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Daily Newsletter - May 14, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

SEBI Draft

IFRS Draft

From the ICAI:

ICAI Publication

Legal Updates:

GST

SEBI

Customs

 


  

News Update:

Indian News:

Changes in ITR Form 6 for 2025: Key updates taxpayers should know

Who is Justice BR Gavai? First Buddhist Chief Justice of India

PayU gets final RBI approval to operate as online payment aggregator

Sebi proposes relief for FPIs investing in govt bonds under VRR, FAR

Unified Pension Scheme explained: Key features, FAQs, and what's new

Govt set for up to Rs 2.75 lakh crore bonanza from RBI

Indian accountants worried about AI, tech changes, says ACCA survey

CA among two held in 9-crore bank loan scam

9 changes in ITR-1, ITR-2, ITR-3, ITR-4 you need to know for FY 2024-25 (AY 2025-26) income tax return filing

Husband wife duo wins Rs 1.3 crore long term capital gains tax exemption case u/s 54: ITAT Mumbai case

  

International News:

PwC axes 1,500 jobs in the US amid low attrition and slow growth

PCAOB wants examples of Critical Audit Matters


Exposure Drafts:

SEBI Draft:

Consultation Paper on proposal to facilitate relaxation in regulatory compliances for FPI applicants investing only in Indian Government Bonds
[Last date for Comments: June 3, 2025] 

  

IFRS Draft:

Exposure Draft: IFRS Sustainability Disclosure Standard
Amendments to Greenhouse Gas Emissions Disclosures
Proposed amendments to IFRS S2
Exposure Draft & Basis for Conclusions

[Last date for Comments: June 27, 2025] 
 


From the ICAI:

ICAI Publication:

Handbook on Exempted Supplies under GST [April 2025]


Legal Updates:

GST:

Advisory on Appeal withdrawal with respect to Waiver scheme

  

SEBI:

Composition of the Internal Audit team for CRAs

Investor Charter for Registrars to an Issue and Share Transfer Agents (RTAs)

Extension of timeline for complying with the certification requirement for the key investment team of the Manager of AIF

  

Customs:

Arrest Report and Incident Report (where arrest not made) – revised formats [Instruction No.10]


  

  

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