CAclubindia News
CBIC Issues Instruction on Duty Drawback for Export of Unlocked Mobile Handsets
21 March 2026 at 10:40CBIC issues Instruction No. 02/2026 directing strict compliance with court rulings on duty drawback claims for export of unlocked mobile handsets by merchant exporters.
Government Launches RELIEF Scheme to Support Exporters Amid West Asia Logistics Crisis
21 March 2026 at 10:40Government approves RELIEF scheme under Export Promotion Mission to support exporters hit by West Asia logistics disruptions, offering risk coverage, cost relief and MSME support amid rising freight and insurance costs.
CBDT Directs IT Offices to Stay Open on 31st March 2026 for Financial Year-End Work
21 March 2026 at 10:40Income Tax offices will remain open on March 31, 2026, despite Mahavir Jayanti, as per the CBDT's Section 119 order to ensure smooth financial year-end compliance and pending work completion.
Finance Ministry Revises Monetary Threshold in FEMA Enforcement Cases: Key Changes Notified
20 March 2026 at 09:34Finance Ministry updates FEMA enforcement thresholds via notification dated March 18, 2026, revising case value limits to Rs 2-10 crore for improved classification, consistency, and regulatory clarity in foreign exchange violations.
Net Direct Tax Collections Rise 7.19% to Rs 22.8 Lakh Crore in FY26
20 March 2026 at 09:31India’s net direct tax collections grow 7.19% to Rs 22.8 lakh crore as of March 17, 2026, driven by strong advance tax payments and improved compliance.
Finance Ministry Clarifies No Legal Definition of HNIs Under Income Tax Act
20 March 2026 at 09:30Government clarifies no legal definition of HNIs under the Income-tax Act. Asset disclosure threshold raised to Rs 1 crore, with stricter foreign asset reporting and enhanced data-driven tax compliance measures.
ICAI Releases CA Final May 2026 Indirect Tax Laws Guidelines
19 March 2026 at 09:24ICAI clarifies GST and Customs law applicability for May 2026 CA Final exams. Get full details on syllabus and exclusions.
ICAI Releases GST Study Guidelines for CA Intermediate May 2026 Exams
19 March 2026 at 09:24CA Inter GST May 2026 syllabus is out. Know the latest ICAI guidelines, important amendments and excluded topics for effective preparation.
Major GST Reform: Goa Holds Property Owners Accountable for Event Taxes
19 March 2026 at 09:23Goa government tightens GST rules for events. Venue owners must report event details or face penalties, tax liability and possible imprisonment.
RBI Launches DLA Directory, Tightens Norms Against Illegal Loan Apps
19 March 2026 at 09:22Government and Reserve Bank of India tighten rules against fraudulent loan apps with DLA directory, cybercrime portal, and stricter enforcement to protect digital lending users.
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