Daily Newsletter - February 9, 2026
Latest additions to CAalley:
Exposure Drafts:
Acts & Regulations:
From the ICAI:
Legal Updates:
News Update:
New I-T rules, forms by March; Income Tax Act to take effect from April 1, 2026
Faceless I-T appeal system erupts as senior officers want reviews sans rulebook
EPFO to appoint new partner agencies, change custodian after 15 years
Rs 40k added to man’s income for political donation; he wins in ITAT Rajkot
Higher income tax for salaried people for using company car under the draft Income Tax Rule, 2026
New EPFO app to allow members to withdraw EPF money via UPI: Report
India will support steel exports hit by Europe's carbon tax: Govt official
New income tax rules coming soon - and taxpayers can now give feedback
India-US trade deal: Fine print separates fear from facts
India, Malaysia sign 11 agreements, boost semicon and defence ties
Govt to constitute high-level committee on banking soon: FM Sitharaman
RBI removes investment cap under voluntary retention route for FPIs
RBI to roll out risk-based premium model for deposit insurance from April
RBI frees branch expansion for large gold-loan NBFCs, easing prior approval rule
How AI is transforming the audit — and what it means for CPAs
Exposure Drafts:
The Standard on Auditing for Audits of Financial Statements of Less Complex Entities (SA for LCE)
[Last date for Comments: March 20, 2026]
Draft Income-tax Rules & Forms, 2026
[Last date for Comments: February 22, 2026]
Acts & Regulations:
Master Circular for Research Analysts
Master Circular for Investment Advisers
Master Circular for Registrars to an Issue and Share Transfer Agents
From the ICAI:
Handbook on Registration under GST (Third edition)
[Published in November 2025]
Legal Updates:
Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026
Streamlining of Halal Certification Process for Meat and Meat Products [Notification No.59]
