Daily Newsletter - October 12, 2026

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

RBI Directions

SEBI Regulations

From the ICAI:

ICAI Guidance Note

Legal Updates:

SEBI

DGFT

News Update:

Indian News:

Sebi notifies common ad code, allows celebrity endorsements for brands

GST move puts subscription model under pressure

ITAT Relief on Rental Income from IT Park

SEBI Credit Risk-o-Meter for bonds: How the new colour-coded system will help investors assess risk

GST Council proposes 2% TDS on scrap deals

CBDT amends Income Tax Form 161: What changes for taxpayers seeking penalty waiver?

Landowner gets Rs 6 crore by selling TDRs, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gains

ITAT Mumbai deletes penalty because tax officer invoked wrong provision

SEBI to issue AI, machine learning guidelines shortly; eyes expiry-day settlement rules within a week : Tuhin Kanta Pandey

Sebi notifies new settlement rule; unveils formula, fast-track route. Check details

EY data breach puts spotlight on data security at Big Four as clients demand tighter controls

International News:

IFAC sets new global principles for accountants

Acts & Regulations:

RBI Directions:

Updated as on October 9, 2026:

Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Payments Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025

SEBI Regulations:

SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026
[Published on October 6, 2026]

From the ICAI:

ICAI Guidance Note:

Guidance Note on Report Under Section 92E of The Income-Tax Act, 1961 (Transfer Pricing)
[Revised 2026]

Legal Updates:

SEBI:

SEBI (Research Analysts) (Amendment) Regulations, 2026

SEBI (Employees' Service) (Second Amendment) Regulations, 2026

SEBI (Mutual Funds) (Second Amendment) Regulations, 2026

SEBI (Intermediaries) (Second Amendment) Regulations, 2026

SEBI (Certification of Associated Persons in the Securities Markets) (Amendment) Regulations, 2026

DGFT:

Amendment in Export Policy of Prepared Culture Media [Notification No.44]

Amendment in Import Policy of Glufosinate and its salts covered under Chapter 38 of Schedule–I (Import Policy) of ITС (HS), 2022 [Notification No.43]

Clarification on import of Silver under ITC(HS) 71069221 against Import Authorisation for import of Restricted items issued by DGFT [Circular No.2]