CAclubindia News

Form 25 Under Income Tax Rules 2026: Key Rules for Medical Professionals

27 April 2026 at 09:13

The Income Tax Department releases FAQs on Form 25, detailing compliance rules for medical professionals, record-keeping requirements and key provisions under Rule 46 of Income-tax Rules, 2026.

Posted in Income Tax | 1 comments | 5313 Views

FM Sitharaman Flags 'Mythos' AI Threat, Urges Banks to Strengthen Cyber Defences

25 April 2026 at 09:21

Union Finance Minister Nirmala Sitharaman warns of emerging AI risks like 'Mythos' and directs banks to collaborate under SBI's leadership to strengthen cybersecurity and resilience.

Posted in Community & General | 1 comments | 1239 Views

FM Sitharaman Calls for Human Interface in Banking Despite Digital Push

25 April 2026 at 09:13

Finance Minister Nirmala Sitharaman stresses the need for a "human interface" in banking services, balancing digitisation with customer support, MSME funding and cybersecurity preparedness.

Posted in Community & General | 1 comments | 252 Views

New Form 34 for Tax Audit Assessees: 30% Deduction on Employee Cost

25 April 2026 at 09:13

Form 34 under the Income-tax Act, 2025 is now mandatory for claiming 30% deduction on additional employee cost. Check eligibility, due date and filing rules.

Posted in Income Tax | 1 comments | 3021 Views

MCA Issues Advisory to Improve Ticket Resolution on MCA Portal

24 April 2026 at 09:10

MCA has issued fresh guidelines for stakeholders to streamline ticket resolution on the MCA portal. Key steps include raising single tickets, reopening unresolved cases and submitting complete details for faster response.

Posted in Corporate Law | 1 comments | 2286 Views

Form 101: Inventory Valuation Rules Explained under IT Rules 2026

24 April 2026 at 09:04

New FAQs on Form 101 explain when inventory valuation report is required, who must file and key compliance rules under the updated tax framework.

Posted in Income Tax | 1 comments | 5634 Views

RBI Data Shows Moderation in Sales Growth of FDI Companies in India During FY25

24 April 2026 at 09:01

RBI data reveals FDI companies in India saw moderated sales growth at 8.7% in FY25, while profit after tax surged 22.2%, driven by strong services sector performance and improved financial stability.

Posted in Community & General | 1 comments | 186 Views

DIR-3 KYC Filing Gets Costly: MCA Notifies Rs 5000 Penalty for Late Filing

23 April 2026 at 09:06

MCA introduces new DIR-3 KYC filing fee rules under Companies Amendment Rules 2026. Late filing now attracts Rs 5000 penalty, while timely filing remains free.

Posted in Corporate Law | 1 comments | 4548 Views

CBDT Issues Form 38 FAQs on Foreign Remittance Certificate Under IT Rules 2026

23 April 2026 at 09:04

Income Tax Department issues FAQs on Form 38 under Income-tax Rules 2026, clarifying its role in foreign inward remittance reporting and compliance framework.

Posted in Income Tax | 1 comments | 4287 Views

Income Tax Department Engages Schools, Trusts on New Income Tax Act 2025

23 April 2026 at 09:02

Income Tax Department hosts outreach programme in New Delhi to highlight key features of the Income Tax Act, 2025, focusing on educational institutions, charitable trusts and tax reforms.

Posted in Income Tax | 1 comments | 267 Views