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Weekly Newsletter - November 26, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

IBBI Draft

SEBI Drafts

Acts & Regulations:

RBI Master Direction

SEBI Regulation

Useful Forms:

ITR eFiling Utilities for AY 2025-26

International Content:

FASB Reference Materials

Legal Updates:

Income Tax

GST

IBBI

FEMA

SEBI

IFSCA

DGFT

Customs

 


  

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

Delhi HC grants interim relief to Elon Musk's Tesla in trademark dispute

Sebi introduces threshold-based framework to determine materiality of related party transactions

Sebi proposes to exclude ZCZP, delisted stocks for BSDA calculation

A SIM in your name could land you in court, even if you never used it: DoT warns

New labour codes explained: 10 types of employees who will benefit immensely from revised rules

Afghanistan offers 5-year tax exemption to Indian investors in gold mining

Tax collection may fail to meet target for this fiscal

PF, gratuity and take-home changing under new labour codes? What to expect

Justice Surya Kant sworn in as 53rd Chief Justice of India

RBI probes surge in API-based money laundering

Health insurers see frauds in Rs 50,000 claim segment

India, Israel may implement proposed FTA in two phases: Piyush Goyal

FinMin renews merger proposal of state-owned general insurance firms

Bill to hike FDI in insurance sector to 100% to be tabled in winter session

I-T department tells charitable trusts to add 'irrevocable' clause or lose tax benefits

Sebi prohibits mutual funds' participation in pre-IPO placements; allows investment in anchor rounds

Supreme Court puts CAs on par with Advocates for ITAT appointments—Key takeaways from landmark decision

UPI set to interlink with European instant payment system TIPS: RBI

Four Labour Codes made effective to simplify and streamline labour laws

Sebi to strengthen link between infra and markets: Tuhin Kanta Pandey

No timelines on President, governors to give assent to bills, rules SC

Buying your first art? Fine print in tax laws could add to your costs

Delhi Police uncovers Rs 1,000 cr cyberfraud trail under Operation Cyber Hawk, nabs 700 criminals

Major update on Capital Gains Account Scheme: 19 new banks authorised to offer CAGS services for saving income tax by property sellers

Govt revises Capital Gains Accounts Scheme 2025 with key amendments

GST registration to be suspended if you don’t do this

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

CAG to conduct pan India audit on ease of doing business for MSMEs

CAG to set up Centre of Excellence for Financial Audit at Hyderabad

Bank manager robs Rs 1.6 crore from his own branch

Startup costs feeling heavy? Karnataka's IT policy could lighten the load

SC pulls up CBI, slams SEBI's 'double standards' over 'reluctance' to probe allegations against Indiabulls

Trai sets deadlines for BFSI to adopt '1600' series for official calls

  

International News:

Firms using advanced tech seen as more valuable, trustworthy

Rude clients hurt audit quality

FRC Annual Review highlights the value of meaningful explanations in corporate governance reporting and the code’s flexibility

ICAS wins double honours for digital CA syllabus

FRC takes steps to support quality and consistency in the assurance of sustainability reporting

US charges ex-investment banker, 7 others in global insider-trading scheme


Exposure Drafts:

IBBI Draft:

Discussion Paper on Proposed Guidelines for Conducting Valuation under the Insolvency and Bankruptcy Code, 2016
[Last date for Comments: December 10, 2025] 

  

SEBI Drafts:

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] 

Ease of investments and ease of doing business measures - Review of the Facility for Basic Services Demat Account (BSDA) for Financial Inclusion
[Last date for Comments: December 15, 2025] 


Acts & Regulations:

RBI Master Direction:

Master Direction – Export of Goods and Services
(Updated as on November 14, 2025)

  

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:

Income Tax:

19 new banks authorised to offer Capital Gains Account Scheme services [Notification No.162]

The Capital Gains Accounts (Second Amendment) Scheme, 2025 [Notification No.161]

 

GST:

Advisory for Furnishing of Bank Account Details as per Rule 10A

 

IBBI:

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

IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2025

IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2025

 

FEMA:

Amendments to Directions - Compounding of Contraventions under FEMA, 1999

Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 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)

The SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2025

 

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]

href="corporate-laws-updates/dgft-public-notice-no-32-amendment-to-para-2-08-of-the-handbook-of-procedures" target="_blank" rel="noopener">Amendment to Para 2.08 of the Handbook of Procedures [Public Notice No.32]

 

Customs:

Launch of SWIFT 2.0 and onboarding of AQCS, PQMS and FSSAI on SWIFT 2.0 as Single Touch Point for Trade for NOC Processing [Circular No.29]


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