caalley logoThe alley for Indian Chartered Accountants

Weekly Newsletter - January 14, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

RBI Drafts

SEBI Draft

Acts & Regulations:

IBBI Regulation

RBI Master Circulars / Directions for 2025-26

SEBI Regulation

From the ICAI:

ICAI FAQs

CA's Referencer:

NFRA

International Content:

FRC Reference Material

Legal Updates:

IBBI

SEBI

RBI

FEMA

IFSCA

IRDAI

DGFT

Customs

 


  

News Update:

Indian News:

PFRDA panel on assured NPS payouts: Experts explain what may change

Claiming HRA without a rent agreement? Tax dept will ask for proof

NRI bought property in India, didn't file ITR, got tax notice; wins relief in ITAT

Ensure faster grievance redressal, claims settlement: FinMin to insurers

World Bank upgrades India's economic growth forecast to 6.5% for FY27

RBI proposes resumption of licensing of urban co-op banks

Govt looks to expand UPI's global footprint, eyes East Asia: DFS secy

Financial activities on non-financial platforms pose challenges: RBI DG

Free digital life certificate service for EPS pensioners from EPFO, India Post

RBI bars resident Indians from issuing credit guarantees to NRIs

CAs can drive grassroots change in how co-ops manage their finances—Union minister Bhupender Yadav

'RBI's $10 bn foreign exchange swap to sail through on corporate demand'

India-EU trade deal in ‘final stages’; talks with US underway, says Piyush Goyal

GST inspector named in Rs 100 cr evasion scam

RBI advocates disclosure of NPA, penalties & inspection info; banks oppose

Crypto rules tightened: Live selfies, geo-tagging mandatory for users; FIU rolls out tougher KYC norms

No tax relief for Flipkart co-founder Binny Bansal

UK-based taxpayer ignored tax notices, still escaped Rs 10,000 penalty; here’s why

Budget session from January 28; Union Budget on February 1

‘GST 2.0 resets tax system, expands role of auditors’: Guntur Audit Commissioner

Sebi eases technical glitch norms for stock brokers, cuts compliance burden for smaller firms

RBI cancels registration certificates of 35 NBFCs

ICAI introduces mandatory ‘e-diary’ for CA students starting articleship from Jan 2026

HC raps IT Dept over 8 years delay in refund

Financial institutions must imbibe spirit of regulations: RBI governor

PF withdrawal to be eased: Soon, EPFO may allow advance claims via BHIM app

Reserve Bank of India mulls fresh steps to provide relief to exporters

Bombay HC allows trader to keep ₹1.75 crore profit made after Kotak Securities tech glitch

Judiciary can't order GST cuts on air purifiers, Centre tells Delhi HC

Budget 2026: Rs 1.52 lakh crore locked in Customs disputes; Govt may consider amnesty, duty slab rationalisation

Sebi revamps stockbrokers' rules to ease compliance, push ease of doing biz

Gratuity can't be held due to no fund excuse; HC

I-T department flags major risks of cryptocurrencies, joins RBI in cautioning against VDAs

Man sells 350 gram gold, he wins case in ITAT Ahmedabad

SEBI probe finds Bank of America shared insider information ahead of $180 million block deal: Report

'Kyunki Bahu is a relative too': Families to Sebi over easing takeover code

Finmin plans to scrap curbs on Chinese firms bidding for govt contracts

  

International News:

AICPA proposes new rules for alternative practice structures

PCAOB names new acting director of enforcement

ISSB amends IFRS S2, moves to natural capital standards

America’s tariff headache: Trump’s levies hit jobs harder than prices — here’s why

PCAOB Sanctions CPA for Violations Related to Audit Evidence and Her Former Audit Firm for Quality Control Issues

ISCA outlines strategy for small and medium-sized accounting practices in Singapore

Corporate Disclosure in the Age of AI


Exposure Drafts:

RBI Drafts:

Draft Amendment Directions on ‘Clarification on Owned Fund / Tier 1 Capital computation for NBFCs / ARCs and applicability to “Credit / Investment Concentration” Norms’
[Last date for Comments: January 28, 2026] 

Draft RBI (Urban Co-Operative Banks - Governance) Amendment Directions, 2026 and Draft Reserve Bank of India (Rural Co-Operative Banks - Governance) Amendment Directions, 2026
[Last date for Comments: January 30, 2026] 

  

SEBI Draft:

Consultation Paper on Circular for Trading at Stock Exchanges
[Last date for Comments: January 30, 2026] 


Acts & Regulations:

IBBI Regulation:

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Amended upto 23.12.2025)

  

RBI Master Circulars / Directions for 2025-26:

Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025 (Updated as on January 09, 2026)

Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Directions, 2025 (Updated as on January 09, 2026)

Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Directions, 2025 (Updated as on January 09, 2026)

  

SEBI Regulation:

SEBI (Stock Brokers) Regulations, 2026
[Published on January 7, 2026]


From the ICAI:

ICAI FAQs:

FAQs on key accounting implications arising from the New Labour Codes
[Published by ICAI on December 26, 2025]


CA's Referencer:

NFRA:

Effective Communication Between Statutory Auditors and Those Charged with Governance, Including Audit Committees
[NFRA Circular]


International Content:

FRC Reference Material:

Annual Review of Corporate Governance Reporting
[November 2025]


Legal Updates:

IBBI:

Provisional List of IPs prepared in accordance with ‘Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) (Second) Guidelines, 2025’, for appointment as IRP, liquidator, RP and BT, during the period January to June 2026

  

SEBI:

Review of Framework to address the ‘technical glitches’ in Stock Brokers’ Electronic Trading Systems

Simplification of requirements for grant of accreditation to investors

Compliance Reporting Formats for Specialized Investment Funds (SIFs)

  

RBI:

Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2025-26

  

FEMA:

Foreign Exchange Management (Guarantees) Regulations, 2026 [Circular]

Foreign Exchange Management (Guarantees) Regulations, 2026

  

IFSCA:

IFSCA (Capital Market Intermediaries) (Amendment) Regulations, 2026

Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022

Notification on enabling ‘Oilfield Equipment’ as a financial product in IFSC

IFSCA ((Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) (Amendment) Regulations 2026

IFSCA (Registration of Insurance Business) (Amendment) Regulations, 2026

IFSCA (Performance Review Committee) (Amendment) Regulations 2026

  

IRDAI:

Implementation of TRAI Direction on mandatory adoption of 1600-series to curb the menace of Unsolicited Commercial Communication (UCC)

  

DGFT:

Enlistment under Appendix 2E of FTP, 2023-Agency Authorised to issue Certificate of Origin (Non-Preferential) [Public Notice No.43]

Amendment in Appendix 2U of Handbook of Procedures, 2023 [Public Notice No.42]

  

Customs:

Seeks to continue anti dumping duty on imports of “Normal Butanol or N-Butyl Alcohol” originating in or exported from European Union, Malaysia, Singapore, South Africa and United States of America [Notification No.2(ADD)]


Don't miss an update!
Subscribe to our email newsletter
Important Updates