CAclubindia News

GST Collections Rise 6.1% to Rs 1.75 Lakh Crore in December 2025

02 January 2026 at 09:32

GST collections rose 6.1% YoY to Rs 1.75 lakh crore in December 2025, driven by strong import GST and improved compliance, official data shows.

Posted in GST | 693 Views

GST on Pan Masala, Cigarettes to Be Levied on Retail Sale Price from 1st February 2026

02 January 2026 at 06:41

CBIC has notified RSP-based GST valuation for pan masala, cigarettes, and tobacco products through Notifications 19/2025 and 20/2025. New Rule 31D under CGST Rules comes into effect from February 1, 2026.

Posted in GST | 6207 Views

Centre Notifies Nil Compensation Cess on Several Goods from 1st February 2026

02 January 2026 at 06:41

The Centre has notified Nil compensation cess on several goods under GST through Notification No. 03/2025, effective from February 1, 2026, following GST Council recommendations.

Posted in GST | 2004 Views

MCA Revises Director KYC Norms, DIR-3-KYC Filing Required Once Every 3 Years

02 January 2026 at 06:41

MCA has amended Director KYC rules, allowing DIR-3-KYC Web filing once every three years from March 31, 2026, with mandatory updates on change in personal details.

Posted in Corporate Law | 8526 Views

MCA Amends Rules for Strike-Off of Government Companies, New Indemnity Norms Notified

02 January 2026 at 06:40

MCA has amended the Companies (Removal of Names) Rules, 2016, allowing authorised government officers to submit STK-3A indemnity bonds for strike-off of Government companies.

Posted in Corporate Law | 3078 Views

CBIC Notifies New Excise Rules for Tobacco Products from 1st February 2026

01 January 2026 at 08:11

The Centre has notified February 1, 2026, as the effective date for the Central Excise (Amendment) Act, 2025, introducing a machine-based excise duty regime for chewing tobacco, jarda scented tobacco and gutkha.

Posted in Excise | 3303 Views

Centre Notifies Major GST Rate Changes for Tobacco, Cigarettes and Biris from 1st February 2026

01 January 2026 at 08:09

Government notifies GST rate changes for tobacco, pan masala, cigarettes and biris. New higher GST slabs to apply from February 1, 2026, as Schedule VII is removed.

Posted in GST | 2946 Views

ICAI Defers Phase IV of Peer Review Mandate to 31st December, 2026

01 January 2026 at 07:18

ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.

Posted in Audit | 1722 Views

Ministry of Finance Year Ender 2025: DIPAM Advances Market-Oriented Reforms in CPSEs

01 January 2026 at 07:18

DIPAM played a key role in strengthening public finances in 2025, with CPSE dividend receipts rising to Rs 74,017 crore, successful Mazagon Dock OFS disinvestment.

Posted in Community & General | 243 Views

CBIC Mandates Body-Worn Cameras for Customs Officers at International Airports to Boost Transparency

01 January 2026 at 07:18

CBIC mandates body-worn cameras for Customs officers at international airports to enhance transparency, accountability, and passenger trust. SOP issued under Instruction No. 34/2025.

Posted in Custom | 402 Views