CAclubindia News

President Murmu Highlights GST 2.0 and Income Tax Reforms Delivered Big Relief to Middle Class

29 January 2026 at 09:17

President Murmu highlights Reforms Express, GST 2.0 savings of Rs 1 lakh crore, two-tier GST structure and major income tax relief for middle-class families.

Posted in GST | 1398 Views

Govt Amends LIC General Rules, Allows Reappointment for Up to Four Years

29 January 2026 at 07:18

Government notifies LIC General (Amendment) Rules, 2026, allowing reappointment of LIC officials for a further term of up to four years. Amendment effective from January 27, 2026.

Posted in Others | 150 Views

Budget 2026-27: How GST Influences Fiscal Strategy and Federal Finances

29 January 2026 at 07:18

Union Budget 2026-27 will be presented on February 1, 2026. Here’s how GST plays a crucial role in revenue forecasting, fiscal deficit management, and centre-state finances.

Posted in GST | 834 Views

Halwa Ceremony Marks Final Phase of Union Budget 2026-27 Preparations

28 January 2026 at 07:01

Finance Minister Nirmala Sitharaman attended the Halwa Ceremony at North Block, signalling the completion of Union Budget 2026-27 preparations ahead of its presentation on February 1, 2026.

Posted in Union Budget | 201 Views

Chartered Accountant Accused of Misusing Friend's GST Account, Rs 4.69 Crore Demand Raised

28 January 2026 at 07:01

Trombay police booked a Lucknow-based chartered accountant for allegedly misusing a friend's GST account, leading to a Rs 4.69 crore tax demand and frozen bank account.

Posted in GST | 2235 Views

GST Relief for Insurers: Bombay HC Stays Rs 10,000 Crore Tax Demand

28 January 2026 at 07:01

The Bombay High Court stayed GST demands exceeding Rs 10,000 crore on 13 insurance companies, citing CBIC circulars excluding co-insurance premiums and ceding commissions from GST.

Posted in GST | 1389 Views

EU-India Free Trade Agreement Concluded: Biggest Trade Deal Ever

28 January 2026 at 07:01

The EU and India have concluded a historic Free Trade Agreement, eliminating tariffs on 96.6% of EU exports, boosting trade, services access and sustainability cooperation.

Posted in Others | 66 Views

ICAI Announces Mock Test Papers Series I & II for CA Final May 2026 Exams

28 January 2026 at 07:01

ICAI announces Mock Test Papers Series I & II for CA Final May 2026 exams. Check full schedule, dates, subjects, mode and registration details.

Posted in Students | 2109 Views

GST Council Urged to Scrap Rs 7500 Threshold and Fix Single 5% Tax Across Hotels

27 January 2026 at 06:53

The hotel industry has urged the GST Council to introduce a uniform 5% GST on hotel rooms and meals, scrapping the Rs 7,500 tariff threshold to simplify taxation and boost tourism and occupancy.

Posted in GST | 8172 Views

GST Enforcement Officer Caught Red-Handed Accepting Rs 3.5 Lakh Bribe

27 January 2026 at 06:53

A GST enforcement officer in Palakkad was caught red-handed by VACB while accepting a Rs 3.5 lakh bribe to release seized scrap-laden lorries. The accused will be produced before the vigilance court.

Posted in GST | 1458 Views