Daily Newsletter - September 29, 2025
Latest additions to CAalley:
Exposure Draft:
Acts & Regulations:
From the ICAI:
International Content:
Legal Updates:
News Update:
Trade deal with EFTA to come into effect from Oct 1, says Piyush Goyal
Tax dept to make up for lost jewellery worth Rs 90L
RBI cracks down on 'buy now, pay later'
RBI's MPC starts deliberations on key interest rate; decision on Wednesday
Govt appoints Shirish Chandra Murmu as RBI deputy governor, effective Oct 9
NCH receives 3K GST-related complaints post tax cuts: Consumer Affairs secy
Police act swiftly to freeze bank a/c that received Rs 2 crore through cloned DD
NFRA inspection of Big Four, others to begin by October-end
EPFO launches revamped ECR to streamline return filing by employers
Experts flag tax credit blockage for FMCG distributors despite GST relief
How suspended BOI officer pulled off a ₹16-crore bank fraud
UAE regulator bars HDFC Bank's Dubai branch from new client onboarding amid ongoing scrutiny
FRC launches Innovation and Improvement Hub to drive regulatory innovation and market growth
Exposure Draft:
Exposure Draft - Manual on Concurrent Audit of Banks
[Last date for Comments: October 24, 2025]
Acts & Regulations:
Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests
(Updated as on September 29, 2025)
From the ICAI:
The Income Tax Act, 2025
(Including Tabular Mapping of Sections vis-a-vis Income-tax Act, 1961)
International Content:
Audit Focus Series
Engagement Acceptance
[July 2025]
Legal Updates:
Order u/s 246(6) of the Income-Tax Act, 1961 for specifying scope of e-Appeals Scheme, 2023
SEBI (Custodian) Regulations, 1996
(Last amended on September 23, 2025)