CAclubindia News


CBDT Enables Foreign Assets Reporting in AIS: Taxpayers Can Now View CRS/FATCA Data Online

   21 July 2026 at 09:48

CBDT has enabled display of foreign asset and income information received under CRS/FATCA in AIS. Taxpayers can now view overseas account and investment data on the Income Tax portal.

Posted in Income Tax  1 comments |   1827 Views


RBI Enhances Fintech Oversight with SRO Framework, AI-Based Fraud Detection and Cyber Safety Measures

   21 July 2026 at 09:38

Government and RBI strengthen India's fintech ecosystem with AI-based fraud detection, DPDP Act safeguards, enhanced payment security, and stronger consumer protection measures.

Posted in Investments & Personal Finance |   105 Views


UPI Crosses 55.49 Crore Users in June 2026; FY26 Transactions Hit Rs 314 Lakh Crore

   21 July 2026 at 09:32

UPI crossed 55.49 crore onboarded users by June 2026, with FY 2025-26 transactions reaching 24,161.69 crore in volume and Rs 314.23 lakh crore in value.

Posted in Investments & Personal Finance |   63 Views


CBDT Notifies NaBFID 10-Year Zero Coupon Bond Under Income Tax Act, 2025

   20 July 2026 at 09:27

CBDT has notified NaBFID's Ten Year Zero Coupon Bond as a Zero Coupon Bond under Section 2(112) of the Income-tax Act, 2025. Check key features, tenure, issue timeline and tax implications.

Posted in Income Tax |   8748 Views


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 |   1848 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 |   90 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 |   180 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 |   141 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 |   2331 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 |   174 Views



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