Daily Newsletter - May 13, 2026

Latest additions to CAalley:

News Update:

Indian News

Exposure Drafts:

SEBI Drafts

IFSCA Draft

Acts & Regulations:

RBI Master Directions

Tech Zone – Simplifying Technology for CAs:

Tech-Zone Article

Legal Updates:

RBI

IFSCA

DGFT

Customs

News Update:

Indian News:

RBI relaxes approval norms for banks' outward remittance tie-ups

RBI may pay highest-ever dividend to help Centre tackle West Asia crisis

Sebi orders Rashmi Saluja to disgorge Rs 2 crore in insider trading case

Withdrawal of retirement provident funds to soon be automated: EPFO

Quick refunds, simpler filing: Income Tax dept explains impact of new law

ITR-3 changes: Experts explain what traders, freelancers should know

India raises import duties on gold: A timeline of hikes, cuts and comebacks

Rupee is down 11% in a year: Here's what the currency slide means for you

Companies fish for cyber cover as AI liability risks surface

Allahabad HC ruling on EPFO higher pension may widen relief for retirees

‘Unfair trade practice’: Consumer commission pulls up EPFO over decade-long PF delay, orders Rs 50,000 compensation

IDFC First Bank fraud case: ED arrests 2 former employees in Rs 645 crore embezzlement probe

IT form changes in FY26: Experts explain key updates taxpayers should know

New Aadhaar card rules 2026: UIDAI expands document list for enrolment; and more

How Google may have confirmed Anthropic’s Mythos fears that sent shock waves across banks and financial institutions

Govt revises release date for annual and Q4 GDP estimates to June 7

Sebi proposes phased physical settlement in select agri derivatives

Sebi proposes green-channel route to speed up AIF scheme launches

Exposure Drafts:

SEBI Drafts:

Consultation paper on Review of the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015
[Last date for Comments: June 3, 2026] 

Consultation Paper on utilization of intraday borrowing lines by Mutual Funds
[Last date for Comments: June 3, 2026] 

Consultation paper on review of position limits for clients and penalty provision for violation / breach of position limits for Commodity Derivatives Segment
[Last date for Comments: June 2, 2026] 

Consultation Paper on ‘Phased Introduction of Physical Settlement in Select Agricultural Commodity Derivatives Contracts'
[Last date for Comments: June 2, 2026] 

IFSCA Draft:

Consultation Paper On Proposed IFSCA (Manner of Payment and Receipt of Premium) (Amendment) Regulations, 2026
[Last date for Comments: June 2, 2026] 

Acts & Regulations:

RBI Master Directions:

Master Direction - Miscellaneous
(Updated as on May 13, 2026)

Tech Zone – Simplifying Technology for CAs:

Tech-Zone Article:

“I Know It’s Somewhere”: The Professional Risk of Disorganized Files

Legal Updates:

RBI:

Operating framework for facilitating Outward Remittance services by non-bank entities through Authorized Dealer (Category I) banks in India

IFSCA:

IFSCA (Finance Company)(Amendment) Regulations, 2026

IFSCA (TechFin and Ancillary Services) (Amendment) Regulations, 2026

Implementation services by Investment Advisers in the IFSC

DGFT:

Clarifications on Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission – Niryat Protsahan [Trade Notice No.3]

Customs:

Seeks to amend notification No. 22/2022-Customs dated 30th April, 2022 to revise rates under India-UAE CEPA [Notification No.18]

Seeks to amend notification No. 57/2000-Customs dated 8th May 2000, which provides concessional rate for gold, silver and platinum imported under specified schemes [Notification No.17]

Seeks to amend notification No. 11/2018-Customs and notification No. 11/2021-Customs so as to revise SWS and AIDC applicable on certain items [Notification No.16]

Seeks to further amend notification No. 45/2025-Customs dated the 24th October, 2025, so as to notify BCD related changes [Notification No.15]