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The alley for Indian Chartered Accountants

Daily Newsletter - May 12, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

SEBI Drafts

Legal Updates:

Income Tax

Customs

 


  

News Update:

Indian News:

No app, no login: Check your PF balance with just a missed call or SMS

Now pay your LIC premiums on WhatsApp- How it makes your life easier

Was it a 'fraud'? Auditors ask IndusInd Bank

Sebi set to roll out new risk metrics to curb F&O market speculation

Over 30K IBC cases settled pre-admission covering ₹13.78 trillion: Ibbi

RBI mandates reporting of digital lending apps via CIMS portal from May 13

Updated LTCG and STCG capital gains tax table by income tax department

CBI nabs top Income Tax official, four others in ₹70 lakh bribery case

Explainer: India-UK free trade agreement -- all you need to know

MCA notifies new accounting standard for foreign currency transactions

Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements

RBI imposes penalties on SBI, Jana Small Finance Bank

  

International News:

Report: AI and the Future of the Global Chartered Accountancy Profession


Exposure Drafts:

SEBI Drafts:

Consultation Paper on providing flexibility to AIFs to offer Co-Investment opportunities to investors within the AIF structure under AIF Regulations
[Last date for Comments: May 30, 2025] 

Consultation Paper on use of liquid mutual funds for compliance with deposit requirement by Investment Advisers and Research Analysts
[Last date for Comments: May 29, 2025] 


Legal Updates:

Income Tax:

The Income-tax (18th Amendment) Rules, 2025 - ITR 7 for AY 2025-26 notified [Notification No.46]

  

Customs:

Seeks to exempt works of art and antiques from Basic Customs Duty [Notification No.29]

Countervailing Duty on import of “Textured Toughened (Tempered) Coated or Uncoated Glass” from Vietnam [Notification No.3(CVD)]

Seeks to impose Anti Dumping Duty on imports of ‘Titanium Dioxide’ originating in or exported from China PR [Notification No.12(ADD)]

Anti-Dumping Duty on imports of "Titanium Dioxide" originating in or exported from China PR — Implementation [Circular No.16]


  

  

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