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Daily Newsletter - January 15, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Acts & Regulations:

IRDAI Regulations

Legal Updates:

GST

IBBI

IFSCA

DGFT

 


  

News Update:

Indian News:

GST Tribunals may be delayed by 6 months as states yet to appoint officials

Govt employees can get Rs 25 lakh as gratuity. What rules say

CCI's ruling can force rollback of features, hurt business, warns Meta

SEBI proposes mandatory issuance of new securities in demat form post-stock split, mergers

Income Tax can seize properties even if real owner is untraceable: Court

New update on GST Amnesty Scheme waiver of penalty and interest: These taxpayers need to withdraw their appeal and then apply for the scheme

Relief against customs duty payment issues for international travellers; new advisory for stuck payments

RBI Governor Malhotra shows willingness for a more flexible rupee

Fintechs capture 76% of personal loans as banks slowdown in H1 FY25

RBI rejigs deputy guv portfolios; Rajeshwar Rao takes monetary policy dept

 

International News:

IASB amends IFRS 9 and IFRS 7 for renewable electricity contracts

Many Auditors Are Still Married to Their Excel Spreadsheets, Report Finds


Exposure Draft:

SEBI Draft:

Consultation paper on certain amendments to SEBI LODR Regulations, 2015 with the objective of encouraging dematerialization of securities and streamlining certain processes in view of current regulatory landscape
[Last date for Comments: February 4, 2025] 


Acts & Regulations:

IRDAI Regulations:

IRDAI (Maintenance of Information by the Regulated Entities and Sharing of Information by the Authority), Regulations 2025

IRDAI (Regulatory Sandbox) Regulations, 2025


Legal Updates:

GST:

Guidelines for Arrest and Bail in relation to Offences Punishable under the CGST Act, 2017 [Instruction No.1/2025]

Advisory for Waiver Scheme under Section 128A

Generation Date for Draft GSTR 2B for December 2024

 

IBBI:

Mandatory Use of eBKray Auction Platform for Liquidation Processes

 

IFSCA:

Extension of timeline for implementation of the Circular titled “Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC” dated December 02, 2024"

 

DGFT:

Notification of Schedule-II (Export Policy) of ITC(HS) 2022, in sync with Finance Act 2024 dated 16.08.2024 [Notification No.50]


  

  

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