Daily Newsletter - December 17, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

CA's Referencer:

NFRA

Legal Updates:

Income Tax

SEBI

DGFT

Customs

News Update:

Indian News:

Bring clear statutory timelines for NCLAT: Select committee on IBC Bill

Got income tax refund email? Govt warns it could be a scam, tells taxpayers what to do immediately

Urgent cybersecurity alert: Hackers impersonate Indian Income Tax department using sophisticated malware

Your credit report goes weekly: What RBI’s new rules mean for EMIs, cards and loans

Government plans credit guarantee scheme to ease MFI stress

Lok Sabha clears Insurance Amendment Bill to allow 100% FDI in insurance sector

NPS changes: 10 new rules you must know about NPS accumulation, growth and withdrawal

RBI gives nod to HDFC Bank's arms to acquire up to 9.5% in IndusInd Bank

New insurance bill 2025: 100% FDI, protection for policyholders & more

Income Tax Dept is sending intimations about cash deposit, property purchase, AIS ITR mismatch

EPF ATM, UPI withdrawal rules: Employees can soon withdraw 75% PF through ATM, says Minister

NPS investment update: Scheme A merging with C and E — what Tier I subscribers should know

'I quit without an offer': Indian employee lists 5 ways to exit a toxic job

Foreign firms can't claim full head office expense deduction in India: SC

Dubai-based taxpayer gets I-T notice for unexplained investment in Rs 2 crore Mumbai property; gets relief from ITAT Mumbai

Sebi launches Rs 18 crore recovery proceedings against ‘Baap of Charts’ finfluencer, others

International News:

PCAOB penalizes firm for failing to disclose who worked on audits

IASB proposes new accounting model to improve risk management

CA's Referencer:

NFRA:

Maintenance, archival and submission of Audit File to NFRA
[NFRA Circular]

Legal Updates:

Income Tax:

Jurisdiction of Income Tax Appellate Authority assigned [Notification No.170]

SEBI:

Mandating periodic disclosure requirements - Securitised Debt Instruments (SDIs)

SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2025

DGFT:

Procedure for implementation of Import Management System for import of restricted IT Hardware (viz. Laptops, Tablets, All-in-one Personal Computers, Ultra small form factor computers and Servers under HSN 8471) for the calendar year 2026 [Circular No.8]

Procedure for Allocation of TRQ under tariff head 7108 (Gold TRQ) under India-UAE CEPA for FY 2025-26 [Public Notice No.39]

Revised SIONs for the Chemical and Allied Products [Public Notice No.38]

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.77(NT)]

Seeks to amend notification No. 14/2021-Customs (ADD), dated the 18th March, 2021 to extend the levy of anti dumping duty on 'Faced Glass Wool in Rolls' originating in or exported from People's Republic of China, up to and inclusive of 17th June, 2026 [Notification No.34(ADD)]