India Tax Updates

The Institute of Cost Accountants of India has released a practical guide to tax compliance and planning.
The key points to note are:
- The tax audit limit has been proposed to be increased by the ICAI.
- A dedicated dashboard has been developed at the UDIN portal for real-time tax audit limit tracking and assignment monitoring.
- The ICAI has announced action against CA firms quoting extremely low tender fees.
- The ICAI has published the CA Foundation May 2026 results, with Sakshi Jain securing the top rank.
Some other important updates include:
- The Delhi Government has notified VAT exemption/refund facility for the Jamaica High Commission.
- The MPESB has published the detailed Group 2 Recruitment 2026 notification on its official website.
- The HSSC CET Group D recruitment notification was released on June 18, 2026.