached

30 daysfrom each allotment to file FC-GPR

15 JulyFLA return to the RBI every year

31 OctForm 48 transfer-pricing report; return by 30 November

Parent’s daythe close runs on the group calendar

Four calendars

Pick the one that matches the entity

CompanyThe base calendar LLPTwo fixed filings, lighter year StartupRounds, ESOPs, investors Foreign subsidiaryRBI, transfer pricing, parent

A subsidiary inherits every date a domestic company has, then adds the Reserve Bank’s, the transfer-pricing officer’s and the parent’s. The RBI dates are unforgiving because they are counted from events: thirty days from an allotment, sixty from a transfer, 15 July every year for FLA. The parent’s dates are contractual, and they decide whether the subsidiary is trusted.

Counted from an event

Dates that start when something happens

Incorporation, the first hire, the first invoice, an allotment. These are the ones nobody’s diary reminds them of.

Within 30 days of incorporation

Companies Act

First board meeting; appointment of the first auditor by the board (failing which the members appoint within 90 days at an EGM); registered-office verification (INC-22) if not filed at incorporation; opening of the current account

Within 60 days of incorporation

Companies Act

Share certificates issued to subscribers; subscription money received into the company’s account

Within 180 days of incorporation

Companies Act

INC-20A declaration of commencement of business. No borrowing or business before it; late filing carries fees and the risk of strike-off

Before the first taxable invoice, or within 30 days of becoming liable

GST

GST registration (mandatory from ₹40 lakh of goods turnover or ₹20 lakh of services in most states; immediately for inter-state supply of goods, e-commerce sellers and reverse-charge cases; lower thresholds in special-category states)

Before the first payment attracting TDS

Income tax

TAN is allotted with incorporation; TDS deducted from the first contractor, professional, rent or salary payment above threshold and deposited by the 7th

When employees reach 20 (PF) / 10 (ESI)

EPFO / ESIC / State

PF registration and ESI registration; voluntary PF earlier is possible; state Shops & Establishments registration and professional-tax registration on the first hire in most states

Within 30 days of any share allotment

Companies Act / FEMA

PAS-3 return of allotment (and FC-GPR within 30 days where the allottee is a foreign investor)

Within 30 days of creating a charge

Companies Act

CHG-1 registration of the charge when the company takes a secured loan

Every financial year

Companies Act

At least four board meetings with no more than 120 days between two (small companies: two meetings, one in each half); statutory registers maintained; minutes signed within 30 days

Within 30 days of each allotment to the parent

FEMA

FC-GPR filed on the RBI’s FIRMS portal with the valuation certificate and FIRC/KYC of the inward remittance; late filing needs a late-submission fee or compounding

Within 60 days of any share transfer involving a non-resident

FEMA

FC-TRS on FIRMS

Before the first intercompany invoice

Transfer pricing / GST

Intercompany agreement with an arm’s-length pricing policy (cost plus for captive services is usual); GST registration; LUT so that export of services to the parent is zero-rated

Within 30 days of each software export invoice

FEMA / STPI

SOFTEX filed for software and IT-enabled service exports (where applicable) so that the export realisation can be closed

On each inward receipt

FEMA

FIRC or e-FIRC obtained from the bank; e-BRC for goods exports; realisation within the prescribed period tracked

Before each payment to the parent or group

Income tax

Withholding-tax assessment on royalties, fees and interest; Forms 145 and 146, formerly 15CA and 15CB where required; the parent’s tax-residency certificate and Form 41, formerly 10F for treaty rates

Expatriate secondments

EPFO / Income tax

Payroll set-up for international workers under PF rules; tax residency tracked by days; social-security agreement checked

Every month

The monthly rhythm

The same six dates every month. Penalties on these compound, so they are the first thing Finac automates for a new client.

7thEvery monthTDS and TCS deducted in the previous month deposited (for March deductions: 30 April)

10thEvery month (state-specific)Professional tax deducted from salaries paid in states where monthly payment applies

11thEvery monthGSTR-1 for the previous month (monthly filers). QRMP filers: optional IFF by the 13th, quarterly GSTR-1 by the 13th of the month after the quarter

15thEvery monthPF contribution and ECR filed; ESI contribution paid

20thEvery monthGSTR-3B for the previous month with tax payment (QRMP filers: PMT-06 payment by the 25th in months 1 and 2 of the quarter; GSTR-3B by the 22nd or 24th, by state, after the quarter)

DailycontinuousBooks posted from the bank within 24 hours; bank reconciled; e-invoices reported to the IRP where turnover makes e-invoicing mandatory (within 30 days of invoice for the largest filers, real time in practice)

Fixed in FY 2026-27

The year, month by month

Dates follow the notifications in force on 24 September 2026 and the standard monthly filing cycle unless stated. States set their own professional-tax and shops and establishments dates.

April 2026

TDS for March deposited; MSME-1 half-yearly return for October-March (companies with dues to MSME suppliers beyond 45 days); QRMP GSTR-1 (13th) and GSTR-3B (22nd/24th) for January-March; option to change QRMP status for Q1ROC / Income tax / GST

May 2026

TDS returns for January-March: Form 138 for salary and Form 140 for other payments, formerly 24Q and 26Q; issue TDS certificates for non-salary deductions within 15 days of filingIncome tax

June 2026

First advance-tax instalment (15% of the year’s estimated tax); Form 130, formerly Form 16 issued to every employee for FY 2025-26Income tax

DPT-3 return of deposits and exempted borrowings (including loans from directors) for FY 2025-26ROC

July 2026

TDS returns for April-JuneIncome tax

FLA (foreign liabilities and assets) annual return to the RBI for FY 2025-26. Every company with foreign investment files it, even if no fresh inflowFEMA

August 2026

No fixed date. Monthly dates apply.

September 2026

Second advance-tax instalment (45% cumulative)Income tax

Annual general meeting for FY 2025-26 (within six months of year end; first AGM of a new company within nine months of its first year end); DIR-3 KYC for every director; tax audit report (Form 26, formerly 3CB and 3CD) where turnover crosses the audit threshold; ADT-1 within 15 days of the AGM if an auditor is appointed or re-appointedROC / Income tax

October 2026

AOC-4 financial statements filed within 30 days of the AGM (assumes an AGM on 30 September)ROC

Company income-tax return (ITR-6) for FY 2025-26 (30 November where transfer-pricing reporting applies); TDS returns for July-September; MSME-1 for April-SeptemberIncome tax / ROC

Form 48, formerly 3CEB transfer-pricing accountant’s report for FY 2025-26 where there are international transactions with associated enterprisesIncome tax

November 2026

MGT-7 (or MGT-7A for small companies) annual return within 60 days of the AGMROC

Income-tax return (ITR-6) for companies with transfer-pricing reporting; master-file intimation (Form 3CEAA) where the group thresholds applyIncome tax

December 2026

Third advance-tax instalment (75% cumulative)Income tax

GSTR-9 annual return for FY 2025-26 where turnover exceeds ₹2 crore, and GSTR-9C reconciliation where it exceeds ₹5 croreGST

January 2027

TDS returns for October-DecemberIncome tax

February 2027

No fixed date. Monthly dates apply.

March 2027

Fourth advance-tax instalment (100%)Income tax

Year end: LUT for FY 2027-28 furnished by exporters; composition scheme option (CMP-02) for FY 2027-28; year-end stock count and provisions; board approval of the FY 2027-28 budgetGST / Finac

Parent’s calendar

Monthly

Month-end close on the parent’s timetable, reporting in the parent’s currency and format, intercompany reconciliation signed off both sidesGroup

How Finac handles them

A calendar is only useful if someone owns every line

Each filing on this page is tracked for every client: a start date, a target date, a person responsible and the filed acknowledgement attached. You see the same calendar we do. Nothing depends on a reminder in someone’s inbox.

State-specific professional tax and shops and establishments dates added per client
QRMP or monthly GST cycle set at onboarding
Reviewed every quarter against new notifications
Engagements from ₹6,999 a month, scoped to the business

A Finac finance lead and a subsidiary's country manager checking the RBI and group reporting dates on a wall planner

The RBI’s dates and the parent’s, on one calendarFC-GPR, FLA, Form 48, withholding certificates and the group close are tracked with dates and owners. See India entry for the full picture.

Finac job tracker listing each statutory filing with its target date, the person responsible and its status — The job tracker. Each filing with its target date, the person responsible and its status, visible to the client.

Finac compliance calendar for a month with GSTR-1 and GSTR-3B jobs on their dates — The same jobs on the month view. Open, overdue, future and closed are colour-coded, so a missed date is visible before it is missed.

Questions

Frequently asked

Which dates change if the business is on the QRMP scheme?

GSTR-1 becomes quarterly, by the 13th of the month after the quarter, with an optional invoice furnishing facility by the 13th in months one and two. GSTR-3B becomes quarterly, by the 22nd or 24th after the quarter depending on the state, with tax paid monthly through PMT-06 by the 25th.

What happens if INC-20A is filed late?

Additional fees apply, the company cannot commence business or borrow until it is filed, and the Registrar may start strike-off proceedings after 180 days.

Have the form numbers changed under the Income-tax Act 2025?

Yes. The Income-tax Rules 2026, in force from 1 April 2026, renumbered most forms. Form 130 replaces Form 16, Form 138 replaces 24Q, Form 140 replaces 26Q, Form 26 replaces the tax audit forms 3CB and 3CD, and Form 48 replaces 3CEB. This calendar uses the new numbers and gives the old ones alongside.

Does Finac handle these dates for its clients?

Yes. Every filing on this page is tracked for each client, with an owner, a target date and the filed document attached. You see the same calendar we do. Engagements start at ₹6,999 a month and are scoped to the business.

Would you rather someone handled these dates for you?

Eighteen questions, two minutes, and you see what Finac would cost your business. Finac engagements start at ₹6,999 a month and rise with the work.

Start the scoping flow Finac Guides

Finac is the outsourced finance department for growing Indian businesses, run by AKSSAI ProjExel Private Limited, a chartered-accountancy-led firm with offices in Jabalpur, Bhopal, Noida and London. Fees exclude GST. This calendar is a summary of the rules and notifications in force on the review date; form numbers follow the Income-tax Rules 2026 with the earlier numbers alongside. Screens shown are from a demonstration company on the Finac platform. Reviewed 24 September 2026.

First-year finance calendar for a foreign-owned subsidiary

Pick the one that matches the entity

Dates that start when something happens

The monthly rhythm

The year, month by month

April 2026

May 2026

June 2026

July 2026

August 2026

September 2026

October 2026

November 2026

December 2026

January 2027

February 2027

March 2027

Parent’s calendar

A calendar is only useful if someone owns every line

Frequently asked

Would you rather someone handled these dates for you?

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