CAclubindia News

Economic Survey 2025-26: Major Highlights That Will Shape Budget 2026

29 January 2026 at 15:01

Economic Survey 2025-26 highlights India's strong growth outlook with FY26 GDP at 7.4%, low inflation, robust exports, banking stability, record forex reserves and reform-led resilience.

Posted in Union Budget | 744 Views

President Murmu Highlights GST 2.0 and Income Tax Reforms Delivered Big Relief to Middle Class

29 January 2026 at 09:17

President Murmu highlights Reforms Express, GST 2.0 savings of Rs 1 lakh crore, two-tier GST structure and major income tax relief for middle-class families.

Posted in GST | 1029 Views

Govt Amends LIC General Rules, Allows Reappointment for Up to Four Years

29 January 2026 at 07:18

Government notifies LIC General (Amendment) Rules, 2026, allowing reappointment of LIC officials for a further term of up to four years. Amendment effective from January 27, 2026.

Posted in Others | 90 Views

Budget 2026-27: How GST Influences Fiscal Strategy and Federal Finances

29 January 2026 at 07:18

Union Budget 2026-27 will be presented on February 1, 2026. Here’s how GST plays a crucial role in revenue forecasting, fiscal deficit management, and centre-state finances.

Posted in GST | 678 Views

Halwa Ceremony Marks Final Phase of Union Budget 2026-27 Preparations

28 January 2026 at 07:01

Finance Minister Nirmala Sitharaman attended the Halwa Ceremony at North Block, signalling the completion of Union Budget 2026-27 preparations ahead of its presentation on February 1, 2026.

Posted in Union Budget | 162 Views

Chartered Accountant Accused of Misusing Friend's GST Account, Rs 4.69 Crore Demand Raised

28 January 2026 at 07:01

Trombay police booked a Lucknow-based chartered accountant for allegedly misusing a friend's GST account, leading to a Rs 4.69 crore tax demand and frozen bank account.

Posted in GST | 1971 Views

GST Relief for Insurers: Bombay HC Stays Rs 10,000 Crore Tax Demand

28 January 2026 at 07:01

The Bombay High Court stayed GST demands exceeding Rs 10,000 crore on 13 insurance companies, citing CBIC circulars excluding co-insurance premiums and ceding commissions from GST.

Posted in GST | 1206 Views

EU-India Free Trade Agreement Concluded: Biggest Trade Deal Ever

28 January 2026 at 07:01

The EU and India have concluded a historic Free Trade Agreement, eliminating tariffs on 96.6% of EU exports, boosting trade, services access and sustainability cooperation.

Posted in Others | 57 Views

ICAI Announces Mock Test Papers Series I & II for CA Final May 2026 Exams

28 January 2026 at 07:01

ICAI announces Mock Test Papers Series I & II for CA Final May 2026 exams. Check full schedule, dates, subjects, mode and registration details.

Posted in Students | 864 Views

GST Council Urged to Scrap Rs 7500 Threshold and Fix Single 5% Tax Across Hotels

27 January 2026 at 06:53

The hotel industry has urged the GST Council to introduce a uniform 5% GST on hotel rooms and meals, scrapping the Rs 7,500 tariff threshold to simplify taxation and boost tourism and occupancy.

Posted in GST | 3348 Views