Daily Newsletter - June 15, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

PCAOB Draft

Acts & Regulations:

RBI Master Directions

Legal Updates:

IBBI

SEBI

Customs

Central Excise

News Update:

Indian News:

RBI allows overseas individuals to open repatriable rupee accounts

India introduces PPI for goods and services, begins shift from WPI

EPFO cannot recover PF money from retirees over employer lapses: HC

Labour ministry eyes universal, flexible pension scheme under EPFO

How Sebi's exit review may reshape delisting playbook for companies

International News:

PCAOB Proposes Rollbacks to Quality Control Standard Amid Audit Firm Pushback

Exposure Draft:

PCAOB Draft:

Proposed Amendments to QC 1000, A Firm's System of Quality Control, and Related Rule and Forms
[Last date for Comments: July 9, 2026] 

Acts & Regulations:

RBI Master Directions:

Master Direction – Foreign Investment in India (Updated as on June 15, 2026)

Master Directions on Authorisation to operate a Payment System

Legal Updates:

IBBI:

Guidelines for Conducting Valuation Under the Insolvency and Bankruptcy Code, 2016

SEBI:

Norms for Base Price, Price Bands, Call Auction in pre-open session and Close-out procedure for Exchange Traded Funds (ETFs)

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.55(NT)]

Implementation of MeitY Notification S.O. 2204(E) dated 05.05.2026 regarding “Standalone Hard Disk Drives” under Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2021 [Instruction No.9]

Implementation of MeitY Notification S.O. 1246(E) dated 10.03.2026 regarding exemption for Highly Specialized Equipment (HSE) under Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2021 [Instruction No.8]

Testing of samples of Export Consignments [Circular No.28]

Exemption of Merchant Overtime Charges (MOT) on International Cruise passengers and baggage clearance at cruise ports [Circular No.27]

Central Excise:

Seeks to amend Notification No. 08/2026-Central Excise dated 26.03.2026 to revise the SAED rate on exports of ATF outside India [Notification No.31]

Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the SAED rates on exports of diesel outside India [Notification No.30]