Daily Newsletter - July 9, 2025
Latest additions to CAalley:
Exposure Drafts:
From the ICAI:
International Content:
Legal Updates:
News Update:
RBI issues draft framework for novation of OTC derivative contracts
India plans to kickstart rare-earth magnet output to cut China dependence
Delhi govt plans one-time tax amnesty scheme to settle pre-GST disputes
PIB flags PM Modi's deepfake video promising~1.25 lakh a day : How to be safe
Sebi denies proposal to link options with cash positions
Grandfather becomes CA at 71. Got interested while helping his granddaughter in her studies
Tax dept's AI tool 'not meant' for resolving political donation disputes
EPFO interest credit: 8.25% announced for 2024-25; process to finish this week, says Mandaviya
MCX to launch India's first electricity futures contracts on July 10
NRIs filing ITR in India should know these four income tax-related changes
Sebi proposes relaxation for AMCs opening doors for business expansion
Sebi mulls dropping word 'penalty' in actions against brokers to avoid stigma: Varshney
IESBA tax planning ethics standards take effect
Exposure Drafts:
Exposure Draft - 'Guidance Note on Tax Audit under section 44AB of the Income-tax Act, 1961'
[Last date for Comments: July 20, 2025]
Draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025
[Last date for Comments: August 1, 2025]
Consultation Paper on Measures for Regulation of Activities of Credit Rating Agencies (CRAs)
[Last date for Comments: July 30, 2025]
Exposure Draft on Proposed Statement on Auditing Standards -The Auditor's Responsibilities relating to Fraud in an Audit of Financial Statements
[Last date for Comments: October 3, 2025]
From the ICAI:
FAQs on Guidance Note on Financial Statements of Non-corporate Entities
International Content:
Legal Updates:
The Companies (CSR Policy) Amendment Rules, 2025
The Companies (Listing of equity shares in permissible jurisdictions) Amendment Rules, 2025
