Daily Newsletter - November 26, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Acts & Regulations:

SEBI Regulation

Useful Forms:

ITR eFiling Utilities for AY 2025-26

International Content:

FASB Reference Materials

Legal Updates:

IBBI

SEBI

IFSCA

DGFT

News Update:

Indian News:

Resigned or fired? Employees will now get full and final settlement money in just 2 days under new labour law

No finance degree needed: Sebi widens eligibility for advisers and analysts; all you need to know

Sebi plans relaxed framework for issuing duplicate securities certificates

Apple moves Delhi HC against CCI's power to levy fines on global turnover

Cabinet approves ₹7,280 crore plan to build rare earth magnet capacity

RBI makes a case to defend inflation forecast error

New Labour Codes: What the government promises and why MSMEs are watching closely

MCA plans to exempt firms up to Rs 1 crore turnover from statutory audit

New income tax rules coming from April 1: 5 major changes for common taxpayers

Man nominated son for family pension but court granted pension to separated wife instead

NFRA chief urges companies to adopt long-term viability checks

Audit panels must strengthen disclosure: NFRA chief

Sebi panel mulls overhaul of promoter definition for IPO-bound companies

MCA should strive to be futuristic to serve stakeholders: FM Sitharaman

AU Small Finance Bank strengthens board with 2 new independent directors

IMF likely to alter classification of India's exchange rate regime

Man sells unlisted start-up shares for Rs 52 crore; tax dept issues notice for undervaluation; he wins case in ITAT Delhi

International News:

Firms using advanced tech seen as more valuable, trustworthy

Rude clients hurt audit quality

Exposure Draft:

SEBI Draft:

Ease of doing investment - Review of simplification of procedure and standardization of formats of documents for issuance of duplicate securities certificates
[Last date for Comments: December 16, 2025] 

Acts & Regulations:

SEBI Regulation:

SEBI (Debenture Trustees) Regulations, 1993
[Last amended on October 27, 2025]

Useful Forms:

ITR eFiling Utilities for AY 2025-26:

Updated as on November 25, 2025:
ITR 5:
Offline Utility
MAC Utility

International Content:

FASB Reference Materials:

Accounting Standards Update
Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40)
Targeted Improvements to the Accounting for Internal-Use Software
[September 2025]

Accounting Standards Update
Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606)
Derivatives Scope Refinements and Scope Clarification for Share-Based Noncash Consideration from a Customer in a Revenue Contract
[September 2025]

Legal Updates:

IBBI:

The Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) (Second) Guidelines, 2025

SEBI:

Specification of the terms and conditions for Debenture Trustees for carrying out activities outside the purview of SEBI

Modifications to Chapter IV of the Master Circular for Debenture Trustees dated August 13, 2025

Timeline for submission of information by the Issuer to the Debenture Trustee(s)

IFSCA:

Disclosure under Clause 39 of the GAP circular

DGFT:

Collection of Information on Export-Related Non-Tariff Measures, Testing and Certification Requirements [Trade Notice No.18]