Daily Newsletter - August 27, 2026
Latest additions to CAalley:
Exposure Draft:
Acts & Regulations:
CA's Referencer:
International Content:
Legal Updates:
News Update:
Ex-GST superintendent, wife get RI in disproportionate assets case
Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for many
Tata Steel gets major Supreme Court relief in ₹890 crore GST dispute
As AI poses threat to critical financial systems, how regulators are stepping up vigil
Banks, NBFCs to reset partnership terms with fintech firms
Brother-sister CA duo siphoned off Rs 555 crore in 5 years, Kolkata Police bust racket
MCA financial year flexibility comes with tax reporting catch for companies
Couple wins Rs 2.25 crore black money case in ITAT
Income tax dept steps up prosecution of TDS defaults; Naftogaz India MD gets 22-month jail term
NFRA flags gaps in going concern audits, asks auditors to challenge forecasts, funding claims
Sebi bars Varanium Cloud, promoter from securities market for seven years
Banks told to have stricter norms for eligibility of forensic auditors
[Agra] Case against CA for facilitating Rs 25 cr illegal foreign remittances
Indian CAs May Soon Get Wider Professional Recognition in Singapore
SPARSH pension portal: How to track pension, benefits and life certificate
GSTAT filings cross 75,000, but only 83 cases disposed of so far
[Hyderabad] CA booked for ‘enabling’ Rs 629 cr in dubious foreign remittances
Latur CA Booked For Issuing Certificates To Facilitate Remittance Of Hundreds Of Crores Abroad
NRI sending money to parents in India? This one mistake could trigger an income tax notice
Joint FCNR(B) accounts for NRIs: Eligibility, rules and tax benefits
GST registration for big businesses: Centre, states work on uniform documents for faster approvals
An audit of audits: KPMG has audited 19 companies for 20 years or more
PCAOB enforcement staff drops routine no-deny requirement in settlements, citing SEC alignment
Exposure Draft:
Consultation Paper on Secondary Listing of Exchange Traded Funds in IFSC
[Last date for Comments: September 17, 2026]
Acts & Regulations:
12 RBI Directions Updated as on August 25, 2026
IRDAI (Manner and Procedure for Imposing Penalties) Regulations, 2026
IRDAI (Policyholders’ Education and Protection Fund) Regulations, 2026
CA's Referencer:
NFRA Staff Series on Technology in Audit: 01 -
General Principles for Technology Adoption in Audit
[Published on July 23, 2026]
International Content:
Guidance on Public-Private Partnerships
• Public-Private Partnerships: Disclosure Requirements
• Implementation Guidance for Public-Private Partnerships
Legal Updates:
The Taxation and Other Laws (Amendment) Bill, 2026
[As assented by the President of India]
Legal Updates:
Requirement for Fund Management Entities (FMEs) to maintain a website or webpage
