CAclubindia News


Finance Ministry Notifies Aadhaar Authentication for CIBIL Credit Report Access

   26 February 2026 at 09:20

The Finance Ministry has allowed TransUnion CIBIL to use Aadhaar authentication for credit report access. Aadhaar use is voluntary, and PAN, passport, voter ID and other documents remain valid alternatives.

Posted in Others |   342 Views


DGFT Extends Deadline for TRQ Applications Under Key FTAs for FY 2026-27

   26 February 2026 at 08:40

DGFT extends TRQ application deadline to 15 March 2026 for FY 2026-27 under India-Sri Lanka FTA, India-Mercosur, and India-Mauritius CECPA, covering edible oils, spices, sugar, fish, apparel and beverages.

Posted in Others |   105 Views


TDS on Property, Rent & Virtual Digital Assets: Draft Form 141 Brings Detailed Reporting Norms

   26 February 2026 at 08:40

The Income Tax Department releases Draft Form No. 141, a challan-cum-statement for TDS on rent, property transfers, professional payments and virtual digital assets.

Posted in Income Tax |   2820 Views


New Draft Form Introduced for Provisional Registration Under Income Tax Act, 2025

   26 February 2026 at 08:40

Draft Form 104 mandates detailed disclosures, beneficial ownership reporting, and document submissions for non-profit organisations seeking provisional registration.

Posted in Income Tax |   162 Views


ICAI to implement 11 ISAS to Strengthen Digital Audits

   26 February 2026 at 08:40

he Institute of Chartered Accountants of India (ICAI) introduces 11 Information Systems Audit Standards (ISAs) to enhance audit quality and strengthen governance within India's fast-growing digital ecosystem.

Posted in Audit |   243 Views


MCA Launches Companies Compliance Facilitation Scheme 2026 with Major Relief on Late Filing Fees

   25 February 2026 at 09:08

MCA introduces Companies Compliance Facilitation Scheme 2026 allowing companies to clear pending filings with just 10% additional fees. Scheme open till July 15, 2026.

Posted in Corporate Law |   5064 Views


Fake GST Officials Rob Rs 2.4 Crore Gold in Chennai

   25 February 2026 at 08:54

Two 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.

Posted in GST |   369 Views


Rs 590 Crore IDFC First Bank Fraud: Full Timeline, Govt Funds Recovery, Market Impact Explained

   25 February 2026 at 08:54

IDFC First Bank faces scrutiny after a Rs 590 crore fraud linked to Haryana government accounts. Here's the timeline, investigation updates and market impact.

Posted in Others |   1755 Views


Draft Form 165 Signals Stricter Financial Reporting Norms for Banks and Institutions

   25 February 2026 at 08:54

The 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.

Posted in Income Tax |   1803 Views


FM Sitharaman Warns Banks: Mis-Selling Financial Products is an Offence, RBI to Tighten Rules

   24 February 2026 at 08:58

Finance 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.

Posted in Others |   3021 Views



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