Daily Newsletter - May 9, 2025
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
Delhi South CGST officials bust GST ITC fraud worth ₹7.85 crore; Chartered Accountant arrested
India imposes 5-year anti-dumping duty on Chinese, Vietnamese solar glass
'80% seems right': Donald Trump floats slashing China tariffs to ease trade war
Finance Ministry unveils draft ‘climate taxonomy’ document to aid clean energy investment
Forensic review reveals IndusInd Bank executives traded in its shares
Govt clears revised credit guarantee scheme for startups, max cover ₹20 cr
RBI removes short-term investment limits for FPIs in corporate debt
Paytm parent One 97 Communications settles Esop case with Sebi
GST fraud: ED raids in Jharkhand, West Bengal
Karnataka high court: GST cannot be imposed on solatium paid to landowner
Won money on Dream11, My11Circle? Know income tax rules for this casual income
RBI bumper payout to help offset shortfall in tax revenues, say analysts
What are Specialised Investment Funds and how will they impact investors?
NSE receives in-principle approval from Sebi for electricity derivatives
RBI recognises FIMMDA as SRO for financial markets under new framework
RBI framework suggest impact analysis before finalising regulations
FASB proposes guidance on accounting for debt exchanges
Bank of England cuts main interest rate by 0.25% amid US tariff uncertainty
US Fed holds rates steady, cites risk of higher inflation, unemployment
Exposure Drafts:
Consultation Paper on draft IFSCA (TechFin and Ancillary Services) Regulations, 2025
[Last date for Comments: June 1, 2025]
Consultation Paper on draft Revamped Regulatory Framework for Global Access in the IFSC
[Last date for Comments: May 19, 2025]
Draft Modification to Chapter VII of the Master Circular for listing obligations and disclosure requirements for Non-Convertible Securities, Securitized Debt Instruments and Commercial Paper
[Last date for Comments: May 30, 2025]
Acts & Regulations:
Legal Updates:
The Income-tax (17th Amendment) Rules, 2025 - ITR Form V notified [Notification No.45]
GST Advisory: Updates in Refund Filing Process for Recipients of Deemed Export
GST Advisory: Updates in Refund Filing Process for various refund categories
The Companies (Ind AS) Amendment Rules, 2025
The CCI (Determination of Cost of Production) Regulations, 2025
RBI (Digital Lending) Directions, 2025
Investments by FPI in Corporate Debt Securities through the General Route – Relaxations
Policy Statement: Framework for Formulation of Regulations
