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Daily Newsletter - November 17, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

IBBI Draft

Financial Reporting Council Draft

Acts & Regulations:

IFSCA Regulation

Legal Updates:

DGFT

Customs

 


  

News Update:

Indian News:

India-US trade deal's first phase close to being finalised

Infosys launches AI-first model to transform GCCs into innovation hubs

ITR forms, rules under new Income Tax Act to be notified by Jan: CBDT chief

CBDT confident of meeting FY26 tax target; refund checks slowing outflows

Stake sale or merger: Grant Thornton is said to study options for $2 billion India unit

India Inc rethinks internal audits amid data fraud, AI

Latest gratuity rules for NPS subscribers: Central govt describes eligibility criteria for employees resigning from their job

Digital life certificate rejected? Here's why it happens and how to fix it

Panel suggests reforms to make life easy for small enterprises

Tax and tariff disruptions reshape supply chains as strategic engines: PwC

Hong Kong looks to grow bilateral investment flows with India

Examining relief measures for SEZs to boost production: Piyush Goyal

Homeowners, not housing society, must pay capital gains tax on sale of development rights to builders, rules ITAT Mumbai

Sebi to discuss panel’s conflict of interest report next month

  

International News:

FRC imposes sanctions against BDO LLP and two audit engagement partners

Fear of AI is Rising: Why Managers—and Their Bosses—Feel Unprepared


Exposure Drafts:

IBBI Draft:

Discussion Paper on Strengthening the Valuation Process under the Insolvency and Bankruptcy Code, 2016
[Last date for Comments: December 7, 2025] 

  

Financial Reporting Council Draft:

Enhancing Auditor’s Reports
Proposed Revisions to UK Auditor Reporting Standards

[Last date for Comments: January 16, 2026]
 


Acts & Regulations:

IFSCA Regulation:

IFSCA (Performance Review Committee) Regulations, 2022 as amended up to 29.09.2025


Legal Updates:

DGFT:

Amendment in Import Policy of ITC HS 71131921 covered under Chapter 71of ITC (HS) 2022, Schedule –I (Import Policy) [Notification No.48]

 

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.74(NT)]

Launch of Online Module for Permissions under Section 65 (MOOWR and MOOSWR) [Circular No.28]


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