CAclubindia News

CBDT Clarifies Tax Treatment of BSNL and MTNL VRS-2019 Compensation Under Section 10(10C)

24 October 2026 at 09:26

CBDT clarifies that BSNL and MTNL VRS-2019 ex-gratia compensation falls under Section 10(10C), not Section 10(10B), of the Income-tax Act.

Posted in Income Tax | 2 comments | 1125 Views

New RBI Export Rules Raise Paperwork Concerns for Freelancers and Small Businesses

24 October 2026 at 09:15

RBI's new FEMA export rules have raised paperwork concerns for freelancers and small businesses. Know EDF requirements, exemptions and proposed relief.

Posted in Investments & Personal Finance | 1 comments | 1008 Views

MCA21 V3 Portal Login Failures and Errors Disrupt Annual Return Filings for Professionals

24 October 2026 at 09:09

MCA21 V3 portal glitches disrupt annual filings, including AOC-4 and MGT-7. ICSI seeks an extension till December 31, 2026, without additional fees.

Posted in Corporate Law | 1 comments | 1740 Views

GST Reforms to Begin from 1st Nov 2026: Major Changes from April 2027

23 October 2026 at 09:32

CBIC announces phased GST reforms from November 1, 2026, covering ITC verification, automated refunds and small trader compliance, with major legal changes targeted for April 2027.

Posted in GST | 1 comments | 8412 Views

Equity Tax Debate Intensifies as Investors Seek STT and LTCG Relief

23 October 2026 at 09:24

Indian investors seek relief from STT and 12.5% LTCG tax amid market losses and foreign fund outflows. Know the key concerns and Budget expectations.

Posted in Income Tax | 1 comments | 4095 Views

CBIC Appoints Common Adjudicating Authority for 7 Customs Notices Against Amway India

23 October 2026 at 09:18

CBIC Notification No. 87/2026-Customs (N.T.) appoints a common adjudicating authority for seven specified customs show cause notices issued to Amway India Enterprises Pvt. Ltd.

Posted in Custom | 1 comments | 153 Views

GST Council Proposes Removing ITC Blocks to Reduce Business Tax Costs

22 October 2026 at 09:29

The GST Council proposes easing ITC restrictions on health insurance, telecom towers, pipelines, free samples and destroyed goods, subject to legal amendments.

Posted in GST | 1 comments | 2490 Views

GST Council Proposes Simpler Compliance Amid Heavy Tax Payments and ITC Challenges

22 October 2026 at 09:23

Explore GST Council recommendations on automatic registration, faster refunds, simplified GSTR-9 filing and measures to reduce ITC disputes and compliance burdens.

Posted in GST | 1 comments | 1926 Views

ICAI Announces CA Foundation Mock Test Papers for January 2027 Exams

22 October 2026 at 09:17

ICAI announces CA Foundation January 2027 mock test dates for Series I and II, with subject-wise schedules, registration details and answer key updates.

Posted in Students | 1 comments | 375 Views