CBIC issues corrigendum to Central Excise notifications dated 31 December 2025, correcting authority references, timelines, rule numbers and tobacco classification.
GSTN issues advisory on RSP-based valuation for notified tobacco goods effective 1 February 2026, clarifying GST computation and reporting in e-Invoice, e-Way Bill and GSTR-1.
ICAI has announced Mock Test Papers Series I & II for CA Foundation May 2026 exams. Check complete schedule, mode, registration process and answer key details.
Ahead of Budget FY 2026-27, experts expect focus on tax simplification, higher disposable income and smoother GST 2.0 implementation rather than big giveaways.
Delhi High Court asks tax authorities to shun revenue-first mindset and adopt a justice-oriented approach while granting Section 197 nil or lower TDS certificates.
The Union Cabinet has approved Rs 5000 crore equity support to SIDBI to enhance credit flow to MSMEs. The move is expected to add 25.74 lakh new MSME beneficiaries and strengthen SIDBI's capital adequacy.
Income Tax officers have flagged unrealistic targets, staff shortages and infrastructure gaps, seeking an urgent meeting with the CBDT amid refund delays and rising complaints.
Delhi Police EOW is probing Rs 374 crore GST fraud after identity documents were misused to create fake firms and show bogus transactions without victims' knowledge.
A Customs inspector in Ahmedabad has been arrested by the Directorate of Revenue Intelligence for allegedly facilitating a crores-worth IGST and cess refund fraud using fake energy drink exports and fictitious firms.
ICAI announces Mock Test Paper Series I & II for CA Intermediate May 2026 exams. Check dates, subject-wise schedule, physical & virtual mode details, and answer key updates.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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Gupta Sachdeva & Co. Chartered Accountants
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