CAclubindia News

RBI's USD-INR Swap Facility Draws $73 Billion in Forex Inflows in Just 11 Weeks

25 August 2026 at 09:19

RBI’s USD-INR swap facility has mobilised US$73 billion in forex inflows in 11 weeks, including US$65.40 billion through FCNR(B) deposits.

Posted in Investments & Personal Finance | 75 Views

ICAI SPMT Tests Suspended from 11th to 20th October 2026 Due to Portal Maintenance

25 August 2026 at 09:14

ICAI has announced that SPMT tests will not be conducted from 11 to 20 October 2026 due to portal maintenance. Slot booking will resume from 21 October.

Posted in Students | 132 Views

Income Tax Refund Rules Under Income Tax Act, 2025: How to Claim Excess Tax Paid

25 August 2026 at 09:14

Learn how to claim an income tax refund for excess tax paid under the Income-tax Act, 2025, including refund eligibility, filing rules, delayed refund interest, set-off and condonation of delay.

Posted in Income Tax | 5298 Views

Specified Senior Citizens: TDS Rules on Pension and Interest Income Under Income Tax Act, 2025

24 August 2026 at 09:11

Specified senior citizens aged 75+ can get relief from ITR filing when they have only pension and interest income. Know the TDS rules, Form 125 and eligibility conditions.

Posted in Income Tax | 11487 Views

Income Tax Benefits for Small Businesses in 2026-27: Key Deductions and Exemptions

24 August 2026 at 09:11

Small businessmen can claim several tax benefits for TY 2026-27, including presumptive taxation, deductions, depreciation, TDS relief, rebates and advance-tax benefits.

Posted in Income Tax | 1596 Views

Set-Off and Carry Forward of Loss Under Income Tax Act 2025

22 August 2026 at 09:30

Income-tax Act 2025 rules for set-off and carry forward of losses, covering business, speculative, capital and house property losses, explained.

Posted in Income Tax | 3123 Views

Income Tax Department Lists 10 ICDS and Their Reconciliation With Accounting Standards

22 August 2026 at 09:22

Income Tax Department lists 10 ICDS under the Income Tax Act 2025 and explains key reconciliations with Accounting Standards for computing taxable income.

Posted in Accounts | 14601 Views

Finance Ministry Allows 10 Lakh MT Duty-Free Raw Sugar Imports Till 31st October

22 August 2026 at 09:09

The Centre allows duty-free imports of 10 lakh MT raw sugar under TRQ. Check Customs Notification 30/2026, DGFT allocation rules and validity till October 31, 2026.

Posted in Custom | 327 Views

Salaried Employees Tax Benefits for TY 2026-27: Check All Allowances and Exemptions

21 August 2026 at 09:39

Income Tax Department’s TY 2026-27 guide explains salary allowances, HRA, perquisites, standard deduction, retirement benefits, NPS, gratuity and provident fund tax rules for salaried employees.

Posted in Income Tax | 20613 Views

Compounding of Offences Under Income Tax Act 2025: Key Rules, Charges and Eligibility