LatestAccounting And Audit 14 July 2026
India News Updates
The Central Government has authorized Maharashtra to access tax data for a farmer loan waiver scheme, and the Institute of Chartered Accountants of India has launched the Global Orbit Summit 2026 to strengthen India's GCC leadership. These developments are expected to have significant impacts on the country's economy and financial sector.
The Central Government has authorized Maharashtra to access tax data for a farmer loan waiver scheme. This move is expected to help the state implement the scheme more effectively.
- The government has issued a notification under Section 258(1)(b) of the Income-tax Act, 2025, allowing Maharashtra to access tax data.
- The *Institute of Chartered Accountants of India* has launched the *Global Orbit Summit 2026* in New Delhi to strengthen India's GCC leadership.
- The summit aims to promote India's accounting profession and provide a platform for discussions on global issues.
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