CAclubindia News


ICAI Issues Public Warning After Repeated Attempts to Gain Unauthorized Access to Its Digital Systems

   18 July 2026 at 09:24

ICAI has issued a public warning after detecting repeated unauthorized access attempts on its digital platforms. The Institute reaffirmed its zero-tolerance policy on cybercrime and advised users to use only official ICAI websites and applications.

Posted in Professional Resource |   1629 Views


Core Industries Index Overhauled with 2022-23 Base Year and Expanded Industry Coverage

   18 July 2026 at 09:17

The Office of Economic Adviser will release the revised Index of Core Industries (ICI) series with base year 2022–23 on July 20, 2026.

Posted in Investments & Personal Finance |   51 Views


ICAI Inaugurates Global Summit 2026 to Strengthen India's Leadership in Global Capability Centres

   17 July 2026 at 06:31

ICAI launches the 7-city Global Orbit Summit 2026 to strengthen India's GCC ecosystem. ICAI President says India is poised to become a global GCC hub, creating new opportunities in finance, AI, taxation, governance and professional services.

Posted in Professional Resource |   108 Views


MCA Warns Stakeholders Against Fake Calls, WhatsApp Messages and Phishing Scams

   17 July 2026 at 06:31

MCA warns stakeholders against fake calls, WhatsApp messages, phishing emails, fraudulent websites, and cyber scams impersonating the Ministry. Verify communications only through the official MCA portal.

Posted in Corporate Law |   132 Views


Social Protection Fund Notified as Specified Person Under IT Act 2025 for Tax-Exempt Investments in India

   16 July 2026 at 09:45

CBDT has notified Oman’s Social Protection Fund as a specified person under the Income-tax Act, 2025, allowing tax exemption on eligible investments in India until 31 March 2030, subject to compliance conditions.

Posted in Income Tax |   2208 Views


Centre Revises Excise Duty Rates on Petrol and Diesel Components; Changes Effective from 16th July 2026

   16 July 2026 at 09:40

Ministry of Finance revises central excise duty rates on petrol and diesel through Notifications 38/2026 and 39/2026-Central Excise. New rates effective from 16 July 2026 may impact fuel taxation and pricing.

Posted in Excise |   150 Views


CBDT Notifies Cost Inflation Index (CII) for FY 2026-27 Under Income Tax Act, 2025

   16 July 2026 at 09:38

The Central Board of Direct Taxes (CBDT) has officially notified the Cost Inflation Index (CII) for the Financial Year 2026-27 at 384, providing clarity for taxpayers and professionals dealing with capital gains computations under the new Income-tax

Posted in Income Tax |   2601 Views


ICAI Keeps Global Networking Guidelines 2025 in Abeyance Until Further Orders

   16 July 2026 at 09:27

ICAI has kept the implementation of the Global Networking Guidelines, 2025 in abeyance until further orders. Read the official announcement and its implications for CA firms.

Posted in Professional Resource |   1113 Views


Direct Tax Collections Rise 16.4% to Rs 6.51 Lakh Crore as on 13th July 2026 for FY 2026-27

   15 July 2026 at 09:26

Net direct tax collections for FY 2026-27 rose 16.4% to Rs 6.51 lakh crore as of July 13, 2026, while gross collections increased 16.1%, according to official data.

Posted in Income Tax |   1626 Views


Finance Ministry Empowers DRAT Delhi Chairperson to Decide PNB Appeals

   15 July 2026 at 09:19

Finance Ministry issues notification authorising the DRAT Delhi Chairperson to decide key Punjab National Bank appeals and connected proceedings.

Posted in LAW |   174 Views



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