Daily Newsletter - October 27, 2025
Latest additions to CAalley:
Exposure Drafts:
Useful Forms:
ITR eFiling Utilities for AY 2025-26
From the ICAI:
Legal Updates:
News Update:
Customs update: CBIC consolidates 31 notifications into one; move to boost ease of doing business
SEBI says mutual funds can’t take part in pre-IPO placements
Simplified registration under GST 2.0 from Nov 1, says FM Sitharaman
SEBI cracks down on front-running trades, bars 13 entities from markets
Former IndusInd Bank deputy pays 50% of alleged insider gains to SEBI
Companies law changes may focus on Ease of Business
Revised guidelines likely by March to create desi Big Four
CAs may soon get to advertise their firms
Bank customers can opt for up to four nominees in their accounts from Nov 1
SAT rejects FPIs' appeals on warrants, upholds Sebi's disclosure mandate
Sebi bans First Overseas Capital for 2 years, imposes ₹20 lakh penalty
RBI proposes to allow banks to fund domestic, overseas acquisitions
RBI proposes lower risk weight for NBFC loans to infrastructure projects
RBI draft circular: Banks’ capital market exposure to be limited to 20% of tier 1 capital
RBI proposes to make use of UTI mandatory for OTC derivative transactions
Old shares or dividends left unclaimed? How to reclaim them via IEPF portal
Twist in property sale case: Supreme Court backs sons against father after double sale of land
ICAI chief on why homegrown consulting firms can't take on Big 4
ICAI adds new norms to track frauds
Eternal gets GST demand order, penalty worth ₹128 crore from UP officials
CFOs must focus on a long-term tech plan
Forensic Accounting in the Age of AI: Opportunities and Risks
Exposure Drafts:
Consultation paper on Regulatory Framework for differential distribution in Restricted Schemes and Venture Capital Schemes to facilitate blended finance and other fund structures
[Last date for Comments: November 11, 2025]
Consultation paper for review of LODR Regulations - Clarification regarding the timeline for transfer of unclaimed amount by entity having listed non-convertible securities
[Last date for Comments: November 14, 2025]
Consultation paper on Standardization of process for Opening of Mutual Fund Folios and Execution of First Investment
[Last date for Comments: November 14, 2025]
Circular on Relaxation of India geo-tagging for NRI clients re-KYCKYC modification through digital on-boarding video client Identification process (V-CIP)
[Last date for Comments: November 13, 2025]
Useful Forms:
ITR eFiling Utilities for AY 2025-26:
Updated:
ITR 5
- Offline Utility
- Utility for MAC
- Excel Utility
From the ICAI:
FAQs based on Auditor’s Opinion on financial statements
Legal Updates:
DTAA with Qatar [Notification No.154]
Seeks to extend date of filing GSTR-3B [Notification No.17]
Seeks to amend notification No. 26/2018-Central Tax(Rate) dated 31.12.2018 [Notification No.18]
Seeks to amend notification No. 27/2018-IntegratedTax(Rate) dated 31.12.2018 [Notification No.18]
Relaxation of additional fees in filing of CRA-4 (Cost Audit Report in XBRL format) [Circular No.7]
Transfer of portfolios of clients (PMS business) by Portfolio Managers
Amendments in Para 4.84 (b) of Handbook of Procedures 2023 [Public Notice No.28]
