CAclubindia News

Draft Income Tax Rules & Forms 2026 Released for Public Feedback Till 22nd February

09 February 2026 at 06:51

Draft Income-tax Rules and Forms 2026 released for public feedback till 22nd Feb 2026, introducing simplified rules, smart forms, reduced compliance and tech-driven filing under the new Income-tax Act, 2025.

Posted in Income Tax | 1 comments | 468 Views

Draft Income Tax Rules, 2026 Released: Major Changes in Capital Gains, Perquisites and Non-Resident Taxation

09 February 2026 at 06:52

Draft Income Tax Rules, 2026 notified from April 1, 2026. Check key changes in capital gains, perquisites, valuation, residency and non-resident taxation.

Posted in Income Tax | 1 comments | 11535 Views

Income Tax Rules, 2026 Notified: Rule-Wise Comparison with Old IT Rules, 1962

09 February 2026 at 06:51

Income Tax Rules, 2026 modernise and restructure over 330 rules from the 1962 framework, enhancing clarity, digital compliance, faceless administration and ease of transition for taxpayers and professionals.

Posted in Income Tax | 1 comments | 14370 Views

Investors to Get Simpler TDS Exemption Filing Through Depositories

09 February 2026 at 06:50

Proposed tax amendment allows investors to file no-TDS declarations through depositories for dividends, interest and mutual fund income, reducing multiple compliance filings.

Posted in Union Budget & Policy | 1 comments | 681 Views

Income Tax Rates for FY 2026-27

09 February 2026 at 06:50

Finance Bill 2026 retains existing income tax rates for FY 2026-27. No change in slabs, surcharge or cess for individuals, firms & companies.

Posted in Income Tax | 1 comments | 1812 Views

Big Relief for Small NBFCs: RBI Removes Registration Requirement for Low-Risk Entities

09 February 2026 at 06:50

RBI proposes registration exemption for Type-I NBFCs with assets under Rs 1000 crore and removes prior approval for NBFC branch expansion.

Posted in Corporate Law | 1 comments | 1188 Views

Union Budget 2026-27 is a Roadmap to Viksit Bharat 2047: MoS Harsh Malhotra

07 February 2026 at 09:11

Minister of State Harsh Malhotra hailed Union Budget 2026-27 as a roadmap for Viksit Bharat 2047, highlighting infrastructure expansion, high-speed rail, expressways, skilling, AI and inclusive growth.

Posted in Union Budget & Policy | 1 comments | 804 Views

ICAI's Global Ascent: President's Message Highlights Reforms, WOFA 2.0 and International Leadership

07 February 2026 at 07:53

ICAI’s President reviews landmark initiatives including WOFA 2.0, ITEC programmes, audit reforms, sustainability reporting and ICAI's expanding global influence in the accounting profession.

Posted in Professional Resource | 1 comments | 420 Views

Section 332 Amended: Certain Funds Exempted from NPO Registration from April 2026

07 February 2026 at 07:53

Finance Bill 2026 amends section 332(1)(f) to exempt certain funds from mandatory NPO registration, effective from April 1, 2026.

Posted in Union Budget & Policy | 1 comments | 543 Views

Registered NPOs Get Relief as Commercial Activity No Longer a Specified Violation

07 February 2026 at 07:52

Finance Bill 2026 removes commercial activity by NPOs from the list of specified violations under section 351, reducing the risk of registration cancellation.

Posted in Union Budget & Policy | 1 comments | 2292 Views