CA Divyansh Kumar

CA Divyansh Kumar

Divyansh Kumar is a Chartered Accountant qualified from the Institute of Chartered Accountants of India (May 2026) and holds a B.Com (Hons) degree from the University of Delhi. His areas of expertise include Income Tax, GST, DTAA, corporate insolvency, capital markets, and macroeconomic analysis. Through FiscalZenith, he covers Indian tax law, regulatory developments, and corporate case studies with a focus on accuracy and primary source verification.

RBI Surplus Transfer: Rs 2.87 Lakh Crore Record Explained

On 22 May 2026, the RBI approved a record surplus transfer of Rs 2,86,588.46 crore to the central government for FY 2025-26. Explains why RBI pays this (Section 47, Section 48, sole ownership), the ECF framework, committee history, and a fully verified year-by-year timeline from FY 2012-13 to FY 2025-26.