MCA Notifies New Regional Directorates Across India
The Ministry of Corporate Affairs (MCA) has notified the establishment of multiple new Regional Directorates (RDs) across the country along with revised territorial jurisdictions...
2 IRS Officers Appointed As CBIC Members
The Appointments Committee of the Cabinet (ACC) has approved the appointment of two senior Indian Revenue Service (IRS) officers namely Sanjay Mangal and Abhai...
Call for ‘CA Protection Act’ Raised in Rajya Sabha
In a significant intervention in the Rajya Sabha, senior advocate and Member of Parliament Vivek Tankha raised concerns regarding the growing sense of vulnerability...
CA Prasanna Kumar D Becomes 74th President of ICAI
CA Prasanna Kumar D has been elected as the 74th President of ICAI, succeeding CA Charanjot Singh Nanda, who led the institute in the...
CBDT to Consolidate Multiple Tax Audit Forms Under Form 26 Framework
The Central Board of Direct Taxes (CBDT) has unveiled Draft Form 26, introducing a revamped audit reporting format under the Income Tax Act, 2025....
Revised Handbook on GST Refunds Incorporating Amendments Till December 2025: ICAI
The Institute of Chartered Accountants of India (ICAI) has released a comprehensively revised edition of its Handbook on GST Refunds, updating refund law and...
Finance Bill, 2025 Doesn’t Alter Pension Structure Under 8th Pay Commission
The Central Government has clarified that there is no automatic revision of pension under the 8th Central Pay Commission (CPC) at this stage and...
CMAs Now Officially Covered For Safe Harbour Certification | Budget 2026
The Union Budget 2026 has expanded the definition of “accountant” under the Safe Harbour Rules governing international transactions. The amendment formally brings Cost and...
DGFT Seeks Stakeholder Comments on Draft Digital Trade Facilitation Bill, 2026
The Directorate General of Foreign Trade (DGFT) has invited comments from exporters, industry bodies, legal experts, academia, and other stakeholders on the draft Digital...
GST Portal Enables Online Filing of LUT for FY 2026-27
The Goods and Services Tax Network (GSTN) today announced that the option to file the Letter of Undertaking (LUT) for the financial year 2026-27...
DGFT Expands Mandatory Halal Certification to 20 More Countries for Meat Exports
The Directorate General of Foreign Trade (DGFT) has expanded the list of countries requiring mandatory halal certification under the India Conformity Assessment Scheme (i-CAS). The...
Income Tax Department Releases Administrative Handbook 2026 Highlighting New Income-tax Act, 2025
The Central Board of Direct Taxes (CBDT) has released the Administrative Handbook 2026, showcasing a year of far-reaching reforms, institutional restructuring, and taxpayer-centric initiatives...
Tax Audit Report Forms 3CA, 3CB and 3CD Replaced by Form 26 Under Income-tax Act, 2025
In a significant structural overhaul of the tax audit framework, the Income-tax Act, 2025 has consolidated the existing tax audit reporting formats—Forms 3CA, 3CB...
CBDT Invites Public Feedback on Proposed Income-tax Rules and Forms Ahead of April 2026 Rollout
The Central Board of Direct Taxes (CBDT) has invited comments and suggestions from stakeholders on the proposed Income-tax Rules and related Forms aligned with...
Draft Income-tax Rules, 2026 Released: Comprehensive Framework to Operationalise Income-tax Act, 2025 from April 1
The Central Government has released the Draft Income-tax Rules, 2026, laying down the detailed procedural and substantive framework for implementing the Income-tax Act, 2025....
DGFT Implements NPCI-Based Bank Account Validation for IEC Applications From February 2026
The Directorate General of Foreign Trade (DGFT) has implemented an NPCI-based real-time bank account validation system for Importer Exporter Code (IEC) issuance and modification,...
Odisha Introduces WAMIS-Based Mechanism to Recover GST Dues from Works Contractors
In a significant move to strengthen tax recovery and prevent revenue leakage, the Government of Odisha has issued detailed guidelines for recovering pending GST...
DGFT Extends Deadline for Filing Annual RoDTEP Returns for FY 2023-24 Till March 31, 2026
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has extended the deadline for filing the Annual RoDTEP Return...
Govt. Extends Anand Marriage Act, 1909 to Sikkim
The Ministry of Home Affairs has formally extended the Anand Marriage Act, 1909 to the State of Sikkim, enabling statutory recognition of Anand Karaj...
CBDT Directs Income Tax Dept. to Seek Adjournments in Cases Affected by Finance Bill 2026 Amendments
The Central Board of Direct Taxes (CBDT) has issued fresh instructions to senior income tax officials directing them to seek adjournments in pending cases...
