CAclubindia News


ICAI Defers Phase IV of Peer Review Mandate to 31st December, 2026

   01 January 2026 at 07:18

ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.

Posted in Audit |   27 Views


Ministry of Finance Year Ender 2025: DIPAM Advances Market-Oriented Reforms in CPSEs

   01 January 2026 at 07:18

DIPAM played a key role in strengthening public finances in 2025, with CPSE dividend receipts rising to Rs 74,017 crore, successful Mazagon Dock OFS disinvestment.

Posted in Others |   30 Views


CBIC Mandates Body-Worn Cameras for Customs Officers at International Airports to Boost Transparency

   01 January 2026 at 07:18

CBIC mandates body-worn cameras for Customs officers at international airports to enhance transparency, accountability, and passenger trust. SOP issued under Instruction No. 34/2025.

Posted in Custom |   21 Views


Centre Notifies Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025

   01 January 2026 at 07:18

The Centre has notified Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025, redefining FDI norms, leadership requirements, and FEMA alignment.

Posted in Income Tax |   21 Views


ICAI Conducts Convocation Across 15 Locations; Inducts Nearly 20,000 New CAs

   31 December 2025 at 06:45

ICAI held its convocation across 15 locations on December 30, 2025, inducting nearly 20,000 newly qualified Chartered Accountants and welcoming them into the profession.

Posted in Professional Resource |   1440 Views


GST Rate Cut Boosts FMCG Demand: Daily Essentials See 9-10% Volume Growth in Dec Quarter

   31 December 2025 at 06:45

FMCG sales volumes rose 9-10% in the December quarter after GST rates on daily essentials were cut, signalling a revival in consumer demand, according to NielsenIQ data.

Posted in GST |   60 Views


MSME Year-End Review 2025: Key Achievements, Schemes and Policy Reforms

   31 December 2025 at 06:45

Year-End Review 2025 of the Ministry of MSME highlights key achievements, schemes, credit support, digital reforms, skilling initiatives and MSME growth in India.

Posted in Corporate Law |   687 Views


MCA Extends FY 2024-25 Annual Filing Deadline to 31st January 2026 Without Late Fees

   30 December 2025 at 16:43

MCA extends the due date for filing FY 2024-25 annual returns and financial statements till 31 Jan 2026 without additional fees.

Posted in Corporate Law |   4371 Views


GSTN Introduces Strict ITC Validations: Negative Reclaim and RCM Ledger Balances to Be Disallowed

   30 December 2025 at 06:51

GSTN to soon block excess ITC reclaims and RCM ITC claims. Negative ledger balances may stop GSTR-3B filing. Key compliance changes explained.

Posted in GST |   1968 Views


UP STF Busts Inter-State GST Evasion Racket: Rs 500 Crore Tax Fraud Uncovered

   30 December 2025 at 06:51

Eight arrested after UP STF exposed a major GST scam involving shell companies, fake e-way bills and illegal ITC worth Rs 500 crore.

Posted in GST |   129 Views



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