CAclubindia News

KPMG UK Plans Job Cuts: Up to 440 Audit Roles at Risk Amid Market Slowdown

30 March 2026 at 09:25

KPMG UK plans potential layoffs impacting up to 440 audit employees amid low attrition and market slowdown. Nearly 600 staff are at risk as restructuring begins.

Posted in Audit | 2403 Views

CBIC Clarifies No Validity Limit for Exporters' Self-Sealing Permission

30 March 2026 at 09:25

CBIC Circular 14/2026 clarifies that self-sealing permission for exporters has no expiry and continues indefinitely unless revoked for non-compliance or misuse.

Posted in Custom | 168 Views

No Income-Based Tax at Purchase Stage: FM Sitharaman Clarifies GST Framework

28 March 2026 at 09:29

Finance Minister Nirmala Sitharaman states in Lok Sabha that GST is a fair, pro-poor tax system with exemptions on essential goods and low rates on basic necessities.

Posted in GST | 4755 Views

Central Excise Amendments 2026: Govt Revises Key Figures in Official Corrigendum

28 March 2026 at 09:28

Government issues corrigendum to Central Excise notifications dated March 26, 2026, revising key duty rates from 18.5% to 12% and 3% to 9.5%. Read full details...

Posted in Excise | 168 Views

CBDT Extends TDS Certificate Deadline for Dec 2025 Quarter to 31st March 2026

28 March 2026 at 09:25

CBDT extends the due date for issuing TDS certificates for Q3 FY 2025–26 to March 31, 2026, citing technical glitches on the income tax portal.

Posted in Income Tax | 6015 Views

Finance Bill 2026: Relief and Clarity on Buyback Taxation for Promoters

28 March 2026 at 09:24

Finance Bill 2026 clarifies that the 12% surcharge applies only to additional Income Tax payable by promoters on capital gains from share buybacks. Read full details.

Posted in Income Tax | 2043 Views

Central Excise Changes 2026: Govt Revises Duty on Fuel, Updates Export Exemptions and ATF Levy

28 March 2026 at 09:24

The Ministry of Finance, India has issued multiple Central Excise notifications revising duty rates on petrol, diesel and aviation turbine fuel, along with new export exemptions and compliance rules effective immediately.

Posted in Excise | 2178 Views

Foreign Contribution (Regulation) Amendment Bill, 2026: Key Changes in Foreign Funding Rules Explained

27 March 2026 at 09:31

Foreign Contribution (Regulation) Amendment Bill, 2026 introduced in Lok Sabha proposes major changes including designated authority framework, stricter compliance, asset vesting rules, and prior approval for investigations.

Posted in Community & General | 4344 Views

Corporate Laws Amendment Bill 2026: Major Changes to LLP & Companies Act Explained

27 March 2026 at 09:29

The Corporate Laws (Amendment) Bill, 2026 introduces key reforms to the LLP Act and Companies Act, including IFSC-focused provisions, foreign currency norms, hybrid AGMs and decriminalisation of offences to boost ease of doing business in India.

Posted in Corporate Law | 4962 Views

FM Sitharaman in Lok Sabha: Facilitate First, Enforce Where Necessary

27 March 2026 at 09:27

FM Nirmala Sitharaman outlines ‘facilitate first’ tax philosophy in Budget 2026. TCS cuts, MSME relief, cooperative tax benefits and fisheries export boost announced.

Posted in Income Tax | 153 Views