Daily Newsletter - August 14, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

SEBI Drafts

IFSCA Draft

Useful Forms:

ITR eFiling Utilities for AY 2026-27

CA's Referencer:

Accounting & Auditing

Legal Updates:

SEBI

News Update:

Indian News:

RBI to prematurely end FCNR(B) swap facility, deposits allowed till Aug 31

FinMin warns against high turnover, payroll criteria in GeM tenders

Cyber fraud probe over Rs 36,000 cannot block entire bank account, says Allahabad HC

No GST arrests without communicating order, ‘reasons to believe’: Supreme Court

Waiting for higher EPFO pension? Govt announces 4 steps to speed up claims

NPS for NRIs: Investment options, account rules and repatriation explained

NRI used NRE account to buy property, got tax notice; ITAT grants full relief

NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rules

Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?

RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowers

Sebi proposes mandatory 'Credit Risk-o-Meter' for debt securities

China extends anti-dumping duties on Indian optical fibre for 5 years

International News:

[Australia] KPMG discloses new evidence to regulators regarding whistleblower allegations

Exposure Drafts:

SEBI Drafts:

Consultation paper on the mandatory adoption of a Credit Risk-o-Meter as an additional disclosure mechanism for debt securities
[Last date for Comments: September 3, 2026] 

Consultation Paper on review of Accredited Investor framework
[Last date for Comments: September 3, 2026] 

IFSCA Draft:

Consultation Paper on the Draft Circular titled “Framework for Leasing Activity in International Financial Services Centre"
[Last date for Comments: September 2, 2026] 

Useful Forms:

ITR eFiling Utilities for AY 2026-27:

Released on August 14, 2026:
ITR 7:
* Utility for Windows
* Utility for MAC

Updated on August 14, 2026:
ITR 5:
* Utility for Windows
* Utility for MAC

Updated on August 13, 2026:
ITR 2
* Excel Utility
* Schema
* Schema Change Document

CA's Referencer:

Accounting & Auditing:

General Financial Rules (GFR), 2017 (Essential for Government & PSU Auditors) 
[Updated upto January 31, 2026]

Legal Updates:

SEBI:

Modification in the regulatory framework for Online Bond Platform Providers (OBPPs) including measures for promoting ease of doing business

Framework for Calculation of Net Distributable Cash Flows for InvITs