Daily Newsletter - August 21, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Reference Section:
Legal Updates:
News Update:
GST sleuths tracking merchants skipping tax via digital payments
Who needs an income tax clearance to travel overseas? CBDT clarifies
D-Street bull run brings windfall gains for Sebi too
Latest global audit norm adoption on regulators' table to address gaps
RBI move to allow AMC license to IndusInd Bank could open route for para-banking activities by banks
Wealthy Indians' plan to invest abroad via GIFT city hits roadblock
RBI guv Shaktikanta Das ranked as top central banker for 2nd straight year
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues
Sent money to the wrong UPI address? Here's how to get a quick refund
In a setback to BSE, Sebi denies relief on payment of regulatory fee
NFRA imposes ₹10 crore penalty on BSR & Associates, debars two partners
RBI releases framework for financial market self-regulatory organisations
Sebi releases guidelines for market borrowing by Category I, II AIFs
India will need around 1 lakh company secretaries by 2030: Top body
SEC approves tougher rules around auditor 'negligence'
Can PwC recover from it's latest audit failure fine?
PCAOB Defends New Quality Control Standard Amidst Opposition by Auditors, Businesses
PCAOB ramps up enforcement against auditors
PwC loses major client Bank of China amid regulatory probe
Exposure Drafts:
Consultation paper on the Proposed IFSCA (Informal Guidance) Scheme, 2024
[Last date for Comments: September 10, 2024]
Consultation Paper on Faster Rights Issue with flexibility of allotment to Selective Investor(s)
[Last date for Comments: September 10, 2024]
Acts & Regulations:
IBBI (Information Utilities) Regulations, 2017 (Amended upto 13.08.2024)
IBBI (Inspection and Investigation) Regulations, 2017 (amended upto 13.08.2024)
Reference Section:
Background Material on GST Demands & Appellate Remedies [Issued by ICAI - November 2023]
Legal Updates:
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC) [Press Release]
Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
Use of ICETABs for efficient examination and clearance process [Circular No.10]
