Important Links
Indian News
- Sebi extends deadline for brokers to file net worth certificate for margin trading
- No more misleading stock tips? Sebi cracks down on fraudulent influencers
- India plans outreach programmes in 40 nations to push textiles exports amid 50% US tariffs
- MSMEs must focus on quality, competitiveness, and global integration: Govt
- 87A and STCG: Will recent ITAT ruling on Section 87A allow taxpayer to claim 87A rebate on Short term capital gains while filing ITR?
- Simpler, smarter ITR forms ahead as New Income Tax Act kicks in from April
- Opted for UPS and thinking of going back to NPS? Here's all you need to know
- I-T dept launches crackdown on tax evasion, misuse of CSR donations
- Fitch affirms India’s credit rating at 'BBB-'
- Taxman may get more power to demolish benami realty deals
- New GST Rates Likely By September 22: Sources
- CIBIL score not mandatory: Govt tells banks not to reject first-time loans
- CA, friend booked for ₹217 crore GST fraud in Ahmedabad
- CBI arrests proclaimed offender Dinesh D Gehlot in bank fraud case
- No income tax for lady who sold land for Rs 4.5 crore; Know how a 1955 circular saved the day for her
- Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending
- Bengaluru CA says don't cheer much when you are overpaid. It could be a trap
- Sebi block deal rules: Market regulator proposes Rs 25 crore minimum block deal order size; pricing band review planned
- GST Council to meet on Sep 3-4 to discuss key reforms in tax system
- Centre notifies Income-tax Act, 2025; to come into force from April 1, 2026
International News
- EY and ACCA urge stronger AI checks to bridge trust gaps
- AI isn’t going to take accountant’s jobs, but it can fill the talent gaps
- Thailand to allow foreign tourists to convert Crypto to Baht
- AI evolution prompts sense of urgency among CFOs: Oracle
- FASB introduces guidance on credit losses for receivables
- ISACA Expands Eligibility of First-ever Advanced AI Audit Certification
- PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner
- Federal Reserve leaves interest rates unchanged even as Trump demands cuts
- World Bank plans securitisation, debt swaps to boost development
- New UK AI audit standard aims to crack down on ‘wild west’ operators
- Charting the global economy: ECB holds rates for first time in a year
- SEC names George Botic as acting chair of PCAOB
- PCAOB Chair Erica Williams to Resign at Request of SEC Chairman
- [UK] BDO criticised by regulator over audit quality
- China tightens grip on rare earth sector with silent quota release
- FRC publishes annual audit firm inspection results
- US audit watchdog sanctions Canadian accounting firm Raymond Chabot Grant Thornton LLP
- PCAOB Fines Illinois Firm $50,000 Over Failures in 17 Broker-Dealer Audits
- IAASB revises auditor fraud standard
- PCAOB Shares Good Practices for Auditors on Engagement Acceptance
- AICPA proposes to toughen auditors' responsibilities for spotting fraud
- PCAOB To Host Virtual Workshops To Assist Smaller Audit Firms With Implementation of New Quality Control Standard
Taxation Laws Update
- Customs Notification No.51(NT): Revision of AIR of duty drawback of Gold jewellery and silver jewellery/articles
- Income Tax Notification No.136: Income-tax (24th Amendment) Rules, 2025 - Amendment in conditions for specified fund as defined in Section 10(4D)
- Income Tax Notification No.135: Income-tax (23rd Amendment) Rules, 2025 - Meaning of gross income and gross eligible income of IFSC Insurance Office
- Income Tax Instruction: Amendment of instruction issued u/s 84 of Black Money Act, 2015
- CGST Notification No.12: Due date extend for Form GSTR-3B for the month of July,2025 for some districts of Maharashtra
- Customs Update - August 20, 2025
- Income Tax Notification No.133: Income tax (22nd Amendment) Rules, 2025 - Income Thresholds for Taxability of Perquisites u/s 17 of the Income-tax Act, 1961
- Income Tax Notification No.132: Income-tax (21st Amendment) Rules, 2025 - Amendment to Form No.7
- Customs Notification No.50(NT): Fixation of Tariff Value of Edible Oils, Brass,Scrap, Areca Nut, Gold and Silver
- Customs Instruction No.26: CBIC - Guidelines regarding export of items suspected to be covered under SCOMET
- Customs Update - August 6, 2025
- Customs Notification No.48(NT): Fixation of Tariff Value of Edible Oils,Brass Scrap, Areca Nut, Gold and Silver
- Income Tax Notification No.126: The Income-tax (20th Amendment) Rules, 2025 - Changes in the Income Tax Rules, 1962 subsequent to the amendment of Section 10(4E)
- Income Tax Circular No.10: Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC
- Customs Update - July 25, 2025
- Customs Update - July 23, 2025
- Income Tax Circular No.9: Partial Modification of Circular No.3/2023 reg consequences of PAN becoming inoperative as per Rule 114AAA
- Customs Update - July 21, 2025
- GST Advisory: Regarding GSTR-3A Notices issued for non-filing of form GSTR 4 to cancelled Composition Taxpayers
Corporate Laws Update
- SEBI (Foreign Portfolio Investors) Regulations, 2019 (Updated upto August 12, 2025)
- IFSCA (Fund Management) Regulations, 2025 (Amended up to July 30, 2025)
- DGFT Public Notice No.19: Fixation of new SION No. A-3693 & A-3694
- DGFT Update - August 22, 2025
- IBBI (CPE for Insolvency Professionals) Guidelines, 2019 (Updated)
- MCA Notification: Companies (IndAS) 2nd Amendment Rules 2025
- DGFT Notification No.25: Amendment to Para 4.61 and Para 4.63 of FTP-2023
- RBI Master Direction: Know Your Customer (KYC) Direction, 2016 (Updated as on August 14, 2025)
- RBI Circular: RBI (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025
- SEBI (Investment Advisers) Regulations, 2013 [Updated upto August 7, 2025]
- SEBI (Research Analysts) Regulations, 2014 [Updated upto August 6, 2025]
- SEBI Circular: Extension of timeline - ‘Margin obligations to be given by way of pledge/Re-pledge in the Depository System’
- DGFT Trade Notice No.10: Online Deemed Export Application Module - FTP 2015-20 - Reiteration of guidelines for compliance
- RBI Report: FREE-AI Committee Report
- SEBI: Master Circular for Debenture Trustees
- RBI Circular: Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System
- SEBI Circular: Use of liquid mutual funds and overnight mutual funds for compliance with deposit requirement by Investment Advisers and Research Analysts
- IFSCA Circular: Opening of an account of a person resident in India
- IBBI Bill: The Insolvency and Bankruptcy Code (Amendment) Bill, 2025
- IBBI Notification: Amendments to the IBBI (CPE for Insolvency Professionals) Guidelines, 2019
- RBI Master Direction: RBI (Non-resident Investment in Debt Instruments) Directions, 2025
- IFSCA Circular: Regulatory Framework for Global Access in the IFSC
- SEBI: Notifications amending Investment Advisers / Research Analysts Regulations
CA's Referencer
- CA's Referencer - ICAI: Utility For Legal Format of Important Documents
- CA's Referencer - ICAI: Checklist for Preparation of ITR Forms (ITR 1 & ITR 4) [Published by ICAI in August, 2025]
- CA's Referencer - ICAI: Checklist for Certificates issued by Chartered Accountants
- CA's Referencer - MSME: Handbook On “Know Your Lender, Grow Your Business”
- Excel Utilities for New formats for Financial Statements
- Benefits available to Non- Residents - AY 2026-27
- List of benefits available to Small Businessmen - AY 2026-27
- Benefits available exclusively to Resident Persons and Indian Companies --AY 2026-27
- Benefits available only to Individuals & HUFs - AY 2026-27
- List of benefits available to Salaried Persons - AY 2026-27
- Treatment of Income from Different Sources
- Penalties - AY 2026-27
- Periods of Limitation - For AY 2026-27
- Various Threshold Limits under the Income Tax Act for AY 2026-27
- Gold and silver rates from 01/04/1981 - As amended by Finance Act, 2025
- Tax rates as per IT Act vis a vis Tax Treaties -- as amended by Finance Act, 2025
- Withholding tax rates -- as amended by Finance Act, 2025
- TDS on transfer of certain immovable property - AY 2026-27
- Depreciation Rates - As amended by Finance Act, 2025
- TDS Rates - For AY 2026-27
- Income Tax Rates - AY 2026-27 and 2025-26
- CA's Referencer: CBDT Central Action Plan 2025-2026
- CA's Referencer: NFRA Auditor-Audit Committee Interaction Series 3 - Related Parties
- CA's Referencer: NFRA Auditor-Audit Committee Interaction Series 2 - Audit Strategy and Planning
- CA's Referencer: CBDT Guide for Departmental Officers: Assessment of Charitable / Religious Trusts and Institutions
International Content
International Financial Reporting Standards (IFRS)
IFRS Sustainability Disclosure Standards
Reference Updates
- ICAI Publication: Handbook on Invoicing under GST
- ICAI Publication: Handbook on Exempted Supplies under GST
- FRC Reference Material: Technical Actuarial Standard 300: Pensions
- The Income Tax Act, 2025
- FRC Reference Material: Annual Review of Audit Quality 2025 - July 2025
- IFRS Reference Material: Using ISSB Industry-based Guidance when applying ISSB Standards
- IFRS Reference Material: Disclosing information about an entity’s climate-related transition, including information about transition plans, in accordance with IFRS S2
- ICAI Announcement: Widening the scope of mandatory applicability of AQMM and disclosure thereof
- ICAI Publication: Practical Guide to GST Disputes by ICAI
Acts / Regulations & FAQs
IBBI Acts / Regulations / FAQs
IFSCA Acts / Regulations / FAQs
Exposure Drafts
- RBI Discussion Paper: Review of Monetary Policy Framework
- 2 SEBI Drafts - August 25, 2025
- RBI Draft Circular: Counterparty Credit Risk: Add-on factors for computation of Potential Future Exposure
- SEBI Draft: Implementation of Eligibility criteria for Derivatives on Non-Benchmark indices
- SEBI Draft: Review of requirement of Minimum Public Offer and timelines to comply with Minimum Public Shareholding for issuers
- FEMA Draft: Foreign Exchange Management (Guarantees) Regulations, 2025
- IBBI Draft: Review of Limit on Number of Assignments by IPs
- IBBI Draft: Deletion of Clause 6 from the Code of Conduct for Insolvency Professionals
- SEBI Draft: Review of SEBI (Stock Brokers) Regulations, 1992
