Weekly Newsletter - May 21, 2025
Latest additions to CAalley:
News Update:
Exposure Draft:
Useful Forms:
Legal Updates:
News Update:
Stuck UPI payment on PhonePe, Google Pay, Paytm? Possible fraud prevention
India better placed than peers to weather US tariffs: Moody's Ratings
SEBI Press Release: Caution to Investors on Stock Market Scams through Social Media Platforms
Dubai firm vanishes overnight without a trace, Indian investors lose millions
Govt workers retiring a day before hike to get notional increment: Centre
MSME Ministry partners with Denmark Patent Office to facilitate IPR transfer to MSMEs
NFRA probes Gensol's audit books after Sebi flags fraud, ICAI review underway
Thinking of a partial EPF withdrawal? Here's a step-by-step guide
90 crore tax deduction approved! Delhi HC allows 54F income tax deduction for buying multiple floors
Sebi revises norms, bars managing directors from MIIs' audit committees
Govt tightens gold import rules, plugs Dubai route misuse under CEPA
CBDT notifies ITR-U: Know who can file updated return, penalty, last date to file
Weekend retreats or tax retreats? India's elite use farmland to save crores
India eyes multi-phase trade deal with US, interim pact likely before July
SC upholds use of input tax credit for mandatory GST appeal deposit
RBI proposes relaxation in norms for investment in AIFs by banks, NBFCs
Supreme Court dismisses telcos' plea for AGR waiver, says govt can help
Why can't Centre have clear cut policy on Bitcoin trade? SC asks
India to tighten rules on firms with indirect foreign ownership: Report
Sebi issues Rs 2.1 cr demand notice to absconding diamantaire Mehul Choksi
Sebi threatens 2 offshore funds holding Adani shares with penalties: Reports
Sending money home? New US bill proposes 5% tax on remittances by non-citizens
India, EU conclude another round of FTA talks; deal likely in two phases
Sebi mandates e-book mechanism for private debt securities above Rs 20 cr
Sebi eases cash flow disclosure norms in corporate bond database framework
Sebi resolves 4,239 investor complaints via SCORES portal in April
Sebi extends timeline for implementing framework on issuance of ODIs by FPIs to Nov 17
RBI penalises Deutsche Bank, YES Bank for breaching compliance norms
Inter-state fake billing nexus busted: 2 held in ₹13.41 crore GST evasion case
IndusInd reveals Rs 674 crore error in microfinance books, flags 'other' asset lapse
India begins issuing chip-based e-passports in cities: All you need to know
Interest subsidy may return to help MSMEs compete in global market
Sebi bans SME firm Varyaa Creations from securities market over IPO proceeds diversion
Creditors recover record ₹67,000 crore via IBC in FY25, up 42% from FY24
Update your EPFO KYC information and save time and trouble: Here's how
Sebi comes out with composition of internal audit team for CRAs
GST amnesty scheme update: Do this to be eligible
Supreme Court may advise lawyers to give timeline to wrap up arguments
Bar Council of India allows foreign lawyers, firms to practice in India on reciprocity basis
AI recruiting has arrived for accounting. It's not enough
Accounting becomes gateway to entrepreneurship
FASB issues guidance on business combinations
KPMG rolls out AI-powered tool for mitigating tariff risks
Exposure Draft:
Draft Reserve Bank of India (Investment in AIF) Directions, 2025
[Last date for Comments: June 8, 2025]
Useful Forms:
Income Tax Return Forms for AY 2025-26
Legal Updates:
The Income-tax (19th Amendment) Rules, 2025 - ITR U for AY 2025-26 notified [Notification No.49]
Advisory on reporting values in Table 3.2 of GSTR-3B
The Companies (Accounts) Amendment Rules, 2025
Securities Contracts (Regulation) Amendment Rules, 2025
Rating of Municipal Bonds on the Expected Loss (EL) based Rating Scale
Amendments in Standard Input Output Norms (SION) A-1303 [Public Notice No.7]