CAclubindia News


ICAI to implement 11 ISAS to Strengthen Digital Audits

   26 February 2026 at 08:40

The Institute of Chartered Accountants of India (ICAI) introduces 11 Information Systems Audit Standards (ISAs) to enhance audit quality and strengthen governance within India's fast-growing digital ecosystem.

Posted in Audit |   2406 Views


MCA Launches Companies Compliance Facilitation Scheme 2026 with Major Relief on Late Filing Fees

   25 February 2026 at 09:08

MCA introduces Companies Compliance Facilitation Scheme 2026 allowing companies to clear pending filings with just 10% additional fees. Scheme open till July 15, 2026.

Posted in Corporate Law |   5733 Views


Fake GST Officials Rob Rs 2.4 Crore Gold in Chennai

   25 February 2026 at 08:54

Two men, including a courier employee, were arrested in Chennai for impersonating GST officials and stealing 1.5kg gold jewellery worth Rs 2.4 crore near Guindy flyover. Full details here.

Posted in GST |   447 Views


Draft Form 165 Signals Stricter Financial Reporting Norms for Banks and Institutions

   25 February 2026 at 08:54

The Income Tax Department has released Draft Form 165 for reporting Specified Financial Transactions under the Income-tax Act 2025. Learn key reporting requirements, transaction coverage and compliance impact for banks, institutions and taxpayers.

Posted in Income Tax |   2169 Views


Rs 590 Crore IDFC First Bank Fraud: Full Timeline, Govt Funds Recovery, Market Impact Explained

   25 February 2026 at 08:54

IDFC First Bank faces scrutiny after a Rs 590 crore fraud linked to Haryana government accounts. Here's the timeline, investigation updates and market impact.

Posted in Others |   2028 Views


FM Sitharaman Warns Banks: Mis-Selling Financial Products is an Offence, RBI to Tighten Rules

   24 February 2026 at 08:58

Finance Minister Nirmala Sitharaman warns banks that mis-selling financial products is an offence as the RBI prepares stricter guidelines to improve transparency, compliance and customer protection.

Posted in Others |   3477 Views


Rs 1.25 Crore GST Notice Shocks Poor Potter in Uttar Pradesh, Alleges PAN Misuse

   24 February 2026 at 07:06

A poor potter from Uttar Pradesh alleges PAN and Aadhaar misuse after receiving a Rs 1.25 crore GST notice linked to fake firms. Read the full story.

Posted in GST |   411 Views


India-France Tax Treaty Updated: New Protocol Revises Capital Gains, Dividend Rules

   24 February 2026 at 07:05

India and France sign protocol to amend DTAA, revising capital gains rules, dividend tax rates, MFN clause and PE definition to boost tax certainty and investment flows.

Posted in Income Tax |   2805 Views


Credit Card Payments Above Rs 10 Lakh to Be Reported Under Proposed Tax Rules 2026

   24 February 2026 at 07:04

Draft Income-tax Rules 2026 tighten oversight on credit card usage with new reporting thresholds, perquisite rules, and compliance requirements explained.

Posted in Income Tax |   2859 Views


New Tax Draft Form Introduced for Provident and Gratuity Fund Nominations

   23 February 2026 at 06:54

Draft Form 184 under Draft Income Tax Rules 2026 introduces a new nomination format for provident and gratuity funds. Know key details, purpose and impact on employees.

Posted in Income Tax |   3438 Views



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