CAclubindia News

New Tax Payment Challans Go Live on Income Tax Portal from 1st April 2026 Under IT Act 2025

03 April 2026 at 09:14

New tax payment challans under the Income Tax Act, 2025 are now live on the Income Tax e-Filing Portal from April 1, 2026. Know applicability, steps and key details.

Posted in Income Tax | 504 Views

ICAI President Urges CAs to Embrace AI, Ethics and Adaptability Amid Global Disruptions

03 April 2026 at 09:13

ICAI President highlights the role of AI, ethics, and adaptability in shaping the future of Chartered Accountants, alongside key updates on accounting standards, digital assurance and global collaborations.

Posted in Professional Resource | 66 Views

Finance Ministry Sets 7.1% Interest Rate for Special Deposit Scheme for Q1 FY 2026-27

03 April 2026 at 09:13

Finance Ministry sets 7.1% interest rate for Special Deposit Scheme for non-government provident, gratuity, and superannuation funds from April to June 2026.

Posted in Others | 30 Views

ICAI Announces One-Time UDIN Relaxation: Generate Missed UDINs by April 30, 2026

03 April 2026 at 09:12

ICAI grants one-time relaxation for generating missed UDINs for documents signed between Oct 22 and Nov 22, 2025. Window open from April 1 to April 30, 2026.

Posted in Professional Resource | 87 Views

GST Collections Touch Rs 2 Lakh Crore in March 2026, Up 8.8% YoY

02 April 2026 at 09:30

India's GST collections for March 2026 surged to Rs 2,00,064 crore, marking 8.8% YoY growth. Annual GST revenue crossed Rs 22.27 lakh crore, driven by strong import collections and steady domestic performance.

Posted in GST | 291 Views

ICAI Clarifies Applicability of Financial Statement Guidance Notes for LLPs and Non-Corporates from FY 2025-26

02 April 2026 at 09:30

ICAI announces phased applicability of Guidance Notes on Financial Statements for Non-Corporate Entities and LLPs from FY 2025-26. Entities above Rs 5 crore turnover to comply from April 1, 2025 and all entities from April 1, 2026.

Posted in Corporate Law | 525 Views

ICAI Defers Implementation of SQM 1 & SQM 2; SQC 1 to Continue Until Further Notice

02 April 2026 at 09:29

ICAI has deferred the mandatory implementation of SQM 1 and SQM 2, originally effective from April 1, 2026. Until further notice, the existing SQC 1 standard will continue to apply to audit and assurance firms.

Posted in Audit | 345 Views

New PAN Correction Rules 2026: CBDT Introduces Forms PAN CR-01 & CR-02

02 April 2026 at 09:26

CBDT introduces new PAN correction forms (PAN CR-01 & CR-02) effective April 1, 2026, alongside the Finance Act 2026 notification. Check updated procedures, compliance rules and key tax insights.

Posted in Income Tax | 4017 Views

CBDT Introduces New DIN Rules for Income Tax Notices in 2026

02 April 2026 at 09:26

CBDT Circular 4/2026 mandates DIN for all income-tax communications. Check new rules, exceptions, approval process, and compliance requirements.

Posted in Income Tax | 3939 Views

Customs Amendment 2026: Relief for SEZ Goods Entering Domestic Market

02 April 2026 at 09:22

Government notifies Customs exemption for SEZ units on DTA supplies from April 1, 2026. Check key rates, conditions, sectors covered and impact on industry.

Posted in Custom | 324 Views