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Daily Newsletter - February 24, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

RBI Draft

SEBI Draft

Acts & Regulations:

RBI Master Directions

Reference Section:

CA's Referencer

Legal Updates:

RBI

 


  

News Update:

Indian News:

Experts seek clarity on new I-T rules for NPOs

Downward shift in liquidations seen under IBC: IBBI chairperson Ravi Mittal

Sebi mulls expanding investors pool for angel funds

Who will audit unlisted assets overseas? Indians are in a fix

India, UK to resume negotiations on proposed trade agreement from Feb 24

US can go beyond rates to coerce India under reciprocal tariff plan

Sebi slaps Rs 10 lakh penalty on Axis Securities for violating stock brokers rules

RBI proposes to do away with pre-payment levy on business loans taken by individuals/MSEs

Income Tax Bill 2025 offers forex adjustments for non-residents on unlisted shares

Income Tax Bill 2025: New Bill clarifies carry forward of house property losses

RBI imposes penalty on Citibank, Asirvad Micro Finance, JM Fin Home Loans

Bank of India reports Rs 226.84 cr loan fraud by Gupta Power Infrastructure

NSDL, CDSL launch Unified Investor App: How will it benefit investors?

  

International News:

The real AI divide in accounting is between the fearful and the fearless


Exposure Drafts:

RBI Draft:

Draft Circular on ‘Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans’
[Last date for Comments: March 21, 2025] 

  

SEBI Draft:

Consultation paper on expanding definition of Qualified Institutional Buyers under SEBI (ICDR) Regulations, 2018, to include Accredited Investors for the limited purpose of investments in Angel Funds
[Last date for Comments: March 14, 2025] 


Acts & Regulations:

RBI Master Directions:

Master Direction – Reserve Bank of India (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2024 (Updated as on February 21, 2025)

Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021 (Updated as on February 21, 2025)


Reference Section:

CA's Referencer - SEBI:

Format of Due Diligence Certificate to be Given by the Debenture Trustee at the time of Filing of Draft Offer Document / Placement Memorandum

Format of Due Diligence Certificate to be Given by the Debenture Trustee at the time of Filing of Listing Application by Issuer


Legal Updates:

RBI:

RBI (Forward Contracts in Government Securities) Directions, 2025


  

  

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