Daily Newsletter - June 17, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

RBI Master Directions

From the ICAI:

ICAI Publication

Legal Updates:

GST

SEBI

IFSCA

Customs

News Update:

Indian News:

Tamil Nadu’s own-tax effort has ‘collapsed’, says White Paper

India's exports hit record $863 billion despite trade shocks, says official

Sebi warns investors against trading unlisted stocks on unauthorised sites

Mukesh Ambani’s Jio may file for $4 billion IPO before Friday AGM: Report

Rs 47-Crore Multi-State Fake GST Racket Busted In Assam

RBI's new misselling rules explained: What changes for bank customers

New labour code: 3 employee-friendly changes that could make working life easier

ED raids 17 sites in 2 states in Yes Bank loan fraud case

Sebi imposes ₹6.04 crore penalty on NSE over April 2024 technical glitch

Sebi allows AIFs to retain liquidation proceeds beyond fund life

India's trade surplus shifts towards Asia and Africa in early FY27

GIFT City opens int'l investing route for Zerodha, Angel One, Upstox

India's digital fraud rate nearly double the global average: TransUnion

RBI issues stricter norms to curb mis-selling by lenders

Sebi revamps ETF trading rules, introduces dynamic price bands from September

International News:

Chartered Accountants [CA ANZ] to probe big four over data leaks

FRC launches AI sandbox and it could reshape the route to partnership

Acts & Regulations:

RBI Master Directions:

Updated as on June 17, 2026:

Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Directions, 2025

Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Directions, 2025

Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Directions, 2025

Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Directions, 2025

Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Directions, 2025

Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Directions, 2025

Updated as on June 16, 2026:

Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025

Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Directions, 2025

Reserve Bank of India (Regional Rural Banks – Prudential Norms on Capital Adequacy) Directions, 2025

Reserve Bank of India (Urban Co-operative Banks – Prudential Norms on Capital Adequacy) Directions, 2025

Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Directions, 2025

Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Directions, 2025

From the ICAI:

ICAI Publication:

Practical Guide to GST Adjudication and Appeals including GSTAT
[Published in April 2026]

Legal Updates:

GST:

Advisory on e-Invoice API and e-Way Bill by IRN API changes for mandatory capture of Ship-to GSTIN and Voluntary Closure of e-Way Bill

SEBI:

Guidelines for winding up of AIFs with respect to retention of proceeds and ‘Inoperative Fund’ status

IFSCA:

Updated Consolidated Circular - Import of Gold or Silver through IIBX

Customs:

Seeks to amend Notification No 21/2022-Customs (N.T.) dated 31.03.2022

Corrigendum to notification No.45/2025-Customs dated 24.10.2025