CAclubindia News

Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27

07 August 2026 at 09:40

Income Tax Department releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27. Companies can now begin preparing and filing returns using the latest offline utility.

Posted in Income Tax | 204 Views

Centre Exempts Banks from Section 15(1) Restriction on Unamortized EIR Expenditure

07 August 2026 at 09:30

Centre exempts banks from Section 15(1) of the Banking Regulation Act for unamortized expenditure under the RBI's Effective Interest Rate (EIR) income recognition framework notified in 2026.

Posted in Investments & Personal Finance | 1122 Views

ICAI Publishes 77th Annual Report and Accounts of the Institute for the year 2025-26

07 August 2026 at 09:15

ICAI has published its 77th Annual Report and Accounts for FY 2025-26 in the Gazette of India. Members can download the report online or request a hard copy from the Institute.

Posted in Accounts | 912 Views

RBI Keeps Repo Rate Unchanged at 5.25%

06 August 2026 at 09:19

RBI keeps the repo rate unchanged at 5.25% and retains its neutral stance. Check key MPC decisions, inflation outlook, GDP growth projections, and what it means for borrowers and businesses.

Posted in Investments & Personal Finance | 144 Views

MCA Extends Registration Deadline for 'Corporate Mitra' Course for North East Candidates Till 14th Aug 2026

05 August 2026 at 09:27

MCA has extended the registration deadline for the Corporate Mitra Course for North Eastern Region candidates till August 14, 2026, or until 300 seats are filled. Check eligibility, registration details and key benefits.

Posted in Corporate Law | 2094 Views

FM Sitharaman Introduces Appropriation (No. 3) Bill, 2026 in Lok Sabha

05 August 2026 at 09:22

Finance Minister Nirmala Sitharaman introduced the Appropriation (No. 3) Bill, 2026 in Lok Sabha to authorize excess expenditure incurred during FY 2022-23 through appropriations from the Consolidated Fund of India.

Posted in Income Tax | 2802 Views

Government Boosts MSME Financing Through SIDBI and ECLGS 5.0

05 August 2026 at 09:21

Government boosts MSME financing through SIDBI and ECLGS 5.0. SIDBI opens 71 new branches, direct credit grows 36.8%, and ECLGS 5.0 targets ₹2.55 lakh crore in additional credit with up to 100% guarantee coverage.

Posted in Corporate Law | 141 Views

CBDT Releases FAQs on Taxation and Other Laws (Amendment) Bill, 2026

04 August 2026 at 15:45

CBDT has released detailed FAQs on the Taxation and Other Laws (Amendment) Bill, 2026 introduced in Lok Sabha. Know the key tax proposals on data centres, electronics manufacturing, foreign investment funds, rough diamonds and business trusts.

Posted in Income Tax | 1 comments | 7620 Views

RBI appoints Smt. Monisha Chakraborty as new Executive Director

04 August 2026 at 09:33

RBI has appointed Monisha Chakraborty as Executive Director with effect from August 3, 2026. She will oversee the Foreign Exchange Department and Financial Markets Regulation Department.

Posted in Investments & Personal Finance | 168 Views

Centre Notifies Fresh Excise Duty Changes on Petroleum Products Effective 3rd Aug 2026

04 August 2026 at 09:24

The Finance Ministry has revised excise duty rates on petroleum products through Notifications 40/2026, 41/2026 and 42/2026-Central Excise, effective August 3, 2026.

Posted in Excise | 2259 Views