Daily Newsletter - October 19, 2026

Latest additions to CAalley:

News Update:

Indian News

Acts & Regulations:

RBI Directions

Useful Forms:

ITR eFiling Utilities for AY 2026-27

Legal Updates:

GST

SEBI

DGFT

Customs

Central Excise

News Update:

Indian News:

EPFO offers up to Rs 15,000 to first-time workers: Check eligibility rules'

PFRDA readies plan to onboard gig workers on National Pension System

I-T department issues notices over 9,141 transactions worth Rs 5,122 crore in eastern UP

Complaint against nine in Rs 843 crore bogus political donations racket

SEBI Restores 'Final 30 Minutes Of Trading' Method To Settle Derivatives

RBI issues clarifications on forex hedging curbs

Acts & Regulations:

RBI Directions:

Reserve Bank of India (Commercial Banks – Miscellaneous) Directions, 2025 (Updated as on October 19, 2026)

Reserve Bank of India (Small Finance Banks – Miscellaneous) Directions, 2025 (Updated as on October 19, 2026)

Master Direction – Facility for Exchange of Notes and Coins (Updated as on October 16, 2026)

Useful Forms:

ITR eFiling Utilities for AY 2026-27:

Utilities (Windows & Mac) updated as on October 16, 2026:
Common Offline Utility (ITR 1,2,3 and ITR 4)
ITR 5
ITR 6
ITR 7

Excel Utilities updated as on October 15, 2026:
ITR 3
ITR 5
ITR 6
ITR 7

Legal Updates:

GST:

Introduction of e-Invoicing Facility for Recipient Generated Self Invoices under Reverse Charge Mechanism for Domestic Supplies from Unregistered Persons (RCMDOM) and Import of Services (RCMIMP)

SEBI:

Review of certain aspects of the Closing Auction Session, market timings and settlement methodology for derivatives contracts

SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2026

SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2026

SEBI (Real Estate Investment Trusts) (Second Amendment) Regulations, 2026

SEBI (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2026

DGFT:

Amendment under Para 2.92 and Appendix 2A of the Handbook of Procedures, 2023 for inclusion of Tariff Rate Quotas (TRQs) under the India–New Zealand Free Trade Agreement (Ind-NZ FTA) [Public Notice No.33]

Customs:

Seeks to give effect to the first tranche of tariff concessions under India - New Zealand Free Trade Agreement [Notification No.32]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.86(NT)]

Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 - Revision of AIR of duty drawback of Gold jewellery and silver jewellery/articles [Notification No.85(NT)]

Assignment of SCNs pending before Commissioner of Customs, NS-1 Commissionerate, Mumbai Customs Zone-II to Commissioner of Customs (Adjudication), Mumbai for adjudication purpose [Notification No.84(NT)]

Central Excise:

Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the Special Additional Excise Duty (SAED) rate on exports of petrol and diesel outside India [Notification No.54]