CAclubindia News
Draft Insurance Rules 2026 Released: Centre Proposes Major Overhaul of 87-Year-Old Insurance Rules
25 July 2026 at 09:33The Centre has released Draft Insurance Rules, 2026 to replace the Insurance Rules, 1939. The proposed framework introduces reforms on transparency, governance, agent regulation, insurer oversight and premium payment norms.
FM Sitharaman Calls for Greater Tax Certainty and Reduced Litigation at 167th Income Tax Day Celebration
25 July 2026 at 09:21Finance Minister Nirmala Sitharaman outlined the 5Rs of Responsive Tax Governance at the 167th Income Tax Day celebrations, emphasizing tax certainty, reduced litigation, taxpayer-centric reforms, and the transformative impact of the Income-tax Act, 2025.
ICAI and IIPA Join Hands to Strengthen Municipal Finance, Accounting and Urban Governance
24 July 2026 at 09:41The Institute of Chartered Accountants of India (ICAI), through its Public and Government Financial Management Committee (PGFMC), signed an Memorandum of Understanding (MoU) with the Centre for Urban Studies (CUS) of the Indian Institute of Public Ad
Centre Notifies Additional PMLA Special Courts in Gujarat
24 July 2026 at 09:34The Central Government has amended the PMLA notification to designate additional Special Courts in Gujarat, including CBI Special Courts in Ahmedabad and the Principal District Judge, Surat.
CBDT Grants Section 10(46) Exemption to District Legal Services Authority, Jind
23 July 2026 at 09:23CBDT Notification No. 92/2026 grants Section 10(46) income-tax exemption to District Legal Services Authority (DLSA), Jind on specified income for FY 2022-23 to FY 2025-26, subject to prescribed conditions.
CBDT Revises 'Specified Fund' Definition Under Income Tax Act, 2025
22 July 2026 at 08:00The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Second Amendment) Rules, 2026, introducing an important amendment to the definition of "specified fund" under the Income-tax Rules, 2026.The amendment has been issued through Notif
No Proposal to Scrap LTCG Tax for Retail Investors, Govt Clarifies in Lok Sabha
22 July 2026 at 07:40The Government has clarified in Lok Sabha that there is currently no proposal to scrap the 12.5% Long-Term Capital Gains (LTCG) tax on equity investments for domestic investors.
RBI Releases Draft Foreign Investment Rules 2026, Invites Public Comments Till 31st August
22 July 2026 at 07:12RBI has released the draft Foreign Investment Rules, 2026 to replace the NDI Rules, 2019. The proposed framework aims to simplify FEMA regulations, align with FDI policy, reduce compliance burden, and enhance ease of doing business.
CBDT Enables Foreign Assets Reporting in AIS: Taxpayers Can Now View CRS/FATCA Data Online
21 July 2026 at 09:48CBDT has enabled display of foreign asset and income information received under CRS/FATCA in AIS. Taxpayers can now view overseas account and investment data on the Income Tax portal.
RBI Enhances Fintech Oversight with SRO Framework, AI-Based Fraud Detection and Cyber Safety Measures
21 July 2026 at 09:38Government and RBI strengthen India's fintech ecosystem with AI-based fraud detection, DPDP Act safeguards, enhanced payment security, and stronger consumer protection measures.
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