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Daily Newsletter - February 10, 2025

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Latest additions to CAalley:

News Update:

Indian News

Budget 2025 News

International News

Exposure Drafts:

MCA Draft

SEBI Draft

FAQs:

IFSCA FAQs

Legal Updates:

GST

IFSCA

DGFT

Customs

 


  

News Update:

Indian News:

Link Aadhaar and activate UAN by February 15 to secure your EPFO benefits

GST evasion of Rs 1.88 trn detected by CGST officers during April-Dec 2024

Delhi HC quashes NFRA’s 11 show-cause notices against CAs, audit firms

Action against banks, NBFCs if they violate gold auction norms: Sitharaman

1.2 million ITR filers for FY 2023-24 have not got refund: How to fix issue

India sets up EFTA desk to promote trade, investment, biz facilitation

Sebi mulls changes to compliance report format, auditors' appointment rules

Sops in works for MSMEs' green journey

Taxonomy for climate finance should be ready in 6 months: DEA secretary

Govt looking at procedural easing to further promote FDI, says official

New I-T bill may be introduced in House on Tuesday

Delhi HC backs NFRA's powers but questions it on 'division of functions'

RBI will allow ample time for implementing changes regarding ECL, LCR: Guv

Sebi bans 'she wolf' of stock market YouTuber in finfluencer crackdown

 

Budget 2025 News:

Budget 2025: MSME definition revision a ‘good decision,’ says India Inc; seeks more ‘aha moments’ for ease of doing business

 

International News:

AICPA’s Auditing Board Plans to Issue 4 Standard-Setting Proposals in 2025

Why every accounting firm should think like a CFO

The Institute of Internal Auditors Releases the Cybersecurity Topical Requirement


Exposure Drafts:

MCA Draft:

Draft "The MCA, SFIO, Prosecutor and Senior Prosecutor, Recruitment Rules, 2024
[Last date for Comments: March 7, 2025] 

 

SEBI Draft:

Consultation Paper on aspects relating to Secretarial Compliance Report, Appointment of Auditors and Related Party Transactions of a Listed Entity
[Last date for Comments: February 28, 2025] 


FAQs:

IFSCA FAQs:

FAQs on IFSCA (Setting up and operation of International Branch Campus and Offshore Education Centre) Regulations, 2022


Legal Updates:

GST:

Procedure to be followed in department appeal filed against interest and/or penalty only, related to Section 128A of the CGST Act, 2017 [CGST Instruction No.2]

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Maharashtra and Lakshadweep

 

IFSCA:

Procedure for implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005" and Section 51A of “The Unlawful Activities (Prevention) Act, 1967”- Change of Nodal Officer

 

DGFT:

Amendment in Export Policy of Raw Human Hair [Notification No.59]

 

Customs:

Appointment of Common Adjudicating Authority (CAA) in respect of Sh. Nisar P. Aliyar & others [Notification No.8(NT)]


  

  

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