CAclubindia News


PFMS Users Can Now Authenticate Using PAN or Bank Account Under Revised Aadhaar Rules

   08 July 2026 at 09:35

Finance Ministry has revised the PFMS Aadhaar authentication notification, enabling verification through bank account or PAN-based OTP and extending coverage to both PFMS web and mobile applications.

Posted in Income Tax |   2469 Views


CBDT Grants Tax Exemption to NCCL's Core Settlement Guarantee Fund Till AY 2026-27

   08 July 2026 at 09:29

The Central Government has granted tax-exempt status to NCCL's Core Settlement Guarantee Fund under Section 10(23EE) for AY 2019-20 to 2026-27.

Posted in Income Tax |   1539 Views


Centre Expands NPS Investment Options for Employees of Autonomous Bodies

   08 July 2026 at 09:23

Finance Ministry extends additional NPS investment choices to Central Autonomous Body employees, allowing better alignment with risk and retirement goals.

Posted in Investments & Personal Finance |   117 Views


Finance Ministry Notifies 7.1% Interest on Special Deposit Scheme Deposits for Q2 FY 2026-27

   07 July 2026 at 09:17

The Finance Ministry has notified a 7.1% interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds for the period July 1 to September 30, 2026.

Posted in Investments & Personal Finance |   279 Views


ICAI Denies Social Media Claims of Data Breach, Assures Students and Members of Robust Data Security

   07 July 2026 at 09:15

ICAI has dismissed social media allegations of a data breach involving members' records and examination data, calling the claims false, baseless, and malicious while assuring stakeholders that its data security systems remain robust.

Posted in Students |   2169 Views


Finance Ministry Grants Aadhaar Authentication Permission to Home First Finance

   06 July 2026 at 09:25

The Ministry of Finance has authorised Home First Finance Company India Ltd. to carry out Aadhaar authentication under the Prevention of Money-laundering Act, 2002, enabling streamlined customer verification and compliance processes.

Posted in Investments & Personal Finance |   282 Views


ICAI Introduces New Tax Audit Count Tracking Feature on UDIN Portal

   06 July 2026 at 09:16

ICAI's UDIN Portal now features a dedicated Tax Audit Count Dashboard, allowing Chartered Accountants to monitor tax audit assignments, UDIN generation status, and remaining audit limits in real time.

Posted in Audit |   2658 Views


ICAI Proposes Higher Stipend for CA Articleship Students Under Draft Amendment Regulations, 2026

   05 July 2026 at 11:40

ICAI has released draft Chartered Accountants (Amendment) Regulations, 2026 proposing revised minimum stipend rates for CA articled assistants. The proposed changes increase monthly stipends across cities and invite stakeholder comments within 30 days.

Posted in Students |   49311 Views


CBDT Condones Delay in Filing Form 10AB for 80G Approval Applications Till 31st March 2026

   04 July 2026 at 10:04

CBDT Circular No. 06/2026 condones delay in filing Form 10AB for renewal of Section 80G approval. Know eligibility, timelines, implications, and relief available to charitable institutions.

Posted in Income Tax |   4713 Views


CBDT Notifies TDS Exemption on Aircraft Lease Rentals Paid to IFSC Units Under Income Tax Act, 2025

   04 July 2026 at 09:45

CBDT has notified that no TDS will be deducted on aircraft lease rent and supplemental lease rent paid to eligible IFSC units under the Income Tax Act, 2025. The exemption is effective from April 1, 2026, subject to specified conditions.

Posted in Income Tax |   3639 Views



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