We demonstrate a simple and effective methodology for acetalization and thioacetalization of aldehydes by catalytic amount of ethyl-2-cyano-2-(2-nitrophenylsulfonyloximino) acetate (ortho-NosylOXY), a novel peptide coupling reagent. This safe reagent successfully transforms the aldehydes into cyclic acetals, 1,3-dithiolanes, and 1,3-dithianes. The reaction is compatible with electron-withdrawing and donating substituents containing aldehydes and different kinds of diols and dithiols. Also, the reaction worked well with an α,β-unsaturated aldehyde, and an aliphatic aldehyde. Yields are impressive (71 to 95 %) at a moderate temperature and short time. Hence, broad substrate scope, high yield, easy isolation of the products, and catalytic nature of the reagent make this methodology an environment-friendly alternative to the existing ones.