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  News & Events
 
21/02/2026
RBI Sells Over USD 10 Billion in December to Manage Rupee Volatility
RBI Bulletin Highlights Decline in Government Net Borrowing to 3% of GDP by FY27
ICAI to launch information systems audit standards later this month
20/02/2026
RBI Sees Strong Export Potential from India’s Latest Free Trade Deals
Advisory Update on Interest Computation and System Improvements in GSTR-3B
19/02/2026
RBI Defers UTI Rollout for OTC Derivatives to 2027
ICAI Introduces Framework for Global Networking of Chartered Accountant Firms
Income Tax Department Targets High-Earning Executives Over Alleged Income Discrepancies
ICAI Preparing to Roll Out IS Audit Standards
BCI & Tax Lawyers’ Body Raise Objection to CA/CS Representation Before Tribunals in Delhi HC
SC declines anticipatory bail to CA in Rs. 640 Cr cyber fraud case, surrender ordered in 10 days
ICAI reprimands 11 Ahmedabad CAs over irregular political donation entries
18/02/2026
SEBI Sets Up Panel to Reassess Regulatory Norms for ESG Rating Agencies
13/02/2026
Union Budget 2026 Strengthens India’s Position as a Global Financial & Innovation Hub
GST Summons Meant for Inquiry, Not Detention: Bombay High Court
 
 
  Notification/Circulars
19/02/2026
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
Unique Transaction Identifier for OTC Derivative Transactions
16/02/2026
Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026
Formation of new district in the State of Haryana – Assignment of Lead Bank Responsibility
Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026
14/02/2026
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026
Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026
Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Rural Co-operative Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026
11/02/2026
Strengthening of Grievance Redress Mechanism in Banks – Review
09/02/2026
Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026
Our Vision

Philosophy & Vision of Tosniwal & Associates.

Philosophy Statement

  • To uphold high standards of honesty and integrity that make the individual and collective actions of those who work for the organization tuned to truth.
     
  • To place the interest of individuals and that of clients' ahead of that of the Firm whenever the need arises to differentiate between these interests.
     
  • To strive always to improve the quality of services, driven by the larger need, internal and external, to improve the quality of life and the standard of living, for society as a whole.

 

Corporate Vision Statement

  • To perpetuate the sacred vision of the pioneering Founder of the Firm in the direction of being an organization devoted to commercial education - an objective close to his heart and mind.
     
  • To be significantly present in all the regions of the country as a non-family, institutionalized, national, professional firm of repute, addressing primarily the mid-sized and large corporate segments and all those entrepreneurial-individuals who create and drive the economic growth of the country irrespective of size. To provide balanced and rounded threefold services in the related areas of professional practice: audit, tax and consulting, at all practice locations.
     
  • To be a leader - competitive, dynamic - in the areas of operation, so that the best opportunity to progress and grow - at all levels - is available to all associated with the Firm, thereby directly serving the best-interests of the Firm's clients; and to develop and implement strategies towards that end.