Daily Newsletter - September 29, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

SEBI Master Circular

IFSCA Regulation

Legal Updates:

Income Tax

IBBI

FEMA

IFSCA

Customs

News Update:

Indian News:

ICAI wants up to Rs 5 crore govt consultancy tenders reserved for smaller firms, working on draft proposals

How much risk can you take? Pension regulator plans to ask before you choose a NPS scheme

Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1

Gautam Adani, four group firms, 13 others settle MPS case with Sebi

Income Tax Department shares foreign assets info with taxpayers, nudges for disclosure

Deadlines for income tax audit and ITR filing extended for AY 2026-2027 to these dates

CBIC eases paperwork to claim concessional duty on imports from UK

FD interest rate rules to change from October 1: Key changes explained

3 political parties ran Rs 1,870 crore donation scam, fought elections in Gujarat

Cash deposits from farm sales: ITAT rules in favour of Karnataka farmer despite missing expense records

Sebi bans Omaxe, five others for violating minimum public shareholding norms

Sebi approves new rules to widen investment avenues

ICAI to certify independent directors, new course likely by October-end

IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your money

International News:

Audit in an AI World: AI is raising the stakes for electronic bank confirmations

Acts & Regulations:

SEBI Master Circular:

Master Circular for Debenture Trustees

IFSCA Regulation:

IFSCA (Electronic Trading Platforms) Regulations, 2026

Legal Updates:

Income Tax:

Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2026-27 [Circular No.7]

CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961 [Press Release]

IBBI:

Further Extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors

Commencement of levy of fee for delayed filing of Forms under Regulation 47B of the Liquidation Process Regulations

FEMA:

Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026

IFSCA:

Regulatory Framework for differential distribution

Customs:

Appointment of Common Adjudicating Authority in the case of M/s. R&M India Pvt. Ltd. (IEC: 0710003323) – Consolidated Adjudication of Multiple Show Cause Notices arising from SVB Investigation Report No. 24/2024 dated 23.01.2025 [Notification No.79(NT)]

Appointment of common adjudicating authority in respect of M/s Tirupati Udyog Limited, Kotur [Notification No.78(NT)]

Appointment of common adjudicating authority in respect of M/s Meenakshi Trading Corporation and others [Notification No.77(NT)]

Notification of ports at Campbell Bay and Car Nicobar u/s. 7(1)(a) of Customs Act, 1962 [Notification No.76(NT)]

Seeks to amend Notification No. 33/2022-Customs (ADD), dated 30th December, 2022 imposing Anti-dumping Duty on imports of Jute Products originating in or exported from Nepal and Bangladesh, to modify the existing duty table [Notification No.24(ADD)]

Seeks to impose countervailing duty on imports of “Calcium Carbonate Filler Masterbatch” originating in or exported from Vietnam [Notification No.4(CVD)]

Establishment of a Special Notified Zone (SNZ) at Surat International Diatrade Centre (SIDC), 2nd Floor, Tower-B, Surat Diamond Bourse, Khajod, Surat [Circular No.44]

Application of Section 28DA of the Customs Act, 1962 and CAROTAR, 2020 consistent with the Rules of Origin under Trade Agreements [Circular No.43]

Mandatory additional qualifiers in export declarations in respect of certain textile products w.e.f 01.11.2026 [Circular No.42]