CAclubindia News

PFRDA Policy Reforms: Banks to Manage NPS, New Trustees Appointed, IMF Rationalised

03 January 2026 at 06:43

PFRDA approves major NPS reforms allowing scheduled commercial banks to sponsor pension funds, appoints new NPS Trust trustees, revises Investment Management Fee slabs from April 1, 2026

Posted in Income Tax | 330 Views

GST Collections Rise 6.1% to Rs 1.75 Lakh Crore in December 2025

02 January 2026 at 09:32

GST collections rose 6.1% YoY to Rs 1.75 lakh crore in December 2025, driven by strong import GST and improved compliance, official data shows.

Posted in GST | 699 Views

GST on Pan Masala, Cigarettes to Be Levied on Retail Sale Price from 1st February 2026

02 January 2026 at 06:41

CBIC has notified RSP-based GST valuation for pan masala, cigarettes, and tobacco products through Notifications 19/2025 and 20/2025. New Rule 31D under CGST Rules comes into effect from February 1, 2026.

Posted in GST | 6210 Views

Centre Notifies Nil Compensation Cess on Several Goods from 1st February 2026

02 January 2026 at 06:41

The Centre has notified Nil compensation cess on several goods under GST through Notification No. 03/2025, effective from February 1, 2026, following GST Council recommendations.

Posted in GST | 2010 Views

MCA Revises Director KYC Norms, DIR-3-KYC Filing Required Once Every 3 Years

02 January 2026 at 06:41

MCA has amended Director KYC rules, allowing DIR-3-KYC Web filing once every three years from March 31, 2026, with mandatory updates on change in personal details.

Posted in Corporate Law | 8532 Views

MCA Amends Rules for Strike-Off of Government Companies, New Indemnity Norms Notified

02 January 2026 at 06:40

MCA has amended the Companies (Removal of Names) Rules, 2016, allowing authorised government officers to submit STK-3A indemnity bonds for strike-off of Government companies.

Posted in Corporate Law | 3081 Views

CBIC Notifies New Excise Rules for Tobacco Products from 1st February 2026

01 January 2026 at 08:11

The Centre has notified February 1, 2026, as the effective date for the Central Excise (Amendment) Act, 2025, introducing a machine-based excise duty regime for chewing tobacco, jarda scented tobacco and gutkha.

Posted in Excise | 3306 Views

Centre Notifies Major GST Rate Changes for Tobacco, Cigarettes and Biris from 1st February 2026

01 January 2026 at 08:09

Government notifies GST rate changes for tobacco, pan masala, cigarettes and biris. New higher GST slabs to apply from February 1, 2026, as Schedule VII is removed.

Posted in GST | 2952 Views

ICAI Defers Phase IV of Peer Review Mandate to 31st December, 2026

01 January 2026 at 07:18

ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.

Posted in Audit | 1725 Views

Ministry of Finance Year Ender 2025: DIPAM Advances Market-Oriented Reforms in CPSEs

01 January 2026 at 07:18

DIPAM played a key role in strengthening public finances in 2025, with CPSE dividend receipts rising to Rs 74,017 crore, successful Mazagon Dock OFS disinvestment.

Posted in Community & General | 246 Views