CAclubindia Articles

Data collection vs. Data sharing - A subtle but critical distinction

CA Amrita Chattopadhyay 28 March 2026 at 10:36

Understand the difference between data collection and public data sharing under the Digital Personal Data Protection Act, 2023. Learn why consent, accountability, and ethical use remain critical, even when data is publicly available and the hidden risks businesses often overlook.

Living in the present - Reflections from 150 articles on the many facets of human life

Raj Jaggi 28 March 2026 at 10:05

A reflective milestone marking the 150th article -exploring growth through discipline, simplicity and the power of living in the present with clarity, pure thoughts, and meaningful action.

Rs 1500 Crore GST on Penal Charges - A Compliance Failure Auditors Must Examine in FY 2025-26

MOHAN.C 28 March 2026 at 09:40

GST wrongly levied on penal charges by banks/NBFCs in 2024 has created a Rs 1500 crore issue with no refunds yet. Explore audit implications, legal position, and key concerns for CAs and auditors for FY 2025-26.

Trump to Make History with Signature on U.S. Dollar Bills

Aisha 27 March 2026 at 17:51

For the first time ever, U.S. President Donald Trump's signature will appear on paper currency, ending a 165-year tradition. The new $100 bills, featuring Trump and Treasury Secretary Scott Bessent, are set to roll out in June.

When Time Makes Credit Costly - Interest On Retained ITC Under GST

Raj Jaggi 27 March 2026 at 16:27

Wrongly availed Input Tax Credit under GST can trigger interest liability, even without utilisation. Learn how delayed reversal and prolonged retention of ITC can quietly create financial risk for taxpayers.

Hardeep Singh Puri Statement about Lockdown and How Government Bearing Loss to Keep Fuel Affordable

Mitali 27 March 2026 at 15:41

Lockdown rumours in India? Know what did Union Minister Hardeep Singh Puri said and how the government is protecting citizens from rising oil prices.

Undelivered GST Letter Can Trigger Inspection Even After Registration

Mitali 27 March 2026 at 12:01

GST authorities are increasingly conducting physical verification of business premises even after issuing GST registration certificates. This may be triggered due to undelivered welcome letters, risk-based scrutiny in automatic registrations, or doubts arising during normal registration processes.

Decriminalising Tax Lapses: Technical Errors vs Frauds What NITI Aayog's 2026 Reforms Mean for You

Affluence Advisory 27 March 2026 at 09:42

Explore how the Income-tax Act, 2025 transforms India's tax system from fear-driven enforcement to trust-based governance. Learn about decriminalisation of minor offences, Rs 1 crore prosecution thresholds, relief for technical errors, and how the 2026 reforms protect honest taxpayers while targeting fraud.

Corporate Laws (Amendment) Bill 2026: Key Changes Explained with Section-wise Comparison

CS Binit Thakur 27 March 2026 at 09:42

The Corporate Laws (Amendment) Bill, 2026 brings key reforms to the LLP Act, 2008 and Companies Act, 2013, introducing IFSC LLPs, easing foreign currency operations, and boosting India's global business competitiveness.

A Typing Error, A Genuine Export: Law Restored Balance

Raj Jaggi 27 March 2026 at 09:25

GST refund denied due to a minor GSTR-1 error? The Supreme Court in Ruhi Siraj Makda v. Union of India (2026) upholds exporters’ rights, ruling that clerical mistakes cannot override genuine exports and IGST payments.