Weekly Newsletter - February 11, 2026
Latest additions to CAalley:
Exposure Drafts:
Acts & Regulations:
Useful Forms:
ITR eFiling Utilities for AY 2025-26
From the ICAI:
ICAI Publication - Miscellaneous
Tech Zone – Simplifying Technology for CAs:
Legal Updates:
News Update:
Bombay High Court stays ₹170 crore GST recovery against Gateway Terminals
Raghav Chadha asks Centre to legalise VDAs: What it means, why it matters
SC to examine challenge to I-T law allowing searches of digital devices
Over 24 lakh tax returns pending beyond 90 days; ITR delays continue
India, UK sign social security agreement to avoid double contributions
RBI proposes deregistration window for NBFCs without public funds
RBI proposes to raise unsecured loans to 20% of total for urban co-op banks
New tax rules may change how you deposit cash, pay bills, claim HRA
Sebi mulls sharp cut in minimum investment for social impact funds to widen retail participation
New I-T rules, forms by March; Income Tax Act to take effect from April 1, 2026
Faceless I-T appeal system erupts as senior officers want reviews sans rulebook
EPFO to appoint new partner agencies, change custodian after 15 years
Rs 40k added to man’s income for political donation; he wins in ITAT Rajkot
Higher income tax for salaried people for using company car under the draft Income Tax Rule, 2026
New EPFO app to allow members to withdraw EPF money via UPI: Report
India will support steel exports hit by Europe's carbon tax: Govt official
New income tax rules coming soon - and taxpayers can now give feedback
India-US trade deal: Fine print separates fear from facts
India, Malaysia sign 11 agreements, boost semicon and defence ties
Govt to constitute high-level committee on banking soon: FM Sitharaman
RBI removes investment cap under voluntary retention route for FPIs
RBI to roll out risk-based premium model for deposit insurance from April
RBI frees branch expansion for large gold-loan NBFCs, easing prior approval rule
RBI proposes doubling MSME collateral-free loan limit to Rs 20 lakh
RBI to compensate digital fraud victims up to ₹25,000 for first loss
India not selling US Treasury holdings despite forex fluctuations: RBI Guv
RBI announces stricter fraud rules, mis-selling curbs to protect bank users
Here's why RBI kept repo rate unchanged at 5.25% in February MPC meet
RBI MPC meet: What stayed the same, what changed in February policy review
Sebi proposes tighter rules for single-stock derivatives strategy
Sebi proposes greater flexibility for REITs and InvITs in liquid schemes; seeks stakeholder feedback
HC junks order granting brokerage refund of ₹66.66L to “ignorant” CA
Sebi bans 15 individuals from securities markets for 3 years; slaps Rs 3.6 cr penalty
Health insurance complaints rise 41% on claims disputes in FY25: Irdai
LIC takes ₹1,400 crore hit from loss of GST-linked input tax credit
Rs 2 crore in locker, but SBI allots it to someone else; Faridabad CA still charged
Govt rolls out startup status for deeptechs, extends recognition to 20 yrs
Govt eyes rule tweak to help Indian audit firms go global
Centre and states working on GST e-way bill revamp, official says
Centre notifies strict rules to curb illegal offshore mineral mining
India, Gulf Cooperation Council sign terms of reference to begin FTA talks
India, US to sign first tranche of formal trade agreement by mid-March
New labour code changes and why companies are making one-time provisions
Bankruptcy code being misused by firms facing insolvency, govt tells apex court
Why India is resetting GDP and CPI base years and what the change means
Cyber insurance explained: Shield against online fraud and ID theft
SEBI mulls over overhaul of 'fit and proper person' framework governing market intermediaries
[New York] KPMG demanded a discount from its auditor for AI cost savings
[Australia] KPMG whistleblower launches fundraiser for legal fight with CA ANZ
How AI is transforming the audit — and what it means for CPAs
ICAEW: Seven in-demand skills and roles in accounting firms in 2026
Fraud and technology: How to handle the double-edged sword
Exposure Drafts:
The Standard on Auditing for Audits of Financial Statements of Less Complex Entities (SA for LCE)
[Last date for Comments: March 20, 2026]
Draft Income-tax Rules & Forms, 2026
[Last date for Comments: February 22, 2026]
Draft RBI (NBFC – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026
[Last date for Comments: March 4, 2026]
Review of Lending norms for UCBs
[Last date for Comments: March 4, 2026]
RBI releases draft revised Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2022
[Last date for Comments: February 27, 2026]
Draft Amendment Directions on Non-Banking Financial Companies – Branch Authorisation Directions
[Last date for Comments: February 27, 2026]
Consultation paper on ‘extending facility of standing instructions for Systemic Withdrawal Plan (SWP)/Systemic Transfer Plan (STP) for Mutual Fund units held in demat form’
[Last date for Comments: February 26, 2026]
Consultation Paper on Measures towards Ease of Doing Business for REITs and InvITs
[Last date for Comments: February 26, 2026]
Consultation Paper on Flexibility to Alternative Investment Funds (AIFs) in Winding up the scheme / Surrendering the Registration
[Last date for Comments: February 26, 2026]
Consultation Paper On Draft Circular on Review of Inclusion of Historical Scenarios in Stress Testing and Coverage of Settlement Guarantee Fund for Commodity Derivatives Segment
[Last date for Comments: February 26, 2026]
Acts & Regulations:
Master Circular for Research Analysts
Master Circular for Investment Advisers
Master Circular for Registrars to an Issue and Share Transfer Agents
Master Circular for compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities
[Updated upto January 30, 2026]
Useful Forms:
ITR eFiling Utilities for AY 2025-26:
Updated on February 10, 2026:
ITR 3 - Excel Utility
From the ICAI:
ICAI Publication - Miscellaneous:
Guidance on New Labour Codes
[February 2026]
Handbook on Registration under GST (Third edition)
[Published in November 2025]
Tech Zone – Simplifying Technology for CAs:
Shared Logins: The Quiet Risk Every CA Firm Lives With
All Tech Tips shared so far have now been organised on CAalley under the following categories:
Windows Keyboard Shortcuts & Productivity
PDF Handling & Document Control
Excel for Compliance & Data Handling
Data Security & Privacy Hygiene
Everyday Micro-Efficiency Tips
AI Usage – Safety & Compliance Risk
For those who want daily, concise learning, Tech Tips are also shared via WhatsApp (1 practical tip per day):
https://chat.whatsapp.com/CMBAEFFUHEnE4AZO5qAeGJ
Legal Updates:
Strengthening of Grievance Redress Mechanism in Banks – Review
Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026
Voluntary Retention Route – Imparting predictability and increasing ease of doing business
Reporting of value of units of Alternative Investment Funds (AIFs) to Depositories
Creation/Invocation of pledge of securities through depository system.
Review of Calendar Spread margin benefit in Single stock derivatives on expiry day
Amendment in Para 4.73(19) of Handbook of Procedure-2023 [Public Notice No.47]
Streamlining of Halal Certification Process for Meat and Meat Products [Notification No.59]
Extension of Filling Annual RoDTEP Returns [Public Notice No.46]
