Daily Newsletter - February 7, 2025
Latest additions to CAalley:
News Update:
Exposure Drafts:
Useful Forms:
Legal Updates:
News Update:
RBI defers proposed LCR norms implementation till at least March 31, 2026
New income-tax law explained: No new taxes, simplified for common man
Kia challenges $14 million tax demand by India over trade treaty benefits
Sebi slaps Rs 34 cr fine on Brightcom Group, promoters for misrepresenting financials
Delhi court summons ED director over failure to provide documents in ₹88-crore SEBI fraud case
Bank unions give 2-day strike call beginning March 24
Sebi-registered non-bank brokers can directly access NDS-OM, says RBI
RBI allows 156 vostro accounts with 26 banks for rupee trade settlement
RBI announces to add bond derivatives to investors' hedging toolkit
RBI to delay higher digital deposit buffer for banks, governor says
RBI to introduce 'bank.in' and 'fin.in' domains to enhance payment security
RBI introduces extra security for international online payments with AFA
RBI will implement major regulations in phased manner, says Governor
RBI MPC cuts repo rate by 25 bps to 6.25%, continues with 'neutral' stance
Income tax bill won't raise tax or compliance load: Finance secretary Tuhin Kanta Pandey
EPFO settled record 5 crore claims worth Rs 2 lakh crore in FY25: Govt
Sebi’s pitch for combo products may work for small investors
Grant Thornton arm probing govt fund misuse at Assocham
New I-T bill not to have provisos; may come up in Cabinet on Friday
RBI directs NBFCs to disclose maximum loan charges, seek board approval
New RBI Governor Sanjay Malhotra expected to begin interest rate cuts
NPCI chief advocates for stronger legal systems to deter cyber frauds
Here're the foreign companies embroiled in tax disputes with govt
IBBI moots two-stage approval process to speed up rescue of bankrupt firms
IBBI revises insolvency rules to support homebuyers in resolution process
IBBI proposes coordinated insolvency resolution for interconnected entities
GST authorities clamp down on IndiGo with Rs 115.86 crore penalty
Bank of England cuts rates to 4.5%, sees higher inflation, weaker growth
PCAOB warns audit firms about using 'specialists'
Exposure Drafts:
Discussion Paper on streamlining processes under the Code
[Last date for Comments: February 25, 2025]
Consultation Paper on review of Regulation 17 (a) of SEBI (AIF) Regulations, 2012, with the objective of Ease of Doing Business
[Last date for Comments: February 28, 2025]
Consultation Paper on Draft Circular on Extension of automated implementation of trading window closure to Immediate Relatives of Designated Persons
[Last date for Comments: February 28, 2025]
Useful Forms:
Legal Updates:
Advisory on E-Way Bill Generation for Goods under chapter 71
Standing Liquidity Facility for Primary Dealers
Liquidity Adjustment Facility - Change in rates a
Reconstitution of Inter-Disciplinary Standing Committee on Cyber Security