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.
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.
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.
Ahead of India's 80th Independence Day, ICAI President CA. Prasanna Kumar D highlighted the role of Chartered Accountants in achieving Viksit Bharat 2047, while detailing key initiatives, global partnerships, and governance reforms undertaken by ICAI.
India's gross GST collections rose 15.4% year-on-year to ₹2.11 lakh crore in July 2026, while net GST revenue increased 15.8% to ₹1.81 lakh crore, supported by robust domestic and import tax collections.
ICAI has announced a one-time opportunity for eligible CA Final pass candidates to complete Adv. ITT and MCS courses virtually through DLH and apply for ICAI membership. Registration is open from August 1, 2026 to June 30, 2027.
RBI has issued final amendment directions on deposit interest rates, allowing greater flexibility in pricing bulk deposits. The revised framework will come into effect from October 1, 2026.
ICAI has invited feedback from members, students, academicians, and industry professionals on its comprehensive review of the Chartered Accountancy Scheme of Education and Training. Submit suggestions by August 18, 2026.
The Finance Ministry has released draft Indian Insurance Companies (Inquiry, Adjudication and Appeal) Rules, 2026, introducing procedures for complaints, inquiries, penalties and appeals under the General Insurance Business (Nationalisation) Act.
ICAI has introduced an online facility for surrender of CA exam exemptions, including permanent exemptions. Check the last dates for CA Intermediate September 2026 and CA Final November 2026 exams.
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