CAclubindia News

FM Sitharaman Says Govt Open to Reviewing LTCG and STCG Tax Concerns Raised by Investors

27 May 2026 at 09:41

Finance Minister Nirmala Sitharaman said the government is open to investor feedback on LTCG and STCG taxation. She also addressed rising fuel prices, crude oil concerns, RBI dividend and challenges linked to fuel, fertiliser and forex pressures.

Posted in Income Tax | 2 comments | 2646 Views

Form 12 Under Income Tax Act, 2025 Introduced to Track Eligible R&D Expenditure Claims

27 May 2026 at 09:32

FORM 12 under the Income-tax Act, 2025 is a statutory report for approved in-house R&D facilities. Know its purpose, applicability, expenditure reporting rules, DSIR role and key FAQs.

Posted in Income Tax | 1356 Views

ICAI Opens Observer Empanelment Portal for CA Exams September & November 2026

27 May 2026 at 09:24

ICAI has invited applications from eligible members for empanelment as observers for CA Sept and Nov 2026 examinations. Check eligibility, honorarium, important dates, duties and application process.

Posted in Students | 3006 Views

Income Tax Act, 2025 Introduces Revised Form 103 for Demand Recovery

26 May 2026 at 09:41

Form 103 under the Income-tax Act, 2025 is a notice of demand issued by the Assessing Officer for tax, penalty, or interest payable. Know its purpose, due dates, payment options, appeal details and key changes.

Posted in Income Tax | 2862 Views

Form 092 Mandatory for Specified Funds and Stock Brokers from FY 2026

26 May 2026 at 09:32

Income Tax Department releases FAQs on Form 092 for specified funds and stock brokers dealing with non-resident clients. Check filing process, due dates, required details and compliance rules.

Posted in Income Tax | 3204 Views

CBDT Clarifies Form 18 Filing for Affordable Housing Projects Under Income Tax Rules 2026

25 May 2026 at 09:40

CBDT clarifies Form 18 under Income Tax Rules 2026 through FAQs. Know eligibility, filing requirements, conditions and tax benefits for affordable housing projects under Section 46.

Posted in Income Tax | 3216 Views

Form 29 Mandatory for Amalgamated Companies Claiming Tax Loss Benefits Under Income Tax Rules 2026

25 May 2026 at 09:40

CBDT clarifies Form 29 under Income Tax Rules 2026 through detailed FAQs. Know eligibility, filing timelines, production conditions and tax benefits for amalgamated companies.

Posted in Income Tax | 2394 Views

CBDT Clarifies Form 50 for Advance Pricing Agreement Under Income Tax Act 2025

23 May 2026 at 09:37

Form 50 FAQs explain APA pre-filing meetings, online submission, filing frequency, and transfer pricing compliance under the Income Tax Act, 2025.

Posted in Income Tax | 2907 Views

FM Sitharaman Reviews GIFT City Progress at High-Level Meeting

23 May 2026 at 09:29

Finance Minister Nirmala Sitharaman reviews progress of GIFT City, highlighting its role as India’s global financial hub with over 1,150 entities and USD 110 billion banking assets.

Posted in Others | 210 Views

Finance Ministry Allows 7 Financial Entities to Use Aadhaar Authentication Under PMLA

22 May 2026 at 09:40

The Ministry of Finance has authorised seven reporting entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002, strengthening KYC and compliance mechanisms.

Posted in Income Tax | 1143 Views