CAclubindia News

Fiscal Deficit Targeted at 4.4% in FY26 as Revenue Deficit Hits 16-Year Low

30 January 2026 at 06:58

Economic Survey 2025-26 highlights India's calibrated fiscal strategy, with fiscal deficit budgeted at 4.4% of GDP in FY26, revenue deficit at a 16-year low, rising capex and resilient revenue mobilisation amid global uncertainty.

Posted in Union Budget & Policy | 87 Views

Economic Survey Highlights Major Gains in Pension & Insurance Coverage

30 January 2026 at 06:58

Discover how the Economic Survey 2025-26 highlights significant growth in pension and insurance coverage in India, with expanded NPS subscribers, stronger social security networks and key reforms driving financial inclusion

Posted in Union Budget & Policy | 177 Views

Economic Survey 2025-26: Major Highlights That Will Shape Budget 2026

29 January 2026 at 15:01

Economic Survey 2025-26 highlights India's strong growth outlook with FY26 GDP at 7.4%, low inflation, robust exports, banking stability, record forex reserves and reform-led resilience.

Posted in Union Budget & Policy | 1113 Views

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 | 1413 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 Community & General | 159 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 | 846 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 & Policy | 213 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 | 2247 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 | 1725 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 Community & General | 75 Views