Weekly Newsletter - March 5, 2025
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
CA's Referencer:
From the ICAI:
International Content:
Legal Updates:
News Update:
Maharashtra GST authorities conduct searches at 3 offices of RBL Bank
Reserve Bank appoints Ajit Ratnakar Joshi as new executive director
Cybersecurity, AI found to be top emerging governance risks: Survey
Sebi looking at proposal to ease curbs on short-selling in stocks
RBI directs large NBFCs to stop new lines of credit and renewals
Govt demands ₹24500 crore from Mukesh Ambani's Reliance and its partners
Supreme Court could settle dispute over NFRA’s working
RBI takes note! How overseas students are being used by wealthy parents to stash money abroad
Rs 4.5K-cr 'investment fraud': ED conducts searches in Delhi, Mumbai
Sebi permits all NBFCs, HFCs to invest in security receipts by Asset Reconstruction Cos
Lenders must be empathetic to MSMEs in distress: RBI Deputy Governor
Sebi ups disclosure norms of key metrics for IPO-bound companies
Irdai retains obligatory cession at 4% for FY26, third year in a row
Paytm parent failed to file required reports to RBI: ED on Rs 611 cr notice
I-T Dept investigates unlisted share transactions, tax evasion in OFS deals
DEA Secretary Ajay Seth gets additional charge as Revenue Secretary
Irdai allows insurers to hedge volatility through equity derivatives
Sebi modifies guidelines on nomination facilities in securities market
Explained: What does Sebi’s new asset class Specialized Investment Fund offer
Insurance industry can use derivatives to hedge equity exposures: Irdai
RBI imposes penalty on HSBC, IIFL Samasta Finance for violating norms
Going abroad? How to handle your EPF when you move to another country
SC puts safeguards in GST, Customs arrests
NFRA's next inspection to target audit firms with large client base
Sebi launches centralised database portal Bond Central for corporate bonds
EPFO keeps interest rate at 8.25% for FY25, benefiting 300 million members
Income Tax notice demands details of haircut, perfumes, monthly ration cost
After private sector experiment, finance secretary Tuhin Kanta Pandey named Sebi chief
Lok Sabha panel to record evidence of ICAI, EY representatives on Income Tax Bill
Audit quality has improved in past few years, says NFRA chief
India's small town investors flock to Dubai property: Why it's worrying ED
Can you claim full tax benefits if your co-borrower loses their job?
Govt considers tariff cuts on cars, chemicals as Trump duties loom
New India Co-op Bank vault had 12 times its capacity on paper: Report
Sebi slaps Rs 5.05 cr fine on Indian clearing corporation for regulatory lapses
Audit norms becoming stringent across Asia: Grant Thornton Executives
PCAOB ramps up enforcement as it faces possible shutdown
FRC issues updated guidance to support going concern reporting
KPMG sees role for AI in sustainability
Exposure Drafts:
Regulatory Approach towards Tokenization of Real-World Assets
[Last date for Comments: March 20, 2025]
Consultation Paper on proposed Circular on Securitization requirements by overseas insurers or re-insurers
[Last date for Comments: March 19, 2025]
Acts & Regulations:
5 RBI Master Directions - Updated as on February 27, 2025
CA's Referencer:
Handbook on Regulations at a Glance
From the ICAI:
Handbook on Reverse Charge under GST [Published in February 2025]
International Content:
Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2
[January 2025]
Legal Updates:
Relaxation in timeline for reporting of differential rights issued by AIFs
Regulatory framework for Specialized Investment Funds (‘SIF’)
Launch of ‘Bond Central’ - A Centralised Database Portal for Corporate Bonds [Press Release]
Reporting and Accounting of Central Government transactions for March 2025
Framework of Aircraft Lease updated as on February 26, 2025
Interest on late payment of fee by entities undertaking permissible activities in IFSC
Guidelines on Hedging through Equity Derivatives
Obligatory Cession for the financial year 2025-26
Fixation of SION No. A-3684 under Chemical & Allied Product [Public Notice No.49]
Corrigendum to Customs Notification No.4/2025
Corrigendum to Notification No.26/2024-Customs(ADD)
