Daily Newsletter - March 9, 2026

Latest additions to CAalley:

News Update:

Indian News

Budget 2026 News

International News

Exposure Draft:

IFRS Draft

From the ICAI

ICAI Accounting Standards

International Content:

IFRS Education Material

Legal Updates:

DGFT

Customs

News Update:

Indian News:

SC refuses to examine challenge to IT Act's digital search provisions

India waives port procedures for cargo forced to turn back due to Strait of Hormuz crisis

Builder cannot evict buyer over dues using Section 6: What HC ruling means

Maharashtra: 2 GST officials, private agent arrested for Rs 20-lakh bribe in Nashik

Got an email to download e-PAN? It's a scam, says govt: How to stay safe

Yes Bank insider trading case: 16 of 19 executives likely to settle with Sebi

RBI asks banks to give client info on forex deals, positions

RBI removes NOFHC requirement for AU SFB's transition to Universal Bank

Budget 2026 News:

Updated return vs black money law: Drafting gap may trigger 30% tax and 300% penalty under Finance Bill 2026

International News:

How will accountants learn new skills when AI does the work?

Exposure Draft:

IFRS Draft:

IFRS Accounting Standard
Risk Mitigation Accounting - Proposed amendments to IFRS 9 and IFRS 7
[Last date for Comments: July 31, 2026]
 

From the ICAI:

ICAI Accounting Standards:

Compendium of Forensic Accounting and Investigation Standards
(As on September 2025)

International Content:

IFRS Education Material:

IFRS for SME: Module 19 - Business Combinations and Goodwill

Legal Updates:

DGFT:

Extension in the Export Obligation period of specified Advance & EPCG Authorisations till 31.08.2026 [Public Notice No.51]

Customs:

Return of export cargo from international waters due to closure of the Strait of Hormuz – Section 143AA of the Customs Act, 1962 [Circular No.9]