Daily Newsletter - April 7, 2025
Latest additions to CAalley:
News Update:
Exposure Draft:
From the ICAI:
Legal Updates:
News Update:
India may tolerate weaker rupee if tariffs spur yuan decline, sources say
India Post launches KYC verification for mutual funds at your doorstep
RBI MPC meet begins April 7; rate cut of 25 bps likely amid soft inflation
New CPI series from February 2026 to include rural housing inflation
Corporate affairs ministry proposes changes to fast-track mergers
CBDT mandates PAN-Aadhaar linking for specific holders by 2025 end: Details
RBI Launches Verified WhatsApp Channel for Public Awareness
Sebi joins social media platform 'X'. Check ID and other details
Market regulator Sebi issues framework for return verification agency
India's fintech sector gets a governance boost with launch of India Fintech Foundation
KPMG report: AI in financial reporting and audit: Navigating the new era
‘Big Four’ firm Deloitte hardest hit consultancy firm by Elon Musk-led DOGE's saving spree
Deloitte plans US layoffs after Elon Musk’s DOGE cracks down on consulting contracts
Exposure Draft:
Draft to amend "The Companies (Compromises, Arrangements and Amalgamations) Rules, 2016"
[Last date for Comments: May 5, 2025]
From the ICAI:
Booklet For ICAI Members on Bank Audit UDIN [Issued in April 2025]
Legal Updates:
Regarding PAN-Aadhar linking for PAN obtained based on Aadhar enrollment ID [Notification No.26]
The Income-tax (ninth Amendment) Rules, 2025 - Insertion of Rule 114(5A) [Notification No.25]
[Revised] Advisory on Case Insensitivity in IRN Generation
IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2025
IBBI (Insolvency Professionals) (Amendment) Regulations, 2025
Seeks to amend entry 515C of notification 50/2017-Customs [Notification No.23]