CAclubindia News

ICAI: UDIN Validation Now Based on Five Parameters Including PAN

19 February 2026 at 08:10

ICAI announces PAN as a mandatory field for UDIN generation under GST & Tax Audit. UDIN validation on CBDT e-Filing portal will now be based on five parameters from February 2026.

Posted in Income Tax | 5565 Views

Govt Rejects 'Multi-Layered Tax Burden' Claims: Finance Ministry Cites Low Tax-to-GDP Ratio

19 February 2026 at 08:09

The government has rejected claims of excessive multi-layered taxation, stating India's tax-to-GDP ratio remains among the lowest in the G20 while highlighting GST rationalisation and ongoing tax reforms aimed at simplification and compliance.

Posted in Income Tax | 1464 Views

Section 112 GST Appeals: New Guidance Issued on Online Filing Challenges

19 February 2026 at 08:09

Public Notice No. 02/2025-26 issued by the GST Appeals Commissionerate in Chennai clarifies timelines and grievance redressal for filing appeals before the GSTAT amid APL-04 portal issues under Section 112 of the CGST Act, 2017.

Posted in GST | 381 Views

ICAI Reprimands CA for Filing Unsigned Financial Statements with MCA in AOC-4

18 February 2026 at 09:15

ICAI Disciplinary Committee reprimands CA for certifying unsigned financial statements filed in Form AOC-4, holding him guilty of professional misconduct under CA Act, 1949.

Posted in Corporate Law | 1 comments | 5127 Views

ICAI Introduces UDIN Ceiling & Field-Level Validation for Section 44AB Tax Audits from 1st April 2026

18 February 2026 at 09:06

ICAI announces field-level validation for all Section 44AB sub-categories and caps UDIN generation as per 60 tax audit limit from April 1, 2026. Read full details.

Posted in Income Tax | 6228 Views

Recognised Stock Exchange Criteria Tightened Under Draft IT Rules 2026

18 February 2026 at 07:09

Stock exchanges must maintain audit trails, prevent transaction erasure, record PAN and UCC, and submit monthly reports to DGIT under new Rule 4 of Draft IT Rules 2026.

Posted in Income Tax | 1722 Views

SEZ Rules Amended in 2026: IFSCA Empowered to Issue Form GA for IFSC Units in GIFT City

18 February 2026 at 07:09

The SEZ Rules, 2026 amend Rule 19, empowering IFSCA to issue Form GA for IFSC units in GIFT City. Here's what the new approval framework means.

Posted in Others | 303 Views

India's Currency in Circulation Hits Record Rs 40 Lakh Crore Despite UPI Surge

18 February 2026 at 07:09

SBI Research reports 11% YoY growth in currency in circulation to Rs 40 lakh crore despite booming UPI payments. GST notices may have influenced cash use.

Posted in Others | 93 Views

Net Direct Tax Collection for FY 2025-26 Grows 9.4%, Refunds Drop 18.8%

17 February 2026 at 09:17

India's net direct tax collection for FY 2025-26 rises 9.40% to Rs 19.43 lakh crore as on February 10, 2026. Check corporate tax, non-corporate tax, refunds and gross collection details.

Posted in Income Tax | 168 Views

CA May 2026 Exams: ICAI Opens Online Empanelment for Observers, Check Eligibility & Key Dates

17 February 2026 at 09:10

ICAI invites applications from eligible members for Observer empanelment for CA May 2026 Exams. Check eligibility criteria, honorarium details, cooling-off rule, key dates and application process.

Posted in Students | 3186 Views