CAclubindia News

Union Budget 2026-27 to Be Presented on 1st February, Sunday

13 January 2026 at 09:26

Union Budget 2026-27 will be presented on February 1 at 11 AM in Lok Sabha. Parliament’s Budget Session begins January 28 and continues till April 2 in two phases.

Posted in Union Budget | 387 Views

ICAI Revises Eligibility Criteria for Industrial Training Empanelment From 1st January 2026

13 January 2026 at 07:07

ICAI has revised eligibility criteria for empanelment of organisations to impart Industrial Training, effective January 1, 2026, under Regulation 51(2)(b).

Posted in Professional Resource | 78 Views

CBIC Session Highlights Expanded Role of Auditors Under GST 2.0

13 January 2026 at 07:07

GST 2.0 marks a reset of India’s indirect tax system by simplifying rates, tightening compliance and speeding up dispute resolution, says Guntur Audit Commissioner Anand Kumar.

Posted in GST | 54 Views

CBIC Warns Taxpayers Against Fake GST Notices, Urges DIN Verification

13 January 2026 at 07:07

CBIC has warned taxpayers about fake GST notices and summons being sent by fraudsters. Businesses are advised to verify DIN on the CBIC portal and report fraud immediately.

Posted in GST | 36 Views

Special Deposit Scheme Interest Rate Fixed at 7.1% for Jan-March 2026

12 January 2026 at 07:01

The Ministry of Finance has announced the interest rate applicable to deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds for the last quarter of the current financial year.As per a notification i

Posted in Others | 201 Views

Mandatory Service Charge by Restaurants Illegal: CCPA Takes Action Against 27 Establishments

12 January 2026 at 07:01

Following a Delhi High Court ruling, the CCPA penalised 27 restaurants for mandatory levy of service charge in violation of consumer law.

Posted in Service Tax | 873 Views

FM Sitharaman Chairs Pre-Budget 2026-27 Consultations with States and UTs

12 January 2026 at 07:01

Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.

Posted in Union Budget | 738 Views

ICAI Extends CPE Compliance Deadline for Calendar Year 2025 to March 31, 2026

12 January 2026 at 07:01

ICAI extends CPE hours compliance deadline for Calendar Year 2025 to March 31, 2026. Relief for CAs as ULA filing date also extended; revised applicability of consequential provisions announced.

Posted in Professional Resource | 1182 Views

Customs Duty Amnesty, Rate Rationalisation Likely on Budget 2026-27 Wishlist

12 January 2026 at 07:01

Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.

Posted in Union Budget | 555 Views

Record Goods Movement in December as E-Way Bill Generation Surges 23.6%

12 January 2026 at 07:01

India's e-way bill generation rose 23.6% YoY to a record 138.39 million in December, GSTN data shows, reflecting GST 2.0 reforms and stronger consumption.

Posted in GST | 162 Views