CAclubindia News

Form 092 Mandatory for Specified Funds and Stock Brokers from FY 2026

26 May 2026 at 09:32

Income Tax Department releases FAQs on Form 092 for specified funds and stock brokers dealing with non-resident clients. Check filing process, due dates, required details and compliance rules.

Posted in Income Tax | 1 comments | 3579 Views

CBDT Clarifies Form 18 Filing for Affordable Housing Projects Under Income Tax Rules 2026

25 May 2026 at 09:40

CBDT clarifies Form 18 under Income Tax Rules 2026 through FAQs. Know eligibility, filing requirements, conditions and tax benefits for affordable housing projects under Section 46.

Posted in Income Tax | 1 comments | 3960 Views

Form 29 Mandatory for Amalgamated Companies Claiming Tax Loss Benefits Under Income Tax Rules 2026

25 May 2026 at 09:40

CBDT clarifies Form 29 under Income Tax Rules 2026 through detailed FAQs. Know eligibility, filing timelines, production conditions and tax benefits for amalgamated companies.

Posted in Income Tax | 1 comments | 2919 Views

CBDT Clarifies Form 50 for Advance Pricing Agreement Under Income Tax Act 2025

23 May 2026 at 09:37

Form 50 FAQs explain APA pre-filing meetings, online submission, filing frequency, and transfer pricing compliance under the Income Tax Act, 2025.

Posted in Income Tax | 1 comments | 3534 Views

FM Sitharaman Reviews GIFT City Progress at High-Level Meeting

23 May 2026 at 09:29

Finance Minister Nirmala Sitharaman reviews progress of GIFT City, highlighting its role as India’s global financial hub with over 1,150 entities and USD 110 billion banking assets.

Posted in Community & General | 1 comments | 402 Views

Finance Ministry Allows 7 Financial Entities to Use Aadhaar Authentication Under PMLA

22 May 2026 at 09:40

The Ministry of Finance has authorised seven reporting entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002, strengthening KYC and compliance mechanisms.

Posted in Income Tax | 1 comments | 1338 Views

Ministry of Finance Amends HSNS Cess Rules 2026: Rule 35 Sees Major Procedural Changes

22 May 2026 at 09:34

The Ministry of Finance has notified the Health Security & National Security Cess (Second Amendment) Rules, 2026, introducing key changes to Rule 35, including omission of sub-rule (3) and revised accounting approvals.

Posted in Community & General | 1 comments | 2505 Views

GSTN Announces Major Enhancements in e-Way Bill Portal: Mandatory Ship-To GSTIN and EWB Closure Feature

22 May 2026 at 09:21

GSTN proposes key enhancements to the e-Way Bill (EWB) portal, including mandatory "Ship-To GSTIN" capture for Bill-To Ship-To transactions and a new EWB Closure functionality.

Posted in GST | 1 comments | 10185 Views

New Income Tax Act 2025 More Taxpayer-Friendly, Simpler to Understand: Chief Commissioner

21 May 2026 at 09:35

Income Tax Act 2025 is simpler, clearer and more taxpayer-friendly, says Chief Commissioner. The new law aims to reduce complexity and improve tax compliance.

Posted in Income Tax | 1 comments | 2814 Views

ICAI Plans Major CA Curriculum Revamp With AI, ESG And Data Analytics Subjects

21 May 2026 at 09:26

ICAI is planning to introduce Artificial Intelligence, data analytics, ESG, and forensic auditing into the CA curriculum. The proposed changes aim to prepare future chartered accountants for technology-driven finance and auditing roles.

Posted in Students | 1 comments | 17460 Views