CAclubindia News


Time Limits for Issuing IT Notices and Completing Assessments Under Income Tax Act 2025

   20 August 2026 at 09:05

The Income Tax Department has outlined the time limits for issuing scrutiny, reassessment and other income-tax notices, along with assessment completion deadlines under the Income-tax Act, 2025 as amended by Finance Act, 2026.

Posted in Income Tax  2 comments |   23481 Views


Income Tax Department Undertakes Verification of Suspicious Foreign Remittances by 394 Entities

   19 August 2026 at 09:34

CBDT launches nationwide verification of suspicious foreign remittances involving 394 entities and 36 professionals, including Form 15CB certificate issuers.

Posted in Income Tax |   717 Views


PM CARES Fund Reports Rs 8452 Crore Balance as Spending Remains Minimal in FY 2024-25

   19 August 2026 at 09:29

The PM CARES Fund ended the financial year 2024-25 with a balance of around Rs 8,452 crore, according to audited financial statements made available on the fund's website. The figures have renewed public interest in the fund's receipts, expenditure,

Posted in Audit |   3153 Views


ICAI Convocation 2026: Check Eligible Members, Cities and Key Details

   19 August 2026 at 09:20

ICAI will hold its Convocation on September 12, 2026, across 23 cities. Check eligibility, centres, membership/COP certificates and CA Final rank-holder felicitation details.

Posted in Students |   11100 Views


ICAI Extends Deadline for Feedback on CA Education and Training Scheme to 31st August 2026

   19 August 2026 at 09:13

ICAI extends the deadline for feedback on the Chartered Accountancy Scheme of Education and Training to August 31, 2026. Submit feedback online.

Posted in Students |   5889 Views


16-Year-Old Lakshmanan Meyyappan Enters Guinness World Records as Youngest Chartered Accountant

   18 August 2026 at 09:30

Lakshmanan Meyyappan has been recognised by Guinness World Records as the world's youngest Chartered Accountant at just 16 years and 141 days, inspiring aspiring finance professionals globally.

Posted in Students |   10779 Views


E-Payment of Direct Taxes Under Income Tax Act 2025: Rules, Modes and Process Explained

   18 August 2026 at 09:19

Learn the e-payment rules for direct taxes under the Income-tax Act, 2025, including mandatory taxpayers, payment modes, eligible taxes and the online payment process.

Posted in Income Tax |   4044 Views


Capital Gains Exemptions Under Income Tax Act 2025

   18 August 2026 at 09:14

Explore capital gains exemptions under Sections 82 to 88 of the Income-tax Act, 2025, including house property, agricultural land, bonds and industrial assets.

Posted in Income Tax |   54408 Views


ICAI CA Foundation & Intermediate Admit Card September 2026 Released

   17 August 2026 at 12:42

ICAI has released CA Foundation and Intermediate September 2026 admit cards. Download your hall ticket from the SSP portal before the exam.

Posted in Students |   7242 Views


IGST Settlement 2026: New Rules Address ITC Reversals, Credit Alignment and Clarity

   17 August 2026 at 09:21

The Government has outlined steps taken to strengthen the mechanism for apportionment and settlement of Integrated Goods and Services Tax (IGST) revenue between the Centre and States. The issue was addressed in Rajya Sabha Unstarred Question No. 1838

Posted in GST  1 comments |   3315 Views



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