CAclubindia News

Indian Investors Seek LTCG Tax Abolition and STCG Cut Amid Rs 3 Lakh Crore FPI Outflows

30 October 2026 at 09:13

Investors seek LTCG tax abolition, STCG reduction to 10% and lower STT as India's FPI outflows cross ₹3 lakh crore ahead of Budget 2027.

Posted in Income Tax | 1 comments | 768 Views

GST Update 2026: CBIC Issues Clarification on R&D and Consultancy Services

30 October 2026 at 09:04

CBIC issues Circular No. 266/12/2026-GST clarifying the distinction between R&D and consultancy services under GST, following the 57th GST Council meeting.

Posted in GST | 1 comments | 1599 Views

CBIC Clarifies GST Rates on Toys, Sublimation Paper, Used Cars and Bio-Stimulants Following 57th GST Council Meeting

30 October 2026 at 09:04

CBIC clarifies GST rates on toys, sublimation paper and seaweed bio-stimulants, and ITC eligibility for used car dealers under the margin scheme.

Posted in GST | 1 comments | 135 Views

SEBI Makes Direct Mutual Fund Plans Default on AMC Platforms from 1st Nov 2026

30 October 2026 at 09:04

SEBI makes direct mutual fund plans the default on AMC platforms from November 1, 2026. Know the key changes, direct vs regular plans and investor impact.

Posted in Investments & Personal Finance | 1 comments | 1602 Views

CBDT Exempts IRRI Payments from Chapter XIX of Income Tax Act, 2025

30 October 2026 at 09:04

BDT Notification No. 138/2026 exempts payments received by the International Rice Research Institute from Chapter XIX of the Income-tax Act, 2025, subject to specified conditions.

Posted in Income Tax | 1 comments | 93 Views

GST Portal e-Invoice Services to Remain Temporarily Unavailable on 31st Oct and 1st Nov 2026

29 October 2026 at 09:25

GSTN announces e-Invoice portal downtime from October 31 to November 1, 2026. Check affected services, including GSTR-1 auto-population and JSON downloads.

Posted in GST | 1 comments | 14562 Views

CBIC Issues 7 Key Clarifications on Input Service Distributor (ISD) Under GST

29 October 2026 at 09:21

CBIC Circular No. 260/06/2026-GST clarifies ISD registration, ITC distribution, reversals, GSTR-6 reporting and turnover and refund calculations under GST.

Posted in GST | 1 comments | 3168 Views

GST Export Refunds: CBIC Clarifies Payment Realisation Rules and Recovery Under Rule 96B

29 October 2026 at 09:21

CBIC Circular No. 263/09/2026-GST clarifies GST treatment of export payments through SNRR and NOSTRO accounts, set-offs, reinsurance commissions and refund recovery under Rule 96B.

Posted in GST | 1 comments | 642 Views

GST Rate Changes from 1st Nov 2026: Check New ITC and RCM Rules

29 October 2026 at 09:21

CBIC issues GST notifications dated October 27, 2026, amending ITC conditions, electric vehicle services, delivery provisions and reverse charge rules effective November 1.

Posted in GST | 2 comments | 33612 Views

CBIC Issues New GST Notifications: RCM, Registration and TDS Changes from 1st Nov 2026

28 October 2026 at 09:25

GST Notifications October 2026: Check changes in GST rates for retreaded tractor tyres, isabgol exemption, reverse charge, registration and TDS rules effective November 1.

Posted in GST | 2 comments | 8022 Views