CAclubindia News

MSME-MCA Internship Claim False: PIB Advises Citizens Not to Share Personal Information

14 July 2026 at 09:30

PIB Fact Check has clarified that a viral Google Form claiming to offer an MSME and MCA-approved internship for doctors and professionals is fake. Citizens are advised not to share personal information on unverified platforms.

Posted in Community & General | 1 comments | 1812 Views

FM Sitharaman Reviews RBI Swap Schemes; Banks Report Strong NRI Response to FCNR(B) Deposits

14 July 2026 at 09:25

Finance Minister Nirmala Sitharaman reviewed RBI's FCNR(B), ECB and OFCB swap schemes. Banks reported strong NRI participation, rising foreign currency inflows, and growing use of GIFT City for global fund mobilisation.

Posted in Investments & Personal Finance | 1 comments | 240 Views

Over 1.7 Crore Taxpayers Filed ITRs for AY 2026-27

13 July 2026 at 09:36

More than 1.7 crore taxpayers have already filed their ITRs for AY 2026-27, with over 10 lakh returns submitted in a single day. File your ITR-1 or ITR-2 before the July 31, 2026 deadline and avoid the last-minute rush.

Posted in Income Tax | 1 comments | 2451 Views

CBIC Allows Extension Beyond 2-Year Limit Under Customs Notification 8/2016

13 July 2026 at 09:24

CBIC Notification 28/2026-Customs empowers the Board to extend the two-year period prescribed under Notification 8/2016-Customs in cases where sufficient cause is shown.

Posted in Custom | 1 comments | 543 Views

CBDT Notifies TDS Exemption for Specified Payments to IFSC Units Under Income Tax Act 2025

11 July 2026 at 09:34

CBDT notifies TDS exemption on specified payments made to eligible IFSC units under the Income Tax Act, 2025. The relief covers interest, commission, professional fees, dividends, and other notified incomes, effective from April 1, 2026.

Posted in Income Tax | 1 comments | 3216 Views

ICAI Renews MRA with CPA Australia to Boost Global Mobility for Accountants

11 July 2026 at 09:30

ICAI and CPA Australia have renewed their Mutual Recognition Agreement (MRA) for five years, enhancing global mobility, professional recognition, collaboration, and career opportunities for eligible members of both accounting bodies.

Posted in Professional Resource | 1 comments | 555 Views

Income Tax Department Releases ITR-7 Excel Utility for AY 2026-27

11 July 2026 at 09:23

Income Tax Department releases ITR-7 Excel Utility Version 1.0 for AY 2026-27. Eligible trusts, institutions, political parties, and entities can now prepare and file returns under Sections 139(4A), 139(4B), 139(4C), and 139(4D).

Posted in Income Tax | 1 comments | 258 Views

CBDT Authorises DGIT (Systems) to Upload Global Financial Information in AIS Under Income Tax Act, 2025

10 July 2026 at 09:29

CBDT has authorised the Director General of Income-tax (Systems) to upload information received under the Automatic Exchange of Information (AEOI) framework into the AIS through Form No. 168 under the Income-tax Act, 2025.

Posted in Income Tax | 1 comments | 2913 Views

ICAI Invites Public Comments on Revised Guidance Note for Tax Audit under Section 44AB of IT Act 1961

10 July 2026 at 09:17

ICAI has released the Exposure Draft of the revised Guidance Note on Tax Audit under Section 44AB and invited public comments. Submit suggestions by July 25.

Posted in Income Tax | 1 comments | 2325 Views

MCA Extends CCFS-2026 Deadline to 31st August 2026 Amid Data Centre Restoration

09 July 2026 at 09:34

MCA has extended the Companies Compliance Facilitation Scheme (CCFS-2026) till 31st August 2026, providing companies with additional time to complete pending statutory filings.

Posted in Corporate Law | 1 comments | 3222 Views