CAclubindia News

RBI, IRDAI & SEBI Step Up Drive to Help Citizens Reclaim Rs 73,000+ Crore Unclaimed Assets

25 March 2026 at 09:24

RBI, IRDAI and SEBI enhance measures to help citizens reclaim unclaimed deposits, insurance and mutual fund assets. Rs 5,777 crore returned across 22.95 lakh claims under nationwide campaign with digital portals and simplified processes.

Posted in Others | 1134 Views

RBI Unveils Revised Framework to Combat Digital Banking Fraud with AI Tools

25 March 2026 at 09:24

The Reserve Bank of India proposes revised rules on unauthorised electronic transactions, introducing compensation for small frauds, AI-based detection tools, and stronger safeguards against mule accounts and cyber fraud.

Posted in Others | 420 Views

Income Tax Department Launches 'Form Wizard' to Simplify ITR Filing for Taxpayers

25 March 2026 at 09:23

Form Wizard simplifies income tax filing by guiding users to the right ITR forms, schedules and statutory requirements with ease.

Posted in Income Tax | 3639 Views

CBDT Launches 'Reckoner' Tool to Simplify Income Tax Provisions for Taxpayers

25 March 2026 at 09:22

Income Tax Department's Reckoner simplifies tax laws with quick access to key provisions, tools and insights for faster, accurate compliance.

Posted in Income Tax | 1 comments | 6459 Views

Form 10A Delay Relief: CBDT Clarifies Authority for Trust Registration Under Income Tax Act

25 March 2026 at 09:22

CBDT Circular No. 01/2026 clarifies that PCIT/CIT can condone delays in filing Form 10A under Section 12A of the Income Tax Act, providing major relief to trusts and institutions.

Posted in Income Tax | 5424 Views

Ministry of Finance Designates Vice Presidents for GSTAT Benches Nationwide

25 March 2026 at 09:22

Government appoints Vice Presidents for GSTAT State Benches under CGST Act, 2017 to strengthen GST dispute resolution and improve tribunal efficiency across India.

Posted in GST | 492 Views

RBI & NABARD Strengthen Cooperative Bank Governance with New Safeguards

24 March 2026 at 09:24

Strengthening cooperative bank governance, RBI and NABARD introduce key safeguards through amendments to the Banking Regulation Act and Multi-State Cooperative Societies Act, 2002, enhancing transparency, accountability, and depositor protection.

Posted in Others | 123 Views

PM Modi Addresses Lok Sabha on West Asia Conflict, Highlights India's Economic & Security Concerns

24 March 2026 at 09:24

Prime Minister Narendra Modi addressed the Lok Sabha on the ongoing West Asia conflict, highlighting its impact on global economy, India's energy security, and trade routes.

Posted in Others | 132 Views

CBDT Approves Ahmedabad University for Scientific Research Under Section 35 of Income Tax Act

24 March 2026 at 09:23

CBDT approves Ahmedabad University for scientific research under Section 35 of the Income-tax Act. Check validity, conditions, Form 10BD/10BE compliance and tax benefits.

Posted in Income Tax | 513 Views

CBIC Advisory on SEZ Courier Shipments via ICEGATE: New Filing Rules for Imports & Exports

24 March 2026 at 09:23

CBIC introduces new ICEGATE functionality for SEZ courier shipments. Check updated filing rules, importer/exporter flags and compliance requirements for 2026.

Posted in Custom | 693 Views