Daily Newsletter - January 20, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

FASB Draft

FAQs:

RBI FAQs

Legal Updates:

IFSCA

DGFT

Customs

 

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News Update:

Indian News:

24 companies secure Rs 3,516 crore investment in third round of PLI scheme for AC & LED components

Sanchar Saathi App: How you can help fight cyber fraud and stay secure

New "cooling-off facility" could soon mitigate mule menace as govt, RBI seek to stay a step ahead of fraudsters

`No link between FPI outflows and SEBI’s granular disclosure rules’

Sebi relaxes on timeline for review of ESG rating on BRSR publication

Sebi mandates mutual funds to disclose IR for risk-adjusted returns of schemes

Use '1600xx' number series to call customers for transactions: RBI to banks

 

International News:

PCAOB puts focus on journal entries

AI adoption in auditing lags behind finance professionals

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Exposure Draft:

FASB Draft:

Invitation to Comment - Agenda Consultation
[Last date for Comments: June 30, 2025] 

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FAQs:

RBI FAQs:

FAQs - Reset of Floating Interest Rate on EMI based Personal Loans (Published on January 10, 2025)

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Legal Updates:

IFSCA:

List of Public Holidays and banking business hours for IBUs

 

DGFT:

Addition of new laboratory in Para 4.73 of the Handbook of Procedures, 2023 [Public Notice No.41]

Standard Operating Procedure / Guidelines for Voluntary Disclosure of Non Compliance/ Violations related to Export of SCOMET Items and SCOMET Regulations [Public Notice No.40]

 

Customs:

Seeks to amend Notification no. 19/2019- customs [Notification No.2]

Seeks to exempt imports by the inspection team of IAEA [Notification No.1]

Notification of ICD, Dhirpur, Kurukshetra, Haryana u/s. 7(1)(aa) of the Customs Act 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962 [Notification No.4(NT)]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.3(NT)]

Sea Cargo Manifest and Transhipment Regulations [Notification No.2(NT)]

Notification of ICD, Virochannagar, Ahmedabad, Gujarat u/s. 7(1)(aa) of the Customs Act 1962 [Notification No.1(NT)]

Sea Cargo Manifest and Transhipment Regulations [Circular No.2]

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