Daily Newsletter - June 18, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

RBI Draft

SEBI Draft

Acts & Regulations:

RBI Master Circular/Directions

SEBI Regulations

Legal Updates:

GST

MCA

RBI

IRDAI

DGFT

Customs

News Update:

Indian News:

Sebi eases ESOP rules for startup founders ahead of IPO plans

Gujarat Rolls Out New GST Ordinance 2025, Tightens Tax Compliance With Digital Tracking

Sebi proposes widening accreditation scope for KRAs, allows AIFs to provisionally onboard investors

Auditors support CAG move to rope in private firms

Max 60 tax audits per partner likely: ICAI

FASTag annual pass: How to purchase, validity, cost, trip limit & more - Top 15 FAQs answered

Your bank locker may be sealed! Haven’t signed the updated locker rent agreement? Here’s what banks may do

Sebi bans media guest expert Sanjiv Bhasin, 11 others from securities market for stock manipulation

NFRA guidance to nip financial fraud

Sebi asks portfolio managers to remove exaggerated advertisements

Bond boost ahead: RBI to reissue Rs 27,000 crore in securities, 2029 and 2054 maturities part of Centre’s borrowing plan

Cradle of entrepreneurship, employment, and growth: Why we celebrate MSME Day

Sebi's new fee platform aims to protect investors. But not many have taken to it

UPI transactions are faster as NPCI speeds up UPI online payment time to 10-15 seconds: How this impacts GPay, PhonePe, Paytm UPI users

RBI issues draft norms on Rupee Interest Rate Derivatives

International News:

China talks up digital yuan in push for multi-polar currency system

Audit Committee Chairs Expect Clear, Open Communications From Auditors – PCAOB Report

Exposure Drafts:

RBI Draft:

Draft Master Direction - RBI (Rupee Interest Rate Derivatives) Directions, 2025 under Section 45 W of the RBI Act, 1934
[Last date for Comments: July 7, 2025]
 

SEBI Draft:

Consultation Paper on extending certain flexibilities under accreditation framework
[Last date for Comments: July 8, 2025]
 

Acts & Regulations:

RBI Master Circular/Directions:

Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2025
[Published on June 16, 2025]

SEBI Regulations:

SEBI (Alternative Investment Funds) Regulations, 2012
[Updated upto May 23, 2025]

Legal Updates:

GST:

Advisory: Introduction of Enhanced Inter-operable Services Between E-Way Bill Portals

MCA:

Separate Filing of e-form CSR-2 post the period of transition from MCA21 V2 to V3 [Circular No.2]

Relaxation of additional fees for filing of 13 e-forms during the period of transition from MCA21 V2 to V3 [Circular No.1]

RBI:

Review of instructions issued vide Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission

IRDAI:

Advisory to All Insurers, Reinsurers, Life Insurance Council and General Insurance Council

DGFT:

Amendment in Import Policy of items covered under CTH 2843 under Chapter 28 of ITC (HS) 2022, Schedule-I (Import Policy) (Import Policy) [Notification No.19]

Amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule -I (Import Policy) (Import Policy) [Notification No.18]

Amendment in Export Policy for Pharma Grade Sugar (Import Policy) [Notification No.17]

Seeking applications for allocation of Pharma Grade Sugar under restricted category [Trade Notice No.6]

Customs:

Ensuring adherence of Indian Standard of respective Input material of Steel and Steel Products intended for import which are notified in QCO and requires mandatory registration on SIMS portal [Instruction No.16]