CAclubindia News

CBIC Session Highlights Expanded Role of Auditors Under GST 2.0

13 January 2026 at 07:07

GST 2.0 marks a reset of India’s indirect tax system by simplifying rates, tightening compliance and speeding up dispute resolution, says Guntur Audit Commissioner Anand Kumar.

Posted in GST | 804 Views

CBIC Warns Taxpayers Against Fake GST Notices, Urges DIN Verification

13 January 2026 at 07:07

CBIC has warned taxpayers about fake GST notices and summons being sent by fraudsters. Businesses are advised to verify DIN on the CBIC portal and report fraud immediately.

Posted in GST | 1854 Views

Special Deposit Scheme Interest Rate Fixed at 7.1% for Jan-March 2026

12 January 2026 at 07:01

The Ministry of Finance has announced the interest rate applicable to deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds for the last quarter of the current financial year.As per a notification i

Posted in Community & General | 801 Views

Mandatory Service Charge by Restaurants Illegal: CCPA Takes Action Against 27 Establishments

12 January 2026 at 07:01

Following a Delhi High Court ruling, the CCPA penalised 27 restaurants for mandatory levy of service charge in violation of consumer law.

Posted in Service Tax | 1629 Views

FM Sitharaman Chairs Pre-Budget 2026-27 Consultations with States and UTs

12 January 2026 at 07:01

Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.

Posted in Union Budget & Policy | 1182 Views

ICAI Extends CPE Compliance Deadline for Calendar Year 2025 to March 31, 2026

12 January 2026 at 07:01

ICAI extends CPE hours compliance deadline for Calendar Year 2025 to March 31, 2026. Relief for CAs as ULA filing date also extended; revised applicability of consequential provisions announced.

Posted in Professional Resource | 2667 Views

Customs Duty Amnesty, Rate Rationalisation Likely on Budget 2026-27 Wishlist

12 January 2026 at 07:01

Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.

Posted in Union Budget & Policy | 1179 Views

Record Goods Movement in December as E-Way Bill Generation Surges 23.6%

12 January 2026 at 07:01

India's e-way bill generation rose 23.6% YoY to a record 138.39 million in December, GSTN data shows, reflecting GST 2.0 reforms and stronger consumption.

Posted in GST | 312 Views

Finance Ministry Year End Review 2025: Major Reforms by Department of Financial Services

12 January 2026 at 07:01

Ministry of Finance Year Ender 2025 highlights key achievements, reforms and initiatives of the Department of Financial Services across banking and finance.

Posted in Income Tax | 756 Views