ICAI has issued an Extraordinary Gazette Notification removing several Chartered Accountants from the register of members due to non-payment of prescribed fees under the Chartered Accountants Act, 1949. Check key details, effective date and implications.
RBI issues Foreign Exchange Management (Authorised Persons) Regulations, 2026 to simplify forex authorisation, expand the principal-agent model and strengthen India's foreign exchange regulatory framework under FEMA.
The IT Dept has introduced simplified Master File and CbCR forms under the IT Act, 2025. Effective from April 1, 2026, the new Forms 56 to 60 aim to simplify transfer pricing compliance
Form 41 replaces Form 10F under the Income Tax Act 2025. Non-residents can claim DTAA benefits online without PAN/Aadhaar via a simplified e-filing process.
Government of India forms Hindi Salahkar Samiti under Ministry of Corporate Affairs to promote official language Hindi. Check members, tenure, functions and key details.
Income Tax Department updates SFT reporting rules for 2026. Check thresholds, Form 165 filing, penalties and high-value transaction reporting requirements.
India's direct tax collections for FY 2025-26 rose 5.12% to Rs 23.40 lakh crore, driven by strong non-corporate tax growth and improved compliance, as per CBDT data.
MCA urges stakeholders to file LLP Form 11 for FY 2025-26 by May 30, 2026. Check filing steps, due date and avoid late fees on the MCA portal.
DFS Secretary M. Nagaraju reviews strategy documents of LIC, GIC Re and Oriental Insurance, stressing insurance inclusion, digital expansion, and improved efficiency.
ICAI invites candidates to submit observations on CA Final, Inter, Foundation & INTT-AT May 2026 exam papers. Check deadline, process and required details.
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