Daily Newsletter - November 19, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

IBBI Drafts

IFSCA Draft

Legal Updates:

IBBI

IFSCA

Customs

News Update:

Indian News:

HDFC Bank tops India's most valued brands for 2025, overtaking TCS

NFRA announces launch of webinar series as part of its 2025-26 initiative “Creating a Better Financial Reporting Ecosystem”

RBI's inflation model under fire as persistent overestimates draw scrutiny

Stop retendering as it leads to inefficiency, CAG tells finance ministry

Trade portal to open new insights for importers, exporters, startups: Goyal

Goyal launches trade intelligence portal to track FTAs, global mkt trends

Need to relook at Rs 15k ceiling for mandatory pension enrolment: DFS Secy

Does illness contracted after taking insurance affects claim or renewal?

Textile expansion: Govt okays 17 firms under PLI scheme; new projects eye Rs 12,893 crore sales lift

India likely to enter Bloomberg Global Index as FPIs give positive feedback

Wife misses loan payments, bank recovers dues from husband's pension kept in joint bank a/c; Odisha HC tells bank to return money

MCA finalises cabinet note; Bill to streamline rules, permit multi-disciplinary firms and widen NFRA's powers

8 yrs after GST, legacy service tax disputes still haunt businesses in Gujarat

International News:

The case for audit confirmations: Compliance, cost, and confidence

ICAEW details GenAI role in streamlining financial close procedures

A New Frontier: CPAs as AI System Evaluators

Exposure Drafts:

IBBI Drafts:

Discussion Paper – Strengthening safeguards and transparency in the CIRP
[Last date for Comments: December 8, 2025] 

Discussion paper on Empowering Director/ Partner in an Insolvency Professional Entity (IPE) by proposing Minimum Shareholding/ Capital Contribution
[Last date for Comments: December 7, 2025] 

IFSCA Draft:

Consultation Paper on proposed amendment to IFSCA (Registration of Insurance Business) (Amendment) Regulations , 2025
[Last date for Comments: November 29, 2025] 

Legal Updates:

IBBI:

Strengthening due diligence under Section 29A

IFSCA:

Requirement of Certification on AML/CFT for Designated Director and Principal Officer under the IFSCA (AML/CTF/KYC) Guidelines, 2022

Customs:

Seeks to impose ADD on “Liquid Epoxy Resins” falling under tariff item 3907 30 10 and 3907 30 90 when imported from China PR, Korea RP, Saudi Arabia, Taiwan and Thailand for a period of 5 years from date of notification [No.33(ADD)]