CAclubindia News

ICAI Introduces New Audit Framework and Training Programmes to Strengthen Cooperative Sector

31 October 2026 at 10:39

Discover how ICAI is strengthening the cooperative sector through the new MSCARO 2026 audit framework, updated audit guidance and nationwide training programmes to improve governance, transparency and compliance.

Posted in Audit | 1 comments | 387 Views

CBIC Issues New GST Instructions: No Arrests, E-Way Bill Checks Restricted, Rs 10,000 SCN Limit

31 October 2026 at 09:51

CBIC Instruction No. 02/2026-GST introduces major GST relief, including no further arrests, restrictions on e-way bill checks and a ₹10,000 minimum SCN threshold.

Posted in GST | 1 comments | 2724 Views

CBDT Notifies New Rules for Merger of Registered Non-Profit Organisations Under Income Tax Rules 2026

31 October 2026 at 09:44

CBDT notifies Income-tax Eighth Amendment Rules 2026, introducing Rule 189A and Form 112A with new conditions, tax liabilities and compliance requirements for registered NPO mergers.

Posted in Income Tax | 1 comments | 2364 Views

CBIC Clarifies Pre-Deposit Calculation Under Sections 107 and 112 of CGST Act

31 October 2026 at 09:38

CBIC Circular No. 259/05/2026-GST clarifies GST appeal pre-deposit rules, 10% calculation, refund eligibility, interest and remand procedures under Sections 107 and 112.

Posted in GST | 1 comments | 1218 Views

GST Refund Restrictions: CBIC Clarifies Retrospective Omission of Rule 96(10)

31 October 2026 at 09:37

CBIC clarifies retrospective omission of GST Rule 96(10) from October 23, 2017, following the Supreme Court's Goodluck India judgment. Rules 89(4A) and 89(4B) also covered.

Posted in GST | 1 comments | 168 Views

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 | 1620 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 | 2007 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 | 219 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 | 1755 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 | 228 Views