Daily Newsletter - August 9, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Useful Forms:
Legal Updates:
News Update:
Banking laws Bill extends tenure of cooperative banks' directors to 10 yrs
India may allow four nominees to a bank account
Major milestone! NSE investor base crosses 10-crore mark
RBI expected to step up intervention if the rupee touches 84 level
Clarity likely soon on grey areas in black money law
Monetary policy: Some entities not following topup loan norms, says RBI
IBBI introduces self-regulatory guidelines for committee of creditors
States should have heart to take call on removal of 18% GST on insurance: Nirmala Sitharaman
RBI shortens frequency of bank reports to credit information companies
New non-financial accounting norms in the works, as ESG grabs centre stage
RBI introduces delegated payments through UPI
RBI to set up public repository of digital lending apps to check unauthorised players
GST authorities issue Rs 2,000 cr notice to 20 insurers operating in SEZs
RBI hikes UPI limit for tax payments to Rs 5 lakh per transaction
RBI's monetary policy committee keeps repo rate unchanged at 6.5%
US Judge refuses to block Byju's payment to India's cricket board
Sebi issues Rs 25-cr notice to Karvy Stock Broking, Parthasarathy
Mushrooming mule accounts fuel rise in financial frauds, says official
DPDP rules to be out for public consultation at end of Budget session
Budget approved: Rajya Sabha returns appropriation and finance Bills to Lok Sabha
Lok Sabha passes Finance Bill, amends LTCG tax provision on immovable properties
FRC opens consultation on going concern guidance revisions
AI prep is top challenge for companies drowning in ‘unstructured data’
China Evergrande liquidators sue PwC for 'negligence', 'misrepresentation'
UK: EY sanctioned for breaching non-audit services cap fee
FASB Issues 2024 Investor Outreach Report
Exposure Drafts:
Consultation Paper on draft circular for Reporting by Foreign Venture Capital Investors
[Last date for Comments: August 29, 2024]
Climate-related and Other Uncertainties in the Financial Statements
Proposed illustrative examples
[Last date for Comments: November 28, 2024]
Useful Forms:
Utility and Schema have been updated for Form 3CEB
Legal Updates:
Extension for Net Worth and Base Minimum Capital Requirement to Grandfathered Members
Frequency of reporting of credit information by Credit Institutions to Credit Information Companies
Submission of data by life Insurers to Insurance Information Bureau of India (IIBI)
