CAclubindia Articles

Draft Income Tax Rules 2026: Major PAN Quoting Changes Explained

Posted by efiletax

18 February 2026 1011 Views

The Central Board of Direct Taxes (CBDT) has released the Draft Income Tax Rules 2026, proposing higher PAN thresholds for cash deposits, withdrawals, property deals, and vehicle purchases. The new rules aim to reduce compliance burden while aligning with the Income Tax Act, 2025 effective April 1, 2026.

Cheque Bounce Rules in India: What Changes in 2026 Mean for You

Posted by efiletax

18 February 2026 4679 Views

Cheque bounce laws in India are tightening for 2026. Faster trials, 20% interim compensation, digital evidence, and stricter RBI action explained.

Interest Computation Changes under GST (Effective from January 2026)

Posted by Ram Avtar Singh 18 February 2026 9728 Views

January 2026 update in GSTR-3B aligns GST interest calculation with Section 50 and Rule 88B, charging interest only on net unpaid cash tax.

Beyond Redressal: How the 2026 RBI Ombudsman Updates are Institutionalising Customer Trust

Posted by Affluence Advisory 18 February 2026 152 Views

RBI Ombudsman 2026: Expanded Internal Ombudsman mandate, API-based CMS 2.0 reporting, and stricter digital lending accountability.

Appointment of Statutory Auditors under the Companies Act

Posted by Akansha Rathi and Associates 17 February 2026 281 Views

Understand auditor appointment, rotation, eligibility, resignation, removal, remuneration, and prohibited services under Sections 139 to 144 of the Companies Act, including rules for Government and non-Government companies.

Tax Calculation Slabs For FY 2025-26 (AY 26-27)

Posted by Mitali 17 February 2026 7044 Views

Updated Tax Calculation Slabs For FY 25–26. Check slab-wise tax structure and key benefits before filing AY 2026-27 return.

From Rigour To Reason: Decriminalisation Of Tax Offences Under The IT Act, 2025 Through Finance Bill, 2026 - Part 2

Posted by Raj Jaggi

17 February 2026 226 Views

Finance Bill 2026 reforms Sections 477-479 of the Income-tax Act, 2025 by introducing graded punishment for TCS default, tax evasion, and wilful non-filing of returns. Explore the new prosecution framework effective 1 April 2026.

The Vanishing Shield: Is your Home Loan Interest losing its Tax Power?

Posted by Marimganti Tarun B.com,FCMA 17 February 2026 382 Views

Home loan tax benefits under Section 24(b) are fading under the New Tax Regime (Section 115BAC). Understand how the loss of interest deduction impacts salaried taxpayers, the break-even point between old vs new regime and who stands to lose the most before filing your return.

TDS and TCS: The New Shields and Arrows of the Taxpayer

Posted by CA Umesh Sharma 17 February 2026 3155 Views

Union Budget 2026 proposes major TDS and TCS reforms under the new Income Tax Act 2025. From PAN-based property TDS and digital certificates to TCS rationalisation and LRS relief, here's a complete breakdown of taxpayer “shields” and compliance "arrows."

MAT Credit - Budget Implications

Posted by Venkat Raj 17 February 2026 374 Views

A comprehensive analysis of MAT u/s 115JB, its historical evolution, MAT credit mechanism, Budget 2026 changes, rate reduction to 14%, restrictions on credit utilisation