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Latest Tax, GST, ICAI & Regulatory News and Updates

CA Samaaj brings together current tax, accounting and regulatory developments that matter to chartered accountants, finance teams, businesses and taxpayers. Follow changes in Income Tax and GST, ICAI announcements for students and members, RBI banking and payments updates, and SEBI market regulations from one organised news hub. Each story links to its full report, while the topic hubs below make it easier to follow a particular authority or compliance area. Publication dates shown on stories come from the existing News record, so readers can distinguish recent developments from older coverage without artificial freshness signals.

Latest News & Updates

Explains Appeals and Revisions Under Income Tax Act, 2025

Income Tax Department Explains Appeals and Revisions Under Income Tax Act, 2025: Key Transition Rules for Pending and New Cases

22nd Aug 2026

The Income Tax Department's FAQs confirm that appeals for AY 2026-27 and earlier years stay under the 1961 Act, map the new sections 356 to 379, and explain DRC, revision and remand rules.

Income Tax

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Penalises Shri Ram Finance Corporation ₹8.10 Lakh Over Governance and KYC Compliance Lapses

RBI Penalises Shri Ram Finance Corporation ₹8.10 Lakh Over Governance and KYC Compliance Lapses

22nd Aug 2026

RBI fined Shri Ram Finance Corporation ₹8.10 lakh for changing over 30% of its directors without prior approval, not risk-categorising customers and late CKYCR uploads.

RBI

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Income Tax Portal Updates Link Aadhaar Manual for Income Tax Act, 2025: What Taxpayers Need to Know

Income Tax Portal Updates Link Aadhaar Manual for Income Tax Act, 2025: What Taxpayers Need to Know

22nd Aug 2026

The e-Filing portal's Link Aadhaar manual now cites section 262 of the Income Tax Act, 2025. The Rs 1,000 delayed-linking fee is paid under the 2025 Act as Other Receipts (500) before the request.

Income Tax

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Publishes Detailed FAQ on Transition to Income Tax Act, 2025

Income Tax Department Publishes Detailed FAQ on Transition to Income Tax Act, 2025: Tax Year, Old Proceedings and Existing Choices Explained

22nd Aug 2026

The Income Tax Department's FAQs explain Tax Year, section 536 savings for old proceedings, continuing options such as the section 202 new regime, and how both Acts run side by side.

Income Tax

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Considers Net Settlement for Mutual Funds to Ease Cash-Management Pressures

SEBI Considers Net Settlement for Mutual Funds to Ease Cash-Management Pressures

22nd Aug 2026

SEBI Chairman Tuhin Kanta Pandey said the regulator is examining a proposal to allow mutual fund schemes to settle equity-market fund obligations on a net basis, a change that could reduce intraday liquidity pressure for asset management companies.

SEBI

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Penalises Progfin Private Limited ₹2.70 Lakh Over KYC Risk-Review Lapse

RBI Penalises Progfin Private Limited ₹2.70 Lakh Over KYC Risk-Review Lapse

21st Aug 2026

The Reserve Bank of India has imposed a ₹2.70 lakh monetary penalty on Progfin Private Limited after finding a lapse in the periodic review of customer risk categorisation required under its KYC framework.

RBI

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ICSI to Declare June 2026 CS Professional and Executive Results on August 25

ICSI to Declare June 2026 CS Professional and Executive Results on August 25

21st Aug 2026

ICSI will declare the June 2026 CS Professional Programme result at 11:00 AM and the Executive Programme result at 2:00 PM on August 25, 2026, with December exam enrolment opening the next day.

ICSI

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ICSI Seeks Further Extension of CCFS 2026 Beyond August 31, Citing MCA-21 V3 Filing Issues

ICSI Seeks Further Extension of CCFS 2026 Beyond August 31, Citing MCA-21 V3 Filing Issues

21st Aug 2026

ICSI has formally asked MCA to consider extending the Company Compliance Facilitation Scheme 2026 beyond August 31, citing filing volumes, MCA-21 V3 technical issues and approval delays.

Company Law

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Central Board Reviews Economic Outlook, Operations and Ombudsman Scheme at 624th Meeting

RBI Central Board Reviews Economic Outlook, Operations and Ombudsman Scheme at 624th Meeting

21st Aug 2026

RBI's Central Board met in Chennai on 21 August 2026 to review the economic outlook, RBI operations, committee functioning and the Ombudsman Scheme. Key features of the Integrated Ombudsman Scheme, 2026 explained.

RBI

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NSE FATF Compliance Submission Is Due August 21

NSE FATF Compliance Submission Is Due August 21: Trading Members Told to Update ENIT New Compliance

21st Aug 2026

NSE Circular 42/2026 required trading members to file FATF action-taken details for the June 2026 plenary in ENIT New Compliance by 21 August 2026, with a digitally signed declaration.

SEBI

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