Check out the latest additions to CAalley ...

Updates were in the following categories:

Indian News

International News

MCA eForms

Legal Updates

  • Income Tax
  • Service Tax
  • IRDA
  • Central Excise
  • SEBI
  • RBI
  • DGFT


Indian News:

Cabinet nod likely to double gratuity cap to Rs 20 lakh

Taxes under GST 'to increase a bit', says CBEC Chairman

GST: New rules will have impact on retail chains, restaurants and contractual farming

SBI announces one-time settlement scheme worth Rs 6,000 crore for tractor loans

RBI to now open up UPI for digital wallets like Paytm and MobiKwik

RBI removes limit on cash withdrawal, banks go back to pre-demonetisation era

Cash is back:Jolt of currency crunch not enough to digitise India

Corporate governance gets timely Sebi jog

Inquiry into GST's IT infra firm for alleged tax evasion still on: CBEC

CBDT wants to fast track prosecution cases against shell companies

Govt to initiate action against defaulters soon

Fear of retro returns? Tribunal upholds Rs 10,000-crore tax demand on Cairn

IRDAI says no mandatory listing of insurance companies

Demonetisation can't be a standalone reform measure: C Rangarajan

Govt depts sitting on graft probes, rlys on top: CVC

NBFC cash loan against gold restricted to Rs 25,000

Income Tax notice to 550 people for depositing over Rs 15 lakh, post demonetisation

Audit firms may see increased poaching beginning April this year

PMGKY: I-T asks blackmoney holders to make honest declarations

India and Belgium sign Protocol to amend DTAA

Sebi goes digital on all payments

Higher tax-free gratuity to benefit senior employees more

Supporting GST laws to be tabled on Mar 27

Cost accountants’ body to train 15 lakh traders in GST basics over the year

Internet companies may lose permit if service not started in 1 year

More brokers under Sebi scanner for 'dark fibre' linked trading on NSE

Arthur Anderson re-enters India, ties up with International Business Advisors


International News:

FASB updates standards for reporting on pensions and other post-retirement benefit plans

AICPA Issues Revised Going Concern Audit Standard

FASB proposes changes in accounting for nonemployee share-based payments


MCA eForms:

Updated on March 14, 2017


Legal Updates

Income Tax:

Clarifications on the Taxation and Investment Regime for PMGKY, 2016 [Circular No.8]


Service Tax:

Seeks to amend Notification No 25/2012-Service Tax, dated 20.6.2012 [No.10]



Investment in Units of Real Estate Investment Trusts (REIT) & Infrastructure Investment Trusts (InvIT)

Guidelines on insurance e-commerce


Central Excise:

Master Circular on Show Cause Notice, Adjudication and Recovery [Circular No.1053]



Circular on Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957

Redressal of complaints against Stock Brokers and Depository Participants through SEBI Complaints Redress System (SCORES)

SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017



Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fourth Amendment) Regulations, 2017

Disbursal of loan amount in cash

Inclusion of “The Royal Bank of Scotland plc” in the Second Schedule to the Reserve Bank of India Act, 1934



Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017 [Public Notice No.61]