Daily Newsletter - March 25, 2026

Latest additions to CAalley:

News Update:

Indian News

Budget 2026

International News

Exposure Drafts:

SEBI Drafts

Legal Updates:

MCA

SEBI

IFSCA

IRDAI

DGFT

Customs

News Update:

Indian News:

Income Tax Rules 2026: What changes for credit card users from April 1

Soon, you may be able to gift mutual funds like vouchers- Sebi proposal

8cr GST fraud: Firm director sent to 14-day judicial custody

Man surrendered tenancy rights for Rs 11 crore flat; ITAT Mumbai ruled in his favour

Companies Act seeks to allow new exec compensation tools

Income Tax Rules 1962 amended: Banks to collect more details from account holders; here’s what you may need to disclose

India to begin carbon market trading in the country within four months

Budget 2026:

Lok Sabha passes Finance Bill 2026 with 32 government amendments

International News:

FRC publishes guidance to help investors and advisors recognise the value of flexible governance reporting

Exposure Drafts:

SEBI Drafts:

Consultation Paper on Framework of IT Resilience Index for Market Infrastructure Institutions (MIIs)
[Last date for Comments: April 15, 2026] 

Consultation Paper on introduction of Gift Card/ Gift PPI (Prepaid Payment Instrument) for Mutual Funds
[Last date for Comments: April 14, 2026] 

Legal Updates:

MCA:

Advisory for Stakeholders for Name Reservation and Incorporation of Company and LLP

The Companies (Accounting Standards) Amendment Rules, 2026

SEBI:

Clarification regarding eligibility of members of the Institute of Cost Accountants of India to conduct annual audit of Research Analysts

Clarification regarding eligibility of members of the Institute of Cost Accountants of India to conduct annual audit of Investment Advisers

Addendum to SEBI Circular on Borrowing by Mutual Funds

IFSCA:

Report of the Internal Working Group on Creation of Regulatory Ecosystem for Independent Financial Advisers (IFAs) at GIFT-IFSC

IRDAI:

Servicing to the policyholders – Special Measure for the current Financial Year 2025-26

DGFT:

Restoration of RoDTEP rates [Notification No.66]

Extension in the validity of TRQ Authorisation for import of gold under India-UAE CEPA (Tariff Head 7108) issued in FY 2025-26, till 30.06.2026 [Public Notice No.53]

Customs:

Customs (Electronic Cash Ledger) (Amendment) Regulations, 2026 [Notification No.30(NT)]

Ease of Customs Duty Payment - Introduction of Payment Aggregator [Circular No.13]