CAclubindia News

ICAI Halts SPOM Tests from April 11-20 Due to SPMT Portal Upgrade

14 March 2026 at 09:09

The Institute of Chartered Accountants of India (ICAI) has announced that Self-Paced Online Module Tests (SPMT) will not be conducted from April 11 to April 20, 2026 due to portal maintenance and software upgrades. Slot booking will resume from April 21.

Posted in Students | 552 Views

Centre Renames Personal Income Tax as Non-Corporate Tax from FY 2025-26

14 March 2026 at 09:07

Government renames Personal Income Tax as Non-Corporate Tax from FY 2025-26. NCT collections reached Rs 12.35 lakh crore in FY 2024-25, growing 18.23%, Finance Ministry informs Rajya Sabha.

Posted in Income Tax | 3870 Views

SBI Life Insurance Company Receives Rs 537.75 Crore Income Tax Demand for FY24

14 March 2026 at 09:02

SBI Life Insurance has received an income tax demand of Rs 537.75 crore for FY24 from the Income Tax Department. The insurer plans to file an appeal against the assessment order.

Posted in Income Tax | 309 Views

President Murmu Urges Tax Officers to Exercise Authority With Humility and Constitutional Values

13 March 2026 at 09:10

President Murmu asked IT officers to balance enforcement with facilitation while ensuring fairness, transparency and efficiency in tax administration.

Posted in Income Tax | 1797 Views

Finance Ministry Urges Banks to Fast-Track IBC Case Resolution to Maximise Asset Value

13 March 2026 at 09:10

Finance Ministry urges banks to adopt a collaborative approach to resolve pending IBC cases at NCLT, minimise delays in CIRP filings and improve recovery from stressed assets.

Posted in Corporate Law | 1698 Views

NSE Circular: Brokers Must Disclose Excess STT for FY 2023-24 and Earlier Years

13 March 2026 at 09:10

Following directions from the Income Tax Department of India, NSE has asked brokers and sub-brokers to report excess STT collected and deposit it with interest...

Posted in Income Tax | 1911 Views

GST Trade Notice Warns Taxpayers Against Impersonation of GST Officials

13 March 2026 at 09:10

CGST Bengaluru Zone issues Trade Notice 02/2026 warning businesses about impersonation of GST officers. Taxpayers advised to verify DIN, official ID cards and authorization during inspections under Section 67 of the CGST Act.

Posted in GST | 309 Views

CBIC Announces GST Portal Changes for Appeals, Audit and Tax Administration

12 March 2026 at 09:05

CBIC has issued Trade Notice No. 20 of 2026 informing taxpayers and field officers about new GST portal functionalities under the Functionality Deployment Report. The update introduces improvements in appeals, audit case allocation and system integration.

Posted in GST | 5559 Views

ICAI Releases Study on Taxation of Digital Economy and Global Tax Challenges

12 March 2026 at 09:05

ICAI releases a detailed study on taxation of the digital economy, examining nexus challenges, digital services taxes and global tax reforms affecting digital businesses.

Posted in Income Tax | 1155 Views

Thane Police Book Man for GST Evasion Using Identity Documents of Senior Citizen

12 March 2026 at 09:05

A man in Bhiwandi has been booked for allegedly using a senior citizen's documents to start five firms and evade GST. In another case, a Thane resident was cheated of Rs 62 lakh in a share investment scam.

Posted in GST | 2067 Views