Daily Newsletter - June 10, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

RBI Drafts

SEBI Draft

Acts & Regulations:

RBI Master Directions

Legal Updates:

Income Tax

GST

RBI

Customs

News Update:

Indian News:

Rajesh Exports says will cooperate with audit, won't challenge Sebi's order

Govt extends microfinance guarantee scheme, raises loan cap to ₹1,000 cr

Sebi mulls easing executive remuneration disclosure norms for AMCs

Firms defaulting on labour wage may face ban from govt tenders

Need to register gig workers by June 21, government tells platforms

Commerce ministry raises anti-dumping duty rejection issue at 'highest level'

RBI opens special window: NRI dollar deposits could earn higher interest

Fully utilise AI, technology to improve GST, tax collections: Andhra CM to officials

ED raids Ludhiana CA Ankur Garg's residence in Hampton Sky Realty money laundering probe

Government kicks off bourse-based coal trading; rules notified

Government raises Rs 20,000cr via disinvestment, asset sale

Maharashtra cabinet clears amendments to GST law to align state with Centre, eases compliance for businesses

RBI exempts FCNR(B), ECB swap positions from banks' NOP-INR limits

RBI launches FCNR(B) swap facility, allows banks flexibility on rates

Dollar-rupee swap window opened for PSUs' overseas borrowings till December

More measures on gold coming? Finance Ministry asks banks for information on gold metal loans

Planning a PF withdrawal? Here's all you need to know about tax rules

Bombay high court bins government’s 12 retrospective spectrum charge; telecom companies get relief

International News:

KPMG’s audit scandal could be worse than PwC’s tax leaks. Here’s why

Exposure Draft:

RBI Drafts:

Draft Harmonisation and Consolidation of Instructions on Control / Assurance Functions
[Last date for Comments: July 9, 2026] 

Draft Amendment Directions on 'Standardised Approach for Counterparty Credit Risk (SA-CCR)'
[Last date for Comments: July 1, 2026] 

SEBI Draft:

Consultation paper on review of provisions on disclosure of Executive Remuneration by Asset Management Companies (AMCs)
[Last date for Comments: June 30, 2026] 

Acts & Regulations:

RBI Master Directions:

Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on June 8, 2026)

Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on June 8, 2026)

Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on June 8, 2026)

Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on June 8, 2026)

Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on June 8, 2026)

Master Direction – Export of Goods and Services (Updated as on June 5, 2026)

Legal Updates:

Income Tax:

The Income-tax (Amendment) Ordinance, 2026 - Grants tax exemptions on interest and capital gains arising from Government securities for FIIs and the Bank for International Settlements

GST:

Empowers the Principal Bench of the Appellate Tribunal, New Delhi to hear appeals made u/s 101B [CGST Notification No.2]

Advisory: Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities

RBI:

NOP-INR position of Authorised Dealer Category-I banks

Swap Facility for External Commercial Borrowings and Overseas Foreign Currency Borrowings

Swap Facility for FCNR (B) Deposits

Customs:

Seeks to amend Notification No. 62/2022-Customs dated 26th December, 2022 [Notification No.21]

Appointment of Common Adjudicating Authority in the case of M/s. Koinone Polytech India Pvt. Ltd., (IEC: AAHCK5987A) – Consolidated Adjudication of Multiple Show Cause Notices arising from SVB Investigation Report No. Cus/SVB-DEL/85/2020-21 dated 17.12.2020 [Notification No.52(NT)]