Daily Newsletter - December 19, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

IRDAI Draft

Acts & Regulations:

Income Tax FAQs

SEBI Regulation

Legal Updates:

GST

IBBI

SEBI

DGFT

Customs

News Update:

Indian News:

Centre to release compliance handbook for new labour codes: Labour secy

Income Tax Dept releases FAQs on tax deduction on donation under Section Section 80G

ED returns ₹300 crore to clear unpaid dues of Kingfisher's employees

Trade deal: India gets zero-duty access on over 99% exports to Oman

India imposes five-year anti-dumping duty on some Chinese steel imports

I-T dept clarifies why intimations on property deals, foreign assets and AIS mismatches are being sent

Irdai proposes allowing insurers to invest up to 20% in infra SPV debt

FinMin unveils single brand logo for Regional Rural Banks nationwide

MCA seeks to add 50 NCLT courts and two NCLAT benches: Panel report

NFRA raps audit firms for violating auditing norms

Sitharaman tables Securities Markets Code Bill: What it is, key features

EPFO clarifies EDLI rules: Weekends, holidays between two jobs not to be counted as break for settling insurance claims

Wide-ranging reforms: Sebi overhauls MF cost framework, stockbroking rules

Taxpayer earned Rs 81 crore tax-exempt income; I-T dept disallowed tax exemption; Taxpayer wins case in ITAT Delhi

International News:

Audit committee disclosures stagnating: CAQ

Bank of England cuts key interest rate to 3.75% amid easing inflation

Exposure Draft:

IRDAI Draft:

Consultation on Insurers’ Investment in Infrastructure SPVs
[Last date for Comments: January 7, 2026] 

Acts & Regulations:

Income Tax FAQs:

FAQs related to Section 80G – NUDGE Campaign

SEBI Regulation:

SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 2025

Legal Updates:

GST:

GST Advisory: Consolidated FAQs on GSTR -9/9C for FY 2024-25

IBBI:

Introduction of Modification Utility & Commencement of levy of fee for delayed filing of Forms under Regulation 40B of the CIRP Regulations

SEBI:

Modification in the conditions specified for reduction in denomination of debt securities

DGFT:

Amendment in Appendix 4B of Handbook of Procedures, 2023 [Public Notice No.40]

Amendment in Import Policy Condition of Specific items covered under Chapter 29 of ITC (HS) 2022, Schedule-I (Import Policy) [Notification No.50]

Customs:

Seeks to impose anti-dumping duty on Cold Rolled Non Oriented Electrical Steel originating in or exported from China [No.35(ADD)]