Daily Newsletter - December 5, 2025
Latest additions to CAalley:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
RBI mandates board approval for bank group entities to undertake same biz
Parliament approves Bill to levy higher excise duty on tobacco
New tax coming for demerit goods like cigarettes and not for essential goods: FM Sitharaman
No GST on leasing out residential premises as hostel for students: SC
Indians returning from US may face higher tax as treaty benefit wanes
India's rent law 2025: Lower deposits, clear rules, more power to tenants
RBI launches two-month campaign to clear all pending customer complaints
Banks and NBFCs remain healthy, credit to commercial sector rises, says RBI Governor
MPC meet: Low inflation, high growth - why did RBI still cut repo rate? Sanjay Malhotra explains
RBI MPC at a glance: Your one-stop guide for all key decisions
Sebi bans influencer Avadhut Sathe from stock market and orders return of Rs 601 crore
RBI defers credit information reporting norms for CICs to July 1, 2026
New gratuity rules explained: How new labour codes will increase payout at various salary levels
RBI to tolerate weaker rupee amid trade gap, dollar inflow pressures
'Tobacco levy neither a new tax nor a cess': FM Nirmala Sitharaman
AI agents: Four use cases for accountants - By ICAEW Insights
Exposure Drafts:
Consultation Paper on Review of Master Circular for Foreign Portfolio Investors (FPIs) and Designated Depository Participants (DDPs)
[Last date for Comments: December 26, 2025]
Consultation Paper on Review of existing position limits for Trading Members in Equity Derivatives Segment
[Last date for Comments: December 26, 2025]
Acts & Regulations:
SEBI (Alternative Investment Funds) Regulations, 2012
[Last amended on November 19, 2025]
Legal Updates:
Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details as per Rule 10A
Advisory on reporting values in Table 3.2 of GSTR-3B
FAQs on GSTR -9/9C for FY 2024-25
Penal Interest on shortfall in CRR and SLR requirements - Change in Bank Rate
Standing Liquidity Facility for Primary Dealers
Liquidity Adjustment Facility - Change in rates
Re-assignment of appeals pending in Bengaluru Zone [Order No.06/2025]
