CAclubindia News

Mandatory Service Charge by Restaurants Illegal: CCPA Takes Action Against 27 Establishments

12 January 2026 at 07:01

Following a Delhi High Court ruling, the CCPA penalised 27 restaurants for mandatory levy of service charge in violation of consumer law.

Posted in Service Tax | 1413 Views

FM Sitharaman Chairs Pre-Budget 2026-27 Consultations with States and UTs

12 January 2026 at 07:01

Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.

Posted in Union Budget | 1050 Views

ICAI Extends CPE Compliance Deadline for Calendar Year 2025 to March 31, 2026

12 January 2026 at 07:01

ICAI extends CPE hours compliance deadline for Calendar Year 2025 to March 31, 2026. Relief for CAs as ULA filing date also extended; revised applicability of consequential provisions announced.

Posted in Professional Resource | 2190 Views

Customs Duty Amnesty, Rate Rationalisation Likely on Budget 2026-27 Wishlist

12 January 2026 at 07:01

Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.

Posted in Union Budget | 1035 Views

Record Goods Movement in December as E-Way Bill Generation Surges 23.6%

12 January 2026 at 07:01

India's e-way bill generation rose 23.6% YoY to a record 138.39 million in December, GSTN data shows, reflecting GST 2.0 reforms and stronger consumption.

Posted in GST | 207 Views

Finance Ministry Year End Review 2025: Major Reforms by Department of Financial Services

12 January 2026 at 07:01

Ministry of Finance Year Ender 2025 highlights key achievements, reforms and initiatives of the Department of Financial Services across banking and finance.

Posted in Income Tax | 558 Views

Budget 2026: MSMEs Flag GST 2.0 Fallout, Trump Tariffs and Credit Crunch

10 January 2026 at 07:05

MSMEs urge Budget 2026 to fix GST 2.0 inverted duty issues, ease compliance, boost credit access and shield exporters from US tariff shocks.

Posted in Union Budget | 1086 Views

ICAI Proposes Higher Surcharge Limit, Disability Deductions, Joint Taxation for Couples Ahead of Budget 2026

10 January 2026 at 07:05

Ahead of the Union Budget, ICAI has sought changes in the default tax regime, including health insurance deductions, higher surcharge thresholds and joint taxation for couples.

Posted in Union Budget | 2049 Views

India's GDP Growth Projected at 7.4% in FY26

10 January 2026 at 07:05

India’s real GDP growth is estimated at 7.4% in FY26, led by strong services and manufacturing growth, even as nominal GDP falls short of budget targets.

Posted in Others | 153 Views

ICAI Launches Mandatory E-Diary to Strengthen Articled Training for CA Students

10 January 2026 at 07:05

ICAI introduces mandatory E-Diary for CA articled trainees from 1 January 2026, enabling digital attendance, task tracking, stipend records and transparent monitoring of practical training.

Posted in Students | 2 comments | 10146 Views