CAclubindia News

GST Rate Changes Notified for Beverage Categories from 1st May 2026

01 May 2026 at 09:25

Government notifies GST rate amendments for beverage categories under HSN 2202, effective May 1, 2026. Check IGST, CGST, and UTGST changes and compliance impact.

Posted in GST | 75 Views

Delhi Introduces Lottery-Based GST Officer Posting System to Boost Transparency

01 May 2026 at 09:23

Delhi CM Rekha Gupta introduces a lottery-based GST posting system, allotting 87 officers through a transparent public draw. A major step toward fair and accountable governance.

Posted in GST | 33 Views

Form 183 under Income Tax Act, 2025: Mandatory Audit Report for Oil & Gas Sector

01 May 2026 at 09:20

OverviewThe introduction of Form No. 183 under the Income Tax Act, 2025 marks a significant compliance requirement for businesses engaged in petroleum and natural gas operations in India. This audit report is essential for claiming deductions under S

Posted in Income Tax | 54 Views

ICAI Rejects Claims of Low ROI in CA Profession, Calls Report Misleading

01 May 2026 at 09:15

ICAI refutes misleading claims about low ROI and salaries in the CA profession, highlighting strong career growth, global demand and high earning potential for Chartered Accountants.

Posted in Students | 141 Views

Income Tax Rules 2026: PAN Now Mandatory for Post Office Transactions

30 April 2026 at 09:51

India Post implements Income-Tax Rules 2026 from April 1. PAN now mandatory for key transactions, Forms 15G/15H replaced by Form 121. Know compliance rules, deadlines and new reporting framework.

Posted in Income Tax | 4518 Views

New Tax Rule 2026: Form 172 Filing Made Mandatory for Investment Funds in India

30 April 2026 at 09:38

Form 172 under the Income-tax Act, 2025 replaces Form 3CEJA and mandates certified reporting for eligible investment funds to ensure compliance, transparency and protection from business connection risks in India.

Posted in Income Tax | 1986 Views

ICAI Convocation May 2026 Announced: Date, Cities & Eligibility Details

30 April 2026 at 09:38

ICAI announces Convocation May 2026 on 23rd May across major cities. New members (Dec 2025-Apr 2026) to receive CoM/COP; CA Final Jan 2026 rank holders to be felicitated.

Posted in Students | 2019 Views

Rs 397 Crore Bogus Invoice Scam Busted by CGST Delhi

29 April 2026 at 09:24

CGST Delhi South busts Rs 60.59 crore fake ITC fraud using bogus invoices worth Rs 397.23 crore; key accused arrested under CGST Act for tax evasion.

Posted in GST | 315 Views

Form 185: New PF Reporting Rules Under Income Tax Act 2025

29 April 2026 at 09:21

OverviewThe Income-tax framework continues to evolve with structured compliance mechanisms, and Form 185 has emerged as a key documentation requirement for Recognised Provident Funds (RPFs). Introduced under the Income-tax Rules, 2025, this form stan

Posted in Income Tax | 3366 Views

Form 122 under IT Act 2025: New Tax Declaration for Salaried Employees

29 April 2026 at 09:18

Form 122 under the Income-tax Act 2025 replaces Forms 12B & 12BAA, enabling salaried employees to report multiple incomes, claim TDS credits, and reduce excess tax deductions. Learn key details, benefits, FAQs and filing process.

Posted in Income Tax | 5400 Views