CAclubindia News

India Moves to Shield UPI Users from New Merchant Fees

25 September 2026 at 09:04

India's new UPI MDR rules from October 15, 2026 will apply a 0.4% fee to specified merchant payments above Rs 2000. Know who pays, exemptions, Rs 300 cap and how the government plans to protect consumers.

Posted in Taxpayers Corner | 1 comments | 2142 Views

BJP Pali District President Seeks Tax Audit Due Date Extension for AY 2026-27

25 September 2026 at 08:59

BJP Pali district president Sunil Kumar Bhandari has urged Finance Minister Nirmala Sitharaman to extend the AY 2026-27 tax audit deadline from September 30 to October 31.

Posted in Income Tax | 1 comments | 24432 Views

CBIC Appoints Common Adjudicating Authority for Tirupati Udyog Customs Matter

24 September 2026 at 09:18

CBIC appoints the Principal Commissioner or Commissioner of Customs, Hyderabad, as adjudicating authority for a 2008 show cause notice issued to Tirupati Udyog Limited.

Posted in Custom | 1 comments | 282 Views

CA Exams January 2027: ICAI Announces Foundation and Intermediate Exam Schedule

23 September 2026 at 17:53

ICAI has officially released the exam schedule for CA Foundation and Intermediate January 2027. Check full timetable, key dates, and official guidelines here!

Posted in Students | 1 comments | 35067 Views

Bombay HC Quashes Rs 79.7 Crore GST Demand on Karan Johar Firms, Says Films Are Not IT Software

24 September 2026 at 09:08

The Bombay High Court has delivered a significant ruling on the GST classification of cinematographic films, providing relief to film production companies Dharma Productions Pvt. Ltd. and Dharmatic Entertainment Pvt. Ltd.The Court has quashed a GST d

Posted in GST | 1 comments | 3255 Views

MP P.P. Chaudhary Urges FM Sitharaman to Extend Tax Audit Due Date to 31st October 2026

24 September 2026 at 09:08

MP P.P. Chaudhary has urged FM Nirmala Sitharaman to extend the AY 2026-27 tax audit due date from 30th September to 31st October 2026.

Posted in Income Tax | 2 comments | 10947 Views

Rajasthan HC Seeks CBDT Clarity on Tax Audit Due Date Extension 2026: Final Instructions on 29th September

23 September 2026 at 10:08

Rajasthan HC seeks clear CBDT instructions on the Tax Audit Deadline Extension for AY 2026-27. Matter listed tomorrow for final instructions.

Posted in Income Tax | 1 comments | 93621 Views

NPCI Clarifies GST on UPI MDR: Small Merchants and 96% Transactions to Remain Unaffected

23 September 2026 at 09:23

NPCI clarifies GST on UPI MDR, stating that transactions up to Rs 2000 and eligible small merchants remain under zero MDR, while around 96% of P2M payments remain unaffected.

Posted in GST | 1 comments | 3327 Views

CBDT Notifies New TDS Reporting Requirements for Property Transactions in Form 141 from 1st October 2026

23 September 2026 at 09:12

CBDT has notified the Income-tax (Fifth Amendment) Rules, 2026, introducing new TDS reporting requirements for immovable property transfers and updating Form 141 from October 1, 2026.

Posted in Income Tax | 1 comments | 7524 Views

UPI MDR on Transactions Above Rs 2000: FM Sitharaman Clarifies Who Will Pay

22 September 2026 at 10:22

Finance Minister Nirmala Sitharaman clarifies that UPI MDR will not be passed on to consumers. Know the 0.4% MDR rule, Rs 300 cap and transactions affected.

Posted in Taxpayers Corner | 1 comments | 8283 Views