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LatestAccounting And Audit 12 November 2026

India Updates: Jobs, Tax, Finance

India sees a flurry of regulatory and hiring announcements: the Air Force released AFCAT 01/2027 notifications for 284 posts, SEBI ordered FATCA and CRS updates for intermediaries, corporations prepare for Ind AS 118 and auditor changes, foreign firms compare subsidiary versus branch tax rates for FY 26‑27, the tax‑free ceiling for Diwali gifts to staff rises, ICAR opened 1,393 Technical Assistant vacancies, and India Infraspace posted a ₹25.38 lakh profit in Q2FY27.

Key updates:
- AFCAT 01/2027: Notification released for 284 Indian Air Force posts. Apply between 12 Nov and 11 Dec 2026. Read more
- SEBI FATCA/CRS directive: All registered intermediaries must update onboarding and reporting systems. Details
- Corporate accounting shift: Firms move to Ind AS 118 and face new auditor appointments. Article
- Foreign company tax rates: FY 2026-27 rates differ for subsidiaries vs branches. Info
- Diwali gift tax limit: Increased tax‑free amount for employee gifts. Learn
- ICAR Technical Assistant recruitment: 1,393 posts announced, applications open now. Apply
- India Infraspace Q2FY27: Net profit turns positive at ₹25.38 lakh. Report

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