The Finance Bill is expected to introduce five GST law amendments, including changes to post-sale discounts, intermediary services, IDS refunds and low-value export refunds to ease compliance.
ICAI hosted GES-CA 2026 in New Delhi with participation from 24 States and 2 UTs, launching the ICAI Model Curriculum and signing MoUs with 15 universities to strengthen commerce and accountancy education.
ICAI has rescheduled the CA Intermediate Group II Paper 5 (Auditing and Ethics) exam from 19 January to 31 January 2026. Admit cards remain valid.
Foreign digital companies face tax notices in India over permanent establishment claims, setting the stage for prolonged litigation.
Budget 2026-27 expectations rise as MP Sasmit Patra highlights GST challenges faced by MSMEs, e-commerce sellers and multi-state firms.
Income Tax Act 2025 takes effect from April 1, 2026, replacing the 1961 law. Experts warn old rulings may not apply automatically.
CBDT has clarified that past tax cases will not be reopened following the Supreme Court’s Tiger Global ruling, easing investor concerns over Mauritius and Singapore-routed deals.
ICAI has postponed the CA Intermediate Group II Paper 5 (Auditing & Ethics) scheduled on 19 January 2026 across India and abroad. Revised date to be announced soon. Other exam dates remain unchanged.
The Ministry of Finance has invoked Section 23D of the RRB Act to dissolve multiple Regional Rural Banks following their merger into consolidated state-sponsored entities.
Govt amends customs notification to recognise electronic entries for postal exports, giving them parity with shipping bills under the Customs Act.
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