caalley logoThe alley for Indian Chartered Accountants

Daily Newsletter - May 18, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Acts & Regulations:

RBI Directions

From the ICAI:

ICAI Implementation Guide

Legal Updates:

SEBI

IFSCA

DGFT

Customs

Central Excise


  

News Update:

Indian News:

NSE launches Electronic Gold Receipts trading today: What are EGRs, how do they work, and what investors should know

RBI decides against imposing additional capital buffer on banks

Explained: What is Balance of Payments and how does it affect the rupee?

Have urged chief justices of all HCs to conduct virtual hearings: Chief Justice of India

ICAI to embed AI, data analytics in CA curriculum

Deloitte India aims to become country's biggest professional services firm by 2028

Aadhaar-PAN mismatch on UAN? KYC documents, steps and key checks explained

NPS launches Retirement Income Schemes: Payout rules and benefits explained

RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26

Govt imposes curbs on silver imports after sharp rise in shipments

Six arrested in ₹128 crore fake GST invoicing racket busted by EOW in Delhi

Sebi, CBDT ease PAN rules for foreign investors after onboarding concerns

  

International News:

Five adjustments to make when auditing SMEs


Exposure Draft:

SEBI Draft:

Consultation paper on Relaxation in requirement of maintenance of call records for institutional clients - Amendment to the SEBI (Research Analysts) Regulations, 2014
[Last date for Comments: June 8, 2026] 


Acts & Regulations:

RBI Directions:

Reserve Bank of India (Commercial Banks – Classification, Valuation and Operation of Investment Portfolio) Directions, 2025
(Updated as on May 18, 2026)

Reserve Bank of India (Small Finance Banks – Classification, Valuation and Operation of Investment Portfolio) Directions, 2025
(Updated as on May 18, 2026)


From the ICAI:

ICAI Implementation Guide:

Implementation Guide on Forensic Accounting and Investigation Standards
[As on September, 2025]


Legal Updates:

SEBI:

Master Circular on Surveillance of Securities Market
[Updated as on May 15, 2024]

  

IFSCA:

IFSCA (Fund Management) Regulations, 2025
[As amended up to January 30, 2026]

  

DGFT:

Amendment in Import Policy of Silver covered under ITC (HS) codes 71069221 and 71069229 of Chapter 71 of ITC (HS), 2022, Schedule-I (Import Policy) [Notification No.17]

  

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.46(NT)]

  

Central Excise:

Seeks to amend Notification No. 08/2026-Central Excise dated 26.03.2026 to revise the SAED rates on exports of ATF outside India [Notification No.23]

Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the SAED rates on exports of Petrol and Diesel outside India [Notification No.22]

Don't miss an update!
Subscribe to our email newsletter
Important Updates