Daily Newsletter - August 14, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Reference Section:

CA's Referencer

Useful Forms:

Income Tax Forms

Legal Updates:

DGFT

Customs

Central Excise

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News Update:

Indian News:

Sebi floats consultation paper to review delisting norms; proposed fixed price for voluntary delisting

ICAI merges phase two and three of mandatory peer review, guidelines to impact firms undertaking audit of large unlisted companies

Probe on insurers over, Income Tax department finds alleged tax evasion of Rs 15,000 cr

Rights of citizens will not be compromised whether the data is stored in India or outside: Ashwini Vaishnaw

Companies pay GST twice as suppliers err in filings

MCA allows 1,270 requests from CA, CS bodies to merge user IDs

All employees have a 'right to vent': Madras high court

Sebi to focus on tech; plans Geotagging solution to boost enforcement activities

RBI selects McKinsey, Accenture to use AI to improve regulatory supervision

Sebi levies Rs 60 lakh fine on individual for flouting regulatory norms

Sebi simplifies KYC process, rationalises risk management framework at KRAs

Investors from Mauritius, Singapore, Cyprus under Taxman’s lens for CCD gains

  

International News:

PCAOB Faces Competing Requests in Revising Audit Requirements for Non-Compliance with Laws and Regulations

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Exposure Draft:

SEBI Draft:

Consultation Paper on Review of Voluntary Delisting norms under SEBI (Delisting of Equity Shares) Regulations, 2021
[Last date for Comments: September 4, 2023] 

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Reference Section:

CA's Referencer:

Quick Referencer for Tax Audit u/s 44AB of The Income Tax Act, 1961 (AY 2023-24)
[Issued in July 2023]

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Useful Forms:

Income Tax Forms:

2 Income Tax Forms Updated and 1 New Added

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Legal Updates:

DGFT:

Amendment in details of an authorized agency under Appendix 2E of FTP, 2023 [Public Notice No.27]

  

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.60(NT)]

  

Central Excise:

Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to increase the Special Additional Excise Duty on export of Diesel and ATF [Notification No.27]

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude [Notification No.26]

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