CAclubindia News

CBIC Issues Instruction on Duty Drawback for Export of Unlocked Mobile Handsets

21 March 2026 at 10:40

CBIC issues Instruction No. 02/2026 directing strict compliance with court rulings on duty drawback claims for export of unlocked mobile handsets by merchant exporters.

Posted in Community & General | 177 Views

Government Launches RELIEF Scheme to Support Exporters Amid West Asia Logistics Crisis

21 March 2026 at 10:40

Government approves RELIEF scheme under Export Promotion Mission to support exporters hit by West Asia logistics disruptions, offering risk coverage, cost relief and MSME support amid rising freight and insurance costs.

Posted in Community & General | 291 Views

CBDT Directs IT Offices to Stay Open on 31st March 2026 for Financial Year-End Work

21 March 2026 at 10:40

Income Tax offices will remain open on March 31, 2026, despite Mahavir Jayanti, as per the CBDT's Section 119 order to ensure smooth financial year-end compliance and pending work completion.

Posted in Income Tax | 3117 Views

Finance Ministry Revises Monetary Threshold in FEMA Enforcement Cases: Key Changes Notified

20 March 2026 at 09:34

Finance Ministry updates FEMA enforcement thresholds via notification dated March 18, 2026, revising case value limits to Rs 2-10 crore for improved classification, consistency, and regulatory clarity in foreign exchange violations.

Posted in Community & General | 348 Views

Net Direct Tax Collections Rise 7.19% to Rs 22.8 Lakh Crore in FY26

20 March 2026 at 09:31

India’s net direct tax collections grow 7.19% to Rs 22.8 lakh crore as of March 17, 2026, driven by strong advance tax payments and improved compliance.

Posted in Income Tax | 1443 Views

Finance Ministry Clarifies No Legal Definition of HNIs Under Income Tax Act

20 March 2026 at 09:30

Government clarifies no legal definition of HNIs under the Income-tax Act. Asset disclosure threshold raised to Rs 1 crore, with stricter foreign asset reporting and enhanced data-driven tax compliance measures.

Posted in Income Tax | 4464 Views

ICAI Releases CA Final May 2026 Indirect Tax Laws Guidelines

19 March 2026 at 09:24

ICAI clarifies GST and Customs law applicability for May 2026 CA Final exams. Get full details on syllabus and exclusions.

Posted in Students | 8076 Views

ICAI Releases GST Study Guidelines for CA Intermediate May 2026 Exams

19 March 2026 at 09:24

CA Inter GST May 2026 syllabus is out. Know the latest ICAI guidelines, important amendments and excluded topics for effective preparation.

Posted in Students | 4995 Views

Major GST Reform: Goa Holds Property Owners Accountable for Event Taxes

19 March 2026 at 09:23

Goa government tightens GST rules for events. Venue owners must report event details or face penalties, tax liability and possible imprisonment.

Posted in GST | 480 Views

RBI Launches DLA Directory, Tightens Norms Against Illegal Loan Apps

19 March 2026 at 09:22

Government and Reserve Bank of India tighten rules against fraudulent loan apps with DLA directory, cybercrime portal, and stricter enforcement to protect digital lending users.

Posted in Community & General | 315 Views