Daily Newsletter - May 6, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
RBI to make digital currency available offline, says Governor Das
Centre may push for 12% GST for health insurance; lower rate seen to widen cover
Big 4's dominance: Local companies call for level playing field
FPSB India, IFSCA sign pact to promote GIFT IFSC as 'global finance hub'
Data sharing among authorities, taxpayers can help improve I-T dept AIS functionality: Deloitte
Financial Intelligence Unit arms itself with AI to check money laundering
Five GST officials arrested in refund fraud cases
Sebi eases e-onboarding for portfolio managers
ICAI defends action against EY affiliates, says move in sync with its statutory power
CBI arrests income tax officer for accepting Rs 4 lakh bribe
RBI proposes tighter rules for under-construction infra project financing
RBI revises banks' capital market exposure norms for T+1 settlement
CFOs must lead on establishing trust in AI for financial reporting
Exposure Drafts:
Consultation Paper on proposed IFSCA (Listing) Regulations, 2024
[Last date for Comments: May 25, 2024]
Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implementation
[Last date for Comments: June 15, 2024]
Legal Updates:
Import of UAEGD Gold through IIBX by valid India-UAE TRQ holders
Facilitating investments by NRIs and OCIs into Indian securities through Schemes / Funds in an IFSC
Issuance of Derivative Instruments against Indian securities by non-bank entities in GIFT-IFSC
Export of food commodities through National Cooperative Exports Limited (NCEL) [Notification No.11]
Amendment in the Export Policy of Onions [Notification No.10]
Suspension of inoperative SIONs [Public Notice No.3]