RBI’s latest move could simplify financial tracking by bringing bank deposit details into the CAS, helping investors reconcile their FDs and other investments more easily.…


CBDT extends I-T return filing deadline for audit cases to November 21
The Central Board of Direct Taxes (CBDT) on Monday extended the deadline for filing income-tax returns for assessment year (AY) 2026-27 to November 21 from…

IESBA Ethics & Independence Approach to Use of Technology
The International Ethics Standards Board for Accountants (IESBA) has issued a snapshot on 12th June 2026 outlining how ethics and independence apply in an environment where technology…

IASB Issues IFRS 20 to Enhance Reporting for Rate-Regulated Entities
The International Accounting Standards Board (IASB) has issued IFRS 20, Regulatory Assets and Regulatory Liabilities, introducing a comprehensive accounting framework for entities operating in rate-regulated…

RBI introduces ECL-based provisioning and EIR framework for banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026, applicable…

SEBI Mandates Reporting of AIF NAV to Depositories
The Securities and Exchange Board of India (SEBI), vide circular dated 06 February 2026, has introduced a new reporting requirement, mandating Alternative Investment Funds (AIFs)…

RBI Notifies Amendments to the External Commercial Borrowing (ECB) Framework
The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations2026, dated February 09, 2026, revising the External…

SA 260 Revisited: Strengthening Communication Between Auditors and Those Charged with Governance
Communication between auditors and those charged with governance (TCWG) is a critical element of audit quality, particularly in areas such as audit planning, risk assessment,…

RBI Notifies Consolidated FEMA Regulations On Export And Import Of Goods And Services
The Reserve Bank of India (RBI) has recently issued the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, following a comprehensive…
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