CAclubindia News

Big Relief for Taxpayers: FM Sitharaman Allows ITR Updates Even After Reassessment Proceedings

26 March 2026 at 09:29

Finance Minister Nirmala Sitharaman announces major taxpayer relief measures, including updated ITR filing after reassessment, NRI foreign asset disclosure scheme, and simplified travel and TDS rules in Finance Bill 2026.

Posted in Income Tax | 6678 Views

Lok Sabha Passes Finance Bill 2026 with 32 Amendments

26 March 2026 at 09:29

Lok Sabha passes Finance Bill 2026 with 32 amendments after FM Nirmala Sitharaman's reply. Key bills introduced in Rajya Sabha; Budget Session may end early due to upcoming state elections.

Posted in Union Budget | 3765 Views

Income Tax Scam Alert: Fake Email on Return Filing Compliance Exposed

26 March 2026 at 09:28

PIB Fact Check warns taxpayers about a fake Income Tax email claiming compliance gaps. Learn how to identify phishing attempts and stay safe online.

Posted in Income Tax | 243 Views

Govt Clarifies LPG Refill Booking Rules: No Change in Timelines, Rumours Debunked

26 March 2026 at 09:26

Government clarifies that no changes have been made to LPG refill booking timelines. Existing limits remain 25 days in urban areas and 45 days in rural areas. Citizens advised to ignore misinformation and avoid panic booking.

Posted in Others | 99 Views

No Formal Analysis on GST Rate Changes' Fiscal Impact, Govt Informs Lok Sabha

26 March 2026 at 09:25

Minister of State for Finance Pankaj Chaudhary told Lok Sabha that no formal study has been conducted on the inflation or revenue impact of GST rate rationalisation, though reforms aim to boost affordability and growth.

Posted in GST | 867 Views

Government Moves to Simplify Income Tax Laws, Reduce Litigation: MoS Finance

26 March 2026 at 09:21

Minister of State for Finance Pankaj Chaudhary informed Parliament that the government is simplifying income tax laws, reducing litigation and introducing automated systems for TDS compliance under the Finance Bill 2026.

Posted in Income Tax | 270 Views

GSTAT Releases List of Selected Legal Researchers for 2026 Contractual Engagement

26 March 2026 at 09:20

The Goods and Services Tax Appellate Tribunal (GSTAT) has released the shortlist of candidates for Legal Researcher (Contractual) positions at its Principal Bench. Check selected candidates, waiting list and key deadlines.

Posted in GST | 99 Views

CBIC Rolls Out SOP for Verification of Machines Under HSNS Cess Rules, 2026

26 March 2026 at 09:20

CBIC releases a detailed SOP for verification of machine declarations under HSNS Cess Rules and Capacity Determination Rules, 2026, involving QCI for technical validation and stricter compliance monitoring.

Posted in GST | 108 Views

RBI, IRDAI & SEBI Step Up Drive to Help Citizens Reclaim Rs 73,000+ Crore Unclaimed Assets

25 March 2026 at 09:24

RBI, IRDAI and SEBI enhance measures to help citizens reclaim unclaimed deposits, insurance and mutual fund assets. Rs 5,777 crore returned across 22.95 lakh claims under nationwide campaign with digital portals and simplified processes.

Posted in Others | 294 Views

RBI Unveils Revised Framework to Combat Digital Banking Fraud with AI Tools

25 March 2026 at 09:24

The Reserve Bank of India proposes revised rules on unauthorised electronic transactions, introducing compensation for small frauds, AI-based detection tools, and stronger safeguards against mule accounts and cyber fraud.

Posted in Others | 141 Views