CAclubindia News

Sixth Session of 18th Lok Sabha Ends with 111% Productivity, 8 Bills Passed

23 December 2025 at 06:38

Sixth Session of 18th Lok Sabha concludes with 111% productivity. 15 sittings, 8 bills passed, major debates on Vande Mataram and electoral reforms.

Posted in Others | 1068 Views

Income Tax Algorithm Error Flags Unlisted Share Capital Gains as Business Income

22 December 2025 at 06:40

Income Tax Dept's automated system is misclassifying capital gains from unlisted share sales as business income due to TDS data mismatch. Know why notices are being sent and how taxpayers should respond.

Posted in Income Tax | 1428 Views

Section 80G Explained: Key FAQs on Donation Deductions, Limits, Verification & ITR Filing

22 December 2025 at 06:40

The Income Tax Department clarifies Section 80G rules on donation deductions, limits, cash payment restrictions, Form 10BE verification and eligibility under old vs new tax regime.

Posted in Income Tax | 1 comments | 4113 Views

Advance Tax Growth Loses Momentum After Third Instalment

22 December 2025 at 06:40

Advance tax collection grew just over 4% after the third instalment, sharply lower than last year, with non-corporate tax payments declining, income-tax data shows.

Posted in Income Tax | 174 Views

GSTN Introduces Flexible ITC Handling for Credit Notes in IMS

22 December 2025 at 06:40

GSTN introduces a new IMS functionality allowing taxpayers to select Yes or No for ITC reduction while accepting credit notes, improving accuracy in GST compliance.

Posted in GST | 2268 Views

ICAI Admit Cards Released for CA Intermediate & Final Jan 2026 Exams

22 December 2025 at 06:39

ICAI has released admit cards for CA Final, Intermediate January 2026 exams. Candidates can download hall tickets from the ICAI e-Services portal at eservices.icai.org.

Posted in Students | 2733 Views

PFRDA Amends NPS Exit & Withdrawals Regulations 2015

22 December 2025 at 06:39

PFRDA has notified key amendments to NPS Exit and Withdrawal Regulations, 2015, offering higher lumpsum withdrawals, flexible annuity options, removal of lock-in period and extended exit age up to 85 years.

Posted in Corporate Law | 111 Views

Net Direct Tax Collections Rise 8% in FY 2025-26 Till 17th December

20 December 2025 at 08:09

India's net direct tax collections rose 8% to Rs 17.05 lakh crore in FY 2025-26 (till Dec 17), aided by lower refunds and higher corporate tax inflows.

Posted in Income Tax | 252 Views

CBIC Enables Post-Clearance Revision of Bills of Entry via ICEGATE Under Section 18A

20 December 2025 at 07:50

CBIC has enabled voluntary post-clearance revision of Bills of Entry under Section 18A of the Customs Act through a new ICES module on ICEGATE, allowing amendment, deletion, and addition of records.

Posted in Custom | 324 Views

Over 60,000 MSME Claims Cleared Under Vivad se Vishwas Scheme, Govt Tells Lok Sabha

20 December 2025 at 07:23

Government steps up ease of doing business for MSMEs with revised MSME criteria, credit guarantee schemes, procurement reforms and post-Covid relief measures.

Posted in Corporate Law | 168 Views