CAalley Newsletter dated March 27, 2023
Latest additions to CAalley:
News Update:
Exposure Draft:
Legal Updates:
News Update:
Tobacco in gunny bags to attract 28% GST, 71% compensation cess: AAR
India asks state-run banks to monitor top loan accounts strictly: Reports
SEBI makes KYC mandatory for maintaining e-wallets in mutual funds from May 1
Sebi relief for investors holding physical shares
STT hike could push FPIs to relocate operations to India to save tax
Can't declare a borrower 'fraud' without hearing him first: SC tells RBI
Mutual fund nomination deadline to end on March 31
Export benefits under RoDTEP extended to 18 textile items including sari
Revised guidelines to digitise fund flow architecture in MPLADS
FM tells PSBs to diversify deposit, asset base amid global financial stress
Chennai-based accounting firm under scanner for forging documents
Lok Sabha approves Finance Bill as amended by Rajya Sabha: Report
Govt hikes duty on X-ray machine imports from 10% to 15% starting April 1
Govt caps maximum GST cess rate on pan masala; links rate to sale price
Withholding tax on royalty and technical fee doubled to 20%
RBI asked to monitor card spend under LRS
No relief to start-ups from angel tax provisions in Finance Bill amendments
Why tighter regulations won't prevent the next financial crisis
FASB Proposes Accounting Rules for Measuring, Presenting and Disclosing Crypto Assets
Consider Developing a Standard Definition of EBITDA for U.S. GAAP, FASB Advisers Say
Accountant shortages likely to yield more audit failures
Exposure Draft:
Proposed Accounting Standards Update
Intangibles — Goodwill and Other — Crypto Assets
Accounting for and Disclosure of Crypto Assets
[Last date for Comments: June 6, 2023]
Legal Updates:
Inclusion of 18 HS Codes under Heading 5208 in Appendix 4R for RoDTEP [No.63]
