Weekly Newsletter - March 26, 2024
Latest additions to CAalley:
News Update:
Useful Forms:
Legal Updates:
News Update:
LIC receives GST demand notice of Rs 39.39 lakh from Gujarat GST officials
India's regulatory scrutiny may raise lenders' capital costs, slow loan growth, says S&P Global
CBI, banks differ over fair hearing to ‘old’ cases of ‘fraud’
IRDAI drops plan to ease insurance surrender fees
Banks get ready to count int'l credit card spend in liberalised remittance scheme
No withholding tax on discount on prepaid SIM cards, recharge vouchers: Supreme Court
CBI books 3 GST officials for demanding Rs 22L bribe
Madras HC: No GST on women hostels as end-use not commercial
RBI's special audit to probe regulatory breaches of IIFL Finance, JMFPL
IRDAI gives approval to set up insurance e-marketplace
Sebi wants stock brokers to use only strong bank FDs, guarantees to settle trades
Mutual funds get GST notices for exit load
Move at the earliest to a three-slab system in GST: Rangarajan
Sebi asks mutual funds to stop fresh subscriptions in overseas ETFs from April
SROs must promote a culture of compliance among members, says RBI
Sebi to launch beta version of T+0 trade settlement for 25 scrips
Robust regulations must to check digitalisation risks: RBI dy guv
GST compensation cess may end before March 2026 deadline
India invokes MFN clause, lowers royalty, FTS tax rates in India-Spain treaty
Crypto bourses block fishy coin withdrawals
Banks should pass reasoned orders while declaring entity defaulter: HC
HDFC bonds can't retain infra tag after merger: RBI
Sebi exempts offshore funds from naming their investors but here's the catch
CCI denies interim order restricting Google from charging its service fee
RBI directs all bank branches dealing in govt biz to remain open on Mar 31
GST officer dismissed for Rs 14 crore tax fraud
Could AI take the grind out of accountancy? - BBC
CFOs play it safe on AI spending
UN tax committee to design a model blueprint for wealth tax
FASB clarifies guidance on profits interest awards
How Germany got too tough on insider trading
PCAOB fines KPMG China partners $150K
US Federal Reserve holds rates again over ‘elevated’ inflation
Useful Forms:
3 Recently Updated Income Tax Forms
Legal Updates:
Issuance of Indian Financial System Code (IFSC code) to IFSC Banking Units (IBUs)
Reassignment of Lead Bank Responsibility
All Agency Banks to remain open for public on March 31, 2024 (Sunday)
Regulatory Revamp: A Paradigm Shift [Press Release]
Amendment in export policy of Onions [Notification No.81]
Amendments under Interest Equalization Scheme [Trade Notice No.40]
Amendment in policy condition of Crude Oil under HS Code 2709 00 10 [Notification No.80]
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024 [Notification No.24(NT)]
