CAclubindia Articles

FAST-DS 2026: Foreign Income and Foreign Asset Disclosure, Taxability & Schedule FA

Posted by CA Varun Gupta 19 August 2026 4 Views

FAST-DS 2026 offers eligible taxpayers a one-time opportunity to regularise specified undisclosed foreign assets and foreign income. Learn about Category A and B, eligibility, tax, fees, valuation, Schedule FA and filing requirement

RBI's New Fixed Deposit Rules: What Changes for Depositors from October 2026?

Posted by Prateek Jain 19 August 2026 2 Views

RBI's revised FD rules from 1 October 2026 aim to bring greater transparency and uniformity in deposit rates, bulk deposit pricing and disclosure requirements for banks and depositors.

Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples

Posted by Ishwarya Keerthi B 18 August 2026 212585 Views

Understand income tax rules for senior citizens in AY 2026-27, including old vs new tax regime comparison, tax slabs, exemptions, deductions, rebates, advance tax relief, and key benefits for resident senior and super senior citizens.

Senior Citizen Card 2026: Check Benefits and Who Can Apply?

Posted by Poojitha Raam Vinay 18 August 2026 143760 Views

Learn about the Senior Citizen Card 2026, including eligibility, required documents, application process, key benefits, tax advantages and who can apply in India.

Do I Have to Report My Crypto in My ITR in India And How Is It Taxed?

Posted by CMA Sajin Odupara

18 August 2026 78 Views

Learn how crypto is taxed in India, including the 30% tax on VDA gains, 1% TDS rules, mandatory ITR disclosure requirements, and the latest CBDT crypto reporting guidelines issued in August 2026. Understand what investors and SMEs need to do to stay compliant.

Which Tax Changes have given Financial Freedom to Taxpayers and which have restricted it?

Posted by CA Umesh Sharma 18 August 2026 88 Views

On India's 80th Independence Day, explore how recent Income Tax and GST reforms have increased taxpayer freedom through simplification and relief while introducing stricter digital compliance, transparency and enforcement measures.

Provision For Income Taxes: How to Record and Adjust in Tally?

Posted by Mitali 17 August 2026 1223 Views

Learn the complete accounting treatment of income tax, including advance tax, TDS receivable, tax provision, CPC adjustments, and income-tax refund entries in Tally Prime.

Income Tax Refund Status for AY 2026-27: How to Check Online?

Posted by Ishwarya Keerthi B 17 August 2026 110923 Views

Check Income Tax Refund Status for AY 2026-27 online. Learn how to track your refund, understand refund issued, adjusted or failed status, common delay reasons, and steps to resolve refund issues.

Advance Tax Due Dates For FY 2026-27

Posted by Chaitra Seetharam 17 August 2026 4570 Views

Advance Tax 1st Installment 2026: Know who is required to pay, how much tax needs to be paid to avoid interest penalties under the Income Tax Act 2025.

Tax Audit Under Section 44AB For AY 2026-27: Latest Rules with Due Date, Forms and Penalty

Posted by Chaitra Seetharam 17 August 2026 14298 Views

Section 44AB of the Income Tax Act is the foundational provision for tax compliance among businesses and professionals in India, as it mandates a compulsory tax...