Daily Newsletter - December 12, 2025
Latest additions to CAalley:
Exposure Draft:
Acts & Regulations:
Legal Updates:
News Update:
ICAI clears amendment to Code of Ethics, allowing advertising by CA firms
Easier audit norms for smaller units soon
Banks bring back in-person verification as digital fraud risks escalate
Your NPS can now invest in gold, silver, REITs, IPOs: Here's why it matters
ICAI Council approves revisions in auditing standard SA 600
UDINs help prevent potential frauds of Rs 80,000 crore: ICAI
Sebi defers timeline to implement third phase of nomination framework for securities mkt
40% tax deduction applies only to income from long-term finance: SC
RBI revises cash credit and overdraft norms to boost monitoring, discipline
Homebuyer sold redevelopment rights, claimed tax exemption, wins case in ITAT Mumbai
FinMin streamlines recruitment, result timelines for public sector banks
GSTAT state benches may miss December rollout as staffing, infra lag
Over Rs 1 trn in unclaimed deposits: How to find, get back your money
Mexico to impose tariff hike of up to 50% on India, Asian nations from 2026
PFRDA widens pension fund investment rules to boost returns and diversity
AI Isn’t a Threat to Auditors — It’s the Key to Elevating the Profession
Exposure Draft:
Exposure Draft of Ind AS 119, Subsidiaries without Public Accountability: Disclosures
[Last date for Comments: March 5, 2026]
Acts & Regulations:
Master Direction – Reserve Bank of India (Rupee Interest Rate Derivatives) Directions, 2025
[Published on Dec 08, 2025]
Legal Updates:
Provisions relating to Strengthening Governance of Market Infrastructure Institutions (MIIs)
SEBI (Real Estate Investment Trusts) (Third Amendment) Regulations, 2025
SEBI (Infrastructure Investment Trusts) (Fourth Amendment) Regulations, 2025
SEBI (Substitution of Registered Post with Speed Post) (Amendment) Regulations, 2025
SEBI (Intermediaries) (Third Amendment) Regulations, 2025
SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2025
SEBI (Merchant Bankers) (Amendment) Regulations, 2025
SEBI (Share Based Employee Benefits and Sweat Equity) (Second Amendment) Regulations, 2025
Implementation of provisions of the Banking Laws (Amendment) Act, 2025
Amendments in Standard Input Output Norms (SION) A-290 [Public Notice No.37]
