Daily Newsletter - December 20, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Reference Section:
International Content:
Legal Updates:
News Update:
PIL in Bombay HC seeks action against 'Mutual Fund Sahi Hai' ads by Amfi
RBI imposes Rs 27.30 lakh penalty on IndusInd Bank
India begins safeguard probe for steel imports
India raises barriers issue faced by domestic industry with European Union
New Bill proposes jail, stiff fine for unregulated lending
20% of India's super-rich are under 40, fuelled by start-ups, fintech, IPOs
India's grand weddings face tax raids over Rs 7,500 crore unaccounted cash
Key Supreme Court ruling comes in case involving capping of charges on late credit card bill payment
Sebi introduces new measures to curb misleading investment return claims
GST Council may provide exporter status to intermediaries for tax relief
States' freebies crowd out resources needed for development: RBI report
Sitharaman to hold pre-Budget talks with state finance ministers on Friday
Think beyond masked Aadhaar: Mandatory masking of all KYC identifiers to prevent CKYC data fraud
Sebi board meeting: 10 key changes approved by the regulator that you need to know
India’s record gold import said to be due to calculation error
Sebi cracks down on YouTuber for illegal investment advisory services
Expecting 20% recovery or Rs 6,000 cr dues under GST amnesty: Ajit Pawar
Supreme Court rules coconut oil as edible, lowering GST rates
CAG report raises red flags over income tax department's handling of arrears and outstanding demands
Sebi tightens regulations for SME listing, widens UPSI definition
Audit fees poised to rise further after 6.4% hike in latest cycle, report says
CFOs scramble for new AI talent amid fierce competition, report says
Bank of Japan keeps interest rates steady at 0.25%
Fed cuts key interest rates by 0.25%; reverse repo rate lowered to 4.25%
Exposure Drafts:
Recognition of Intangibles
[Last date for Comments: May 30, 2025]
Proposed Accounting Standards Update (ASU)
Environmental Credits and Environmental Credit Obligations (Topic 818)
[Last date for Comments: April 15, 2025]
Reference Section:
AI in Finance - US Report
[Source: KPMG]
International Content:
International Standard on Sustainability Assurance 5000
ISSA 5000
Legal Updates:
Simplification of Offer Document
Industry Standards on Reporting of BRSR Core
Policy for Sharing Data for the Purpose of Research / Analysis
Rescheduling of Launch Date for Preferential eCoO 2.0 System [Trade Notice No.24]
