CAclubindia News
Fake GST Officials Rob Rs 2.4 Crore Gold in Chennai
25 February 2026 at 08:54Two men, including a courier employee, were arrested in Chennai for impersonating GST officials and stealing 1.5kg gold jewellery worth Rs 2.4 crore near Guindy flyover. Full details here.
Draft Form 165 Signals Stricter Financial Reporting Norms for Banks and Institutions
25 February 2026 at 08:54The Income Tax Department has released Draft Form 165 for reporting Specified Financial Transactions under the Income-tax Act 2025. Learn key reporting requirements, transaction coverage and compliance impact for banks, institutions and taxpayers.
Rs 590 Crore IDFC First Bank Fraud: Full Timeline, Govt Funds Recovery, Market Impact Explained
25 February 2026 at 08:54IDFC First Bank faces scrutiny after a Rs 590 crore fraud linked to Haryana government accounts. Here's the timeline, investigation updates and market impact.
FM Sitharaman Warns Banks: Mis-Selling Financial Products is an Offence, RBI to Tighten Rules
24 February 2026 at 08:58Finance Minister Nirmala Sitharaman warns banks that mis-selling financial products is an offence as the RBI prepares stricter guidelines to improve transparency, compliance and customer protection.
Rs 1.25 Crore GST Notice Shocks Poor Potter in Uttar Pradesh, Alleges PAN Misuse
24 February 2026 at 07:06A poor potter from Uttar Pradesh alleges PAN and Aadhaar misuse after receiving a Rs 1.25 crore GST notice linked to fake firms. Read the full story.
India-France Tax Treaty Updated: New Protocol Revises Capital Gains, Dividend Rules
24 February 2026 at 07:05India and France sign protocol to amend DTAA, revising capital gains rules, dividend tax rates, MFN clause and PE definition to boost tax certainty and investment flows.
Credit Card Payments Above Rs 10 Lakh to Be Reported Under Proposed Tax Rules 2026
24 February 2026 at 07:04Draft Income-tax Rules 2026 tighten oversight on credit card usage with new reporting thresholds, perquisite rules, and compliance requirements explained.
New Tax Draft Form Introduced for Provident and Gratuity Fund Nominations
23 February 2026 at 06:54Draft Form 184 under Draft Income Tax Rules 2026 introduces a new nomination format for provident and gratuity funds. Know key details, purpose and impact on employees.
Draft Form 124 Proposes Mandatory Disclosure of Relationship With Landlord for HRA Claims
23 February 2026 at 06:54Draft Form 124 under Draft Income Tax Rules 2026 proposes detailed reporting for HRA claims including landlord PAN, Aadhaar, rent details, and supporting documents. Know impact.
Madhya Pradesh Tax Bodies Seek Relief from Mandatory English Translation Rule for GST Tribunal Appeals
23 February 2026 at 06:54Indore tax consultants seek removal of English translation rule for GST appeals, saying it increases compliance costs in Hindi-speaking states.
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