Daily Newsletter - September 11, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Legal Updates:

Income Tax

IBBI

IFSCA

News Update:

Indian News:

One-time compensation received for diminution in value of stock options not taxable employment income

RBI imposes ₹27.3 lakh penalty on Asset Care & Reconstruction Enterprise

Corporate Laws Bill: Audit exemption exposes fault line in JPC over corporate accountability

IRDAI fines IndusInd Bank Rs 1 crore; here's what policyholders should know

₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling

Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels it

Sebi's Demat 2.0 pilot explained: How tokenised bonds help investors

UPI gets new features: Tap-to-pay, unified window for transaction details

Sebi launches Demat 2.0 pilot for tokenised corporate bonds using DLT

Delhi HC rules no GST registration without biometric-based Aadhaar authentication

Govt tightens e-commerce rules: Price transparency to curbing dark patterns, key changes explained

India launches online platform to connect exporters with US buyers

Punjab HC strikes down Income Tax Act's Section 147A as unconstitutional

CAS stays, but derivatives settlement may change, says Sebi chief

Mumbai man sells property for Rs 24 Cr, buys multiple homes; LTCG benefit denied — ITAT says this

Three Indian companies under US Senators' scanner for data 'theft' allegations

India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in country

International News:

CA ANZ calls for ‘firm-level’ ASIC jurisdiction on audit firms

Audit teams’ AI use common but most lack strategy

Exposure Draft:

SEBI Draft:

Consultation Paper on Applicability of IT and Cyber Security Framework of MIIs to their Subsidiaries
[Last date for Comments: October 2, 2026] 

Legal Updates:

Income Tax:

Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT-2518) for Mutual Fund Transactions under section 508(1) of the Income-tax Act, 2025 read with sub-rule 6 of rule 237 of the Income-tax Rules, 2026 by Registrar and Share Transfer Agent [SFT Notification No.2]

Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT-2517) for Depository Transactions under section 508(1) of the Income-tax Act, 2025 read with sub-rule 6 of rule 237 the Income-tax Rules, 2026 [SFT Notification No.1]

IBBI:

Due diligence by Insolvency Professionals regarding misuse of IBC framework

IFSCA:

Extension of validity of expired placement memorandum

IFSCA (Fund Management) (Second Amendment) Regulations, 2026