CAclubindia News

GSTN Issues Advisory on RSP-Based Valuation for Tobacco Goods from 1st February 2026

24 January 2026 at 07:05

GSTN issues advisory on RSP-based valuation for notified tobacco goods effective 1 February 2026, clarifying GST computation and reporting in e-Invoice, e-Way Bill and GSTR-1.

Posted in GST | 864 Views

ICAI Announces Mock Test Papers Series I & II for CA Foundation May 2026 Exams

23 January 2026 at 09:11

ICAI has announced Mock Test Papers Series I & II for CA Foundation May 2026 exams. Check complete schedule, mode, registration process and answer key details.

Posted in Students | 660 Views

Budget 2026-27 Expectations: Direct Tax Relief and GST 2.0 Implementation

23 January 2026 at 07:11

Ahead of Budget FY 2026-27, experts expect focus on tax simplification, higher disposable income and smoother GST 2.0 implementation rather than big giveaways.

Posted in Union Budget & Policy | 1617 Views

Delhi High Court Orders Pragmatic Approach in Nil TDS Cases for Overseas Companies

23 January 2026 at 07:11

Delhi High Court asks tax authorities to shun revenue-first mindset and adopt a justice-oriented approach while granting Section 197 nil or lower TDS certificates.

Posted in Income Tax | 1086 Views

Cabinet Approves Rs 5000 Crore Equity Infusion into SIDBI to Boost MSME Credit Flow

22 January 2026 at 09:00

The Union Cabinet has approved Rs 5000 crore equity support to SIDBI to enhance credit flow to MSMEs. The move is expected to add 25.74 lakh new MSME beneficiaries and strengthen SIDBI's capital adequacy.

Posted in Corporate Law | 120 Views

Income Tax Officers Call Targets 'Unrealistic', Seek Urgent Meeting with CBDT

22 January 2026 at 07:06

Income Tax officers have flagged unrealistic targets, staff shortages and infrastructure gaps, seeking an urgent meeting with the CBDT amid refund delays and rising complaints.

Posted in Income Tax | 2154 Views

Delhi Police EOW Probes Rs 374 Crore GST Fraud Linked to Identity Theft

22 January 2026 at 07:06

Delhi Police EOW is probing Rs 374 crore GST fraud after identity documents were misused to create fake firms and show bogus transactions without victims' knowledge.

Posted in GST | 1002 Views

Ahmedabad Customs Inspector Arrested for Crores-Worth IGST Export Fraud

22 January 2026 at 07:06

A Customs inspector in Ahmedabad has been arrested by the Directorate of Revenue Intelligence for allegedly facilitating a crores-worth IGST and cess refund fraud using fake energy drink exports and fictitious firms.

Posted in GST | 357 Views

ICAI Announces Mock Test Paper Series I & II for CA Intermediate May 2026 Exams

21 January 2026 at 09:03

ICAI announces Mock Test Paper Series I & II for CA Intermediate May 2026 exams. Check dates, subject-wise schedule, physical & virtual mode details, and answer key updates.

Posted in Students | 696 Views

Major Relief for NDTV Founders as Delhi HC Quashes IT Reassessment Notices

21 January 2026 at 06:04

Delhi High Court sets aside income tax reassessment notices against NDTV founders Prannoy Roy and Radhika Roy, imposes Rs 2 lakh costs on IT Department.

Posted in Income Tax | 993 Views