Daily Newsletter - April 4, 2025
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
CAs, taxpayers push back after Income Tax dept sends rebate notices
Big relief for EPF members: Faster withdrawals and bank account seeding without employer’s approval
CCI chief Ravneet Kaur given additional charge of NFRA chairperson
Press Release: SEBI launches “Document Number Verification System”
China hits back with 34% tariff on US goods after Trump's trade salvo
RBI maintains FPI investment caps in govt securities, corp bonds for FY26
New rule for nomination change in PPF, NSC, SCSS, all other post office account for free
UPS may be replicated to other stakeholders of NPS: Finance Secretary
Government auditor Ramann is new pension regulator
Trump's 26% tariff on Indian exports: Who gains and who takes the hit?
'Mixed bag, not setback': Govt analysing impact of 26% Trump tariffs
Donald Trump unveils sweeping tariffs on all imports: Here's the full list
Is gen AI really a SOX gamechanger?
Historic change to audit inspection reports announced by Canadian accounting watchdog
Exposure Drafts:
Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and Directions
[Last date for Comments: April 30, 2025]
Consultation paper on Investor Charter for KYC (Know Your Client) Registration Agencies (KRAs)
[Last date for Comments: April 25, 2025]
Legal Updates:
Advisory on Case Sensitivity in IRN Generation
Direction for all Regulated Entities
Revision in reporting formats for Fund Management Entities in IFSC
Fee structure for Payment System Operators/ Applicants desirous to setup an PSO in IFSC
Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)
Standardized format for System and Network audit report of Market Infrastructure Institutions(MIIs)
Recognition and operationalization of Past Risk and Return Verification Agency (PaRRVA)
SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2025
Amendment in Appendix 4B of Handbook of Procedures, 2023 [Public Notice No.1]
Applicability of SCOMET on Polyethylene Glycol CAS No. 25322-68-3 [Instruction No.3]