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ITR-5 Excel Utility for AY 2026-27 Released
09 July 2026 at 09:25The Income Tax Department has released the ITR-5 Excel Utility for AY 2026-27 on July 7, 2026. Eligible firms, LLPs, AOPs and other taxpayers can now download the utility, schema and validation files for return filing.
PFMS Users Can Now Authenticate Using PAN or Bank Account Under Revised Aadhaar Rules
08 July 2026 at 09:35Finance Ministry has revised the PFMS Aadhaar authentication notification, enabling verification through bank account or PAN-based OTP and extending coverage to both PFMS web and mobile applications.
CBDT Grants Tax Exemption to NCCL's Core Settlement Guarantee Fund Till AY 2026-27
08 July 2026 at 09:29The Central Government has granted tax-exempt status to NCCL's Core Settlement Guarantee Fund under Section 10(23EE) for AY 2019-20 to 2026-27.
Centre Expands NPS Investment Options for Employees of Autonomous Bodies
08 July 2026 at 09:23Finance Ministry extends additional NPS investment choices to Central Autonomous Body employees, allowing better alignment with risk and retirement goals.
Finance Ministry Notifies 7.1% Interest on Special Deposit Scheme Deposits for Q2 FY 2026-27
07 July 2026 at 09:17The Finance Ministry has notified a 7.1% interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds for the period July 1 to September 30, 2026.
ICAI Denies Social Media Claims of Data Breach, Assures Students and Members of Robust Data Security
07 July 2026 at 09:15ICAI has dismissed social media allegations of a data breach involving members' records and examination data, calling the claims false, baseless, and malicious while assuring stakeholders that its data security systems remain robust.
Finance Ministry Grants Aadhaar Authentication Permission to Home First Finance
06 July 2026 at 09:25The Ministry of Finance has authorised Home First Finance Company India Ltd. to carry out Aadhaar authentication under the Prevention of Money-laundering Act, 2002, enabling streamlined customer verification and compliance processes.
ICAI Introduces New Tax Audit Count Tracking Feature on UDIN Portal
06 July 2026 at 09:16ICAI's UDIN Portal now features a dedicated Tax Audit Count Dashboard, allowing Chartered Accountants to monitor tax audit assignments, UDIN generation status, and remaining audit limits in real time.
ICAI Proposes Higher Stipend for CA Articleship Students Under Draft Amendment Regulations, 2026
05 July 2026 at 11:40ICAI has released draft Chartered Accountants (Amendment) Regulations, 2026 proposing revised minimum stipend rates for CA articled assistants. The proposed changes increase monthly stipends across cities and invite stakeholder comments within 30 days.
CBDT Condones Delay in Filing Form 10AB for 80G Approval Applications Till 31st March 2026
04 July 2026 at 10:04CBDT Circular No. 06/2026 condones delay in filing Form 10AB for renewal of Section 80G approval. Know eligibility, timelines, implications, and relief available to charitable institutions.
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