CAclubindia News


No Proposal to Scrap LTCG Tax for Retail Investors, Govt Clarifies in Lok Sabha

   22 July 2026 at 07:40

The Government has clarified in Lok Sabha that there is currently no proposal to scrap the 12.5% Long-Term Capital Gains (LTCG) tax on equity investments for domestic investors.

Posted in Income Tax |   2325 Views


RBI Releases Draft Foreign Investment Rules 2026, Invites Public Comments Till 31st August

   22 July 2026 at 07:12

RBI has released the draft Foreign Investment Rules, 2026 to replace the NDI Rules, 2019. The proposed framework aims to simplify FEMA regulations, align with FDI policy, reduce compliance burden, and enhance ease of doing business.

Posted in Investments & Personal Finance |   594 Views


CBDT Enables Foreign Assets Reporting in AIS: Taxpayers Can Now View CRS/FATCA Data Online

   21 July 2026 at 09:48

CBDT has enabled display of foreign asset and income information received under CRS/FATCA in AIS. Taxpayers can now view overseas account and investment data on the Income Tax portal.

Posted in Income Tax  1 comments |   2790 Views


RBI Enhances Fintech Oversight with SRO Framework, AI-Based Fraud Detection and Cyber Safety Measures

   21 July 2026 at 09:38

Government and RBI strengthen India's fintech ecosystem with AI-based fraud detection, DPDP Act safeguards, enhanced payment security, and stronger consumer protection measures.

Posted in Investments & Personal Finance |   507 Views


UPI Crosses 55.49 Crore Users in June 2026; FY26 Transactions Hit Rs 314 Lakh Crore

   21 July 2026 at 09:32

UPI crossed 55.49 crore onboarded users by June 2026, with FY 2025-26 transactions reaching 24,161.69 crore in volume and Rs 314.23 lakh crore in value.

Posted in Investments & Personal Finance |   279 Views


CBDT Notifies NaBFID 10-Year Zero Coupon Bond Under Income Tax Act, 2025

   20 July 2026 at 09:27

CBDT has notified NaBFID's Ten Year Zero Coupon Bond as a Zero Coupon Bond under Section 2(112) of the Income-tax Act, 2025. Check key features, tenure, issue timeline and tax implications.

Posted in Income Tax |   10485 Views


ICAI Issues Public Warning After Repeated Attempts to Gain Unauthorized Access to Its Digital Systems

   18 July 2026 at 09:24

ICAI has issued a public warning after detecting repeated unauthorized access attempts on its digital platforms. The Institute reaffirmed its zero-tolerance policy on cybercrime and advised users to use only official ICAI websites and applications.

Posted in Professional Resource |   2298 Views


Core Industries Index Overhauled with 2022-23 Base Year and Expanded Industry Coverage

   18 July 2026 at 09:17

The Office of Economic Adviser will release the revised Index of Core Industries (ICI) series with base year 2022–23 on July 20, 2026.

Posted in Investments & Personal Finance |   234 Views


MCA Warns Stakeholders Against Fake Calls, WhatsApp Messages and Phishing Scams

   17 July 2026 at 06:31

MCA warns stakeholders against fake calls, WhatsApp messages, phishing emails, fraudulent websites, and cyber scams impersonating the Ministry. Verify communications only through the official MCA portal.

Posted in Corporate Law |   756 Views


ICAI Inaugurates Global Summit 2026 to Strengthen India's Leadership in Global Capability Centres

   17 July 2026 at 06:31

ICAI launches the 7-city Global Orbit Summit 2026 to strengthen India's GCC ecosystem. ICAI President says India is poised to become a global GCC hub, creating new opportunities in finance, AI, taxation, governance and professional services.

Posted in Professional Resource |   447 Views



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