LatestAccounting And Audit 17 July 2026
India Tax Updates
The Institute of Chartered Accountants of India has launched its Global Orbit Summit 2026 to strengthen India's leadership in global capability centers. Additionally, various tax law updates have been announced, including changes to presumptive taxation and service tax exemptions. The ICAI has also launched a fully integrated PRB web portal and announced the cost inflation index for FY 2026-27.
The Institute of Chartered Accountants of India (ICAI) has launched its Global Orbit Summit 2026 to strengthen India's leadership in global capability centers. Key topics include:
- *ICAI Global Summit 2026* to solidify India's position in global capability centers
- *Presumptive taxation* updates and their impact on taxpayers
- *Service tax exemptions* for canal and irrigation works
- *ICAI's fully integrated PRB web portal* for streamlined peer review
- *Cost inflation index* for FY 2026-27 announced by CBDT,
for more details visit the ICAI website
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