Daily Newsletter - June 26, 2026
Latest additions to CAalley:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026
Retiree paid tax on exempt income, wins case in ITAT
Pension Sahayak guide: Here's how PFRDA's new grievance portal works
India financial crime agency flags forex breaches, missing records at Rajesh Exports
One of India’s largest gold exporters paid its MD just $180 a month
RBI issues final rules on credit derivatives
RBI proposes wider access to money markets in draft rules for NBFCs, firms
RBI consolidates rules for outright, when-issued & short-sale G-sec trades
Big Six tighten grip on India's audit market despite mandatory rotation
71% of MSMEs on TReDS platform now come from Tier-II and smaller cities: M1xchange report
India plans to value its coal reserves in rupees: What does it mean?
SFIO to probe Rajesh Exports over SEBI's fraud allegations
Lost Rs 50,000 in digital fraud? Soon, you can get 85% amount back if you follow these rules
RBI withdraws concentration-risk exemptions for govt-owned NBFCs
RBI sets compliance blueprint for AI-driven finance under draft framework
RBI to raise large exposure limit for upper layer NBFC-IFCs to 45% from 35% of eligible capital base
SEBI eases certification norms for non-core advisory staffers
Hong Kong’s AFRC sanctions three ex-CPAs after fraud convictions
KPMG Australia's chairman and two partners resign as audit scandal widens
Exposure Drafts:
Draft ‘Guidance on Regulatory Principles for Model Risk Management’
[Last date for Comments: July 24, 2026]
Draft Master Direction – Reserve Bank of India (Secondary Market Transactions in Government Securities) Directions, 2026
[Last date for Comments: July 17, 2026]
Draft Master Direction - Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2026
[Last date for Comments: July 17, 2026]
Acts & Regulations:
Newly Published on June 25, 2026:
Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2026
Updated as on June 24, 2026:
Reserve Bank of India [Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026
Reserve Bank of India (Non-Banking Financial Companies – Governance) Directions, 2025
Master Direction – Reporting under Foreign Exchange Management Act, 1999
Master Direction - Money Changing Activities
Legal Updates:
Review of Circulars issued under Foreign Exchange Management Act, 1999 (FEMA)
Modification of Returns / Reporting requirements under FEMA, 1999
