CAclubindia News


CBDT Grants Income Tax Exemption to West Bengal Construction Workers Welfare Board Under Section 10(46)

   17 January 2026 at 07:35

CBDT grants income tax exemption under Section 10(46) to West Bengal Construction Workers Welfare Board with retrospective effect from FY22.

Posted in Income Tax |   105 Views


FY27 Budget Unlikely to Change Income Tax Law, New Rules to Shape Tax Regime

   17 January 2026 at 07:35

FY27 Budget is unlikely to amend income tax law, with CBDT rules expected to shape taxpayer rights, compliance burden and the new tax regime.

Posted in Income Tax |   996 Views


Securities Transaction Tax (STT) May Miss Budget Target as F&O Trading Slows

   17 January 2026 at 07:34

STT collections are under pressure as F&O regulatory tightening and lower trading volumes raise the risk of missing Budget estimates this fiscal.

Posted in Union Budget |   90 Views


Budget 2026 May Hold Key to Long-Pending Digital Overhaul of Capital Gains Account Scheme

   17 January 2026 at 07:34

Ahead of Budget 2026, the Capital Gains Account Scheme faces renewed scrutiny over digital gaps, manual reporting and lack of integration with tax systems.

Posted in Union Budget |   363 Views


Supreme Court Denies Treaty Benefits to Tiger Global in Flipkart Capital Gains Tax Case

   16 January 2026 at 10:12

In a crucial tax ruling, the Supreme Court has held Tiger Global liable for capital gains tax on its Flipkart stake sale to Walmart.

Posted in Income Tax |   1584 Views


CGST Delhi South Commissionerate Busts Bogus Invoice Racket Involving Rs 199.90 Crore

   16 January 2026 at 09:10

CGST Delhi South Commissionerate arrested two persons for fraudulent availment of Rs 8.52 crore ITC using bogus invoices worth Rs 199.90 crore.

Posted in GST |   123 Views


Budget 2026 Watch: Industry Seeks Tax Neutrality for MCA Fast-Track Demergers

   16 January 2026 at 06:54

MCA’s fast-track demergers face tax hurdles as Income Tax Act denies neutrality, exposing firms and shareholders to higher tax and pushing restructurings back to NCLT.

Posted in Union Budget |   921 Views


Budget 2026-27: NBFC Sector Pushes for Liquidity, Tax Relief and Faster Recovery

   16 January 2026 at 06:54

Ahead of Budget 2026-27, NBFCs seek a refinancing window, lower SARFAESI threshold, removal of 10% TDS on interest income and MSME credit support.

Posted in Union Budget |   1104 Views


Budget 2026-27: FICCI Seeks Faster Tax Appeals, Simpler TDS and Customs Reforms

   16 January 2026 at 06:54

Ahead of Budget 2026-27, FICCI urges faster tax appeal resolution, rationalised TDS rates, clarity for global manufacturers, buyback tax fixes and smoother customs processes.

Posted in Union Budget |   153 Views


Budget 2026: Oil and Gas Industry Pushes for 5% GST, LPG Under-Recovery Support

   15 January 2026 at 08:03

Ahead of the Union Budget 2026-27, India's estimated $433.8 billion oil and gas industry has stepped up its demands for tax relief and fiscal support, urging the government to address long-standing taxation and regulatory challenges that continue to

Posted in GST |   507 Views