Daily Newsletter - October 6, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

ICAI Draft

RBI Drafts

Acts & Regulations:

RBI Master Direction

Reference Section:

IBBI Research Publication

Legal Updates:

GST

MCA

RBI

Customs

News Update:

Indian News:

Govt considers introducing nationwide climate-linked insurance scheme

Indian arms strike richer valuations than their global parents

From oil to pistachios: How barter trade is reshaping global commerce

Got higher PF deductions? You may now claim a bigger pension: HC ruling

RBI may let real estate tap offshore loans in bid to shore up dollar flows

CBIC allows 90% provisional refund for IDS claims

CA and advocate arrested for tax evasion and forgery cases

Reports of SEBI considering regulations on family offices are 'incorrect', market regulator clarifies

Sitharaman launches campaign to return ₹1.84 trn unclaimed financial assets

Non-residents allowed to invest in corporate debt from special rupee vostro accounts

RBI proposes easing regulatory framework for foreign entities establishing offices in India

RBI plans stricter rules for banks, NBFCs on related-party lending

RBI proposes market-linked framework for external commercial borrowings

Government plans NPS overhaul: Pension schemes with rising payout & annuity purchase till 70 proposed

International News:

KPMG’s Work for Silicon Valley Bank Exposes Audit Limits

Exposure Drafts:

ICAI Draft:

Exposure Drafts of Standards on Internal Audit (SIAs)
[Last date for Comments: October 23, 2025] 

RBI Drafts:

Draft RBI (Lending to Related Parties) Directions, 2025
[Last date for Comments: October 31, 2025] 

Draft External Commercial Borrowing Framework under Foreign Exchange Management (Borrowing and Lending) Regulations, 2018
[Last date for Comments: October 24, 2025] 

Draft Foreign Exchange Management (Establishment in India of a branch or office) Regulations, 2025
[Last date for Comments: October 24, 2025] 

Acts & Regulations:

RBI Master Direction:

Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 (Updated as on October 3, 2025)

Reference Section:

IBBI Research Publication:

Research Publication: Transforming Insolvency Resolution in India

Legal Updates:

GST:

Provisional sanction of refund claims on the basis of identification and evaluation of risk by the system [CGST Instruction No.6]

MCA:

The IEPFA (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025 - New From No. IEPF-5

RBI:

International Trade Settlement in Indian Rupees (INR)

Customs:

Corrigendum to Notification No. 43/2025-Customs dated 30.09.2025