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Daily Newsletter - July 1, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Useful Forms:

ITR eFiling Utilities

Legal Updates:

SEBI

DGFT

Customs

 


  

News Update:

Indian News:

It's taxing times for electoral bond buyers after Supreme Court's Feb verdict

RBI appoints Arnab Kumar Chowdhury as new ED with effect from June 3

Bank of Baroda receives ₹1,068 crore demand order from IT Dept

Incomplete transmission could delay rate reversal by RBI

Govt to launch campaign for redressal of family pensioners' grievances

GST wing reaches out to traders to help clear dues

GST raids on restaurants unearth massive tax evasion

Banks put on alert! RBI warns banks of ‘credible threat intelligence’ regarding cyberattacks

Sebi for mandatory disclosure of risk-adjusted return by MFs

IRS officer Ravi Agrawal appointed new CBDT chief, to succeed Nitin Gupta

PFRDA to begin same-day settlement for NPS subscribers from July 1

EPF withdrawal benefits extended to members with under 6 months of service

 

International News:

Center for Audit Quality Asks PCAOB to Reduce Burdens on Small Accounting Firms


Exposure Draft:

SEBI Draft:

Consultation Paper on disclosure of Risk Adjusted Return by Mutual Funds
[Last date for Comments: July 19, 2024] 


Useful Forms:

ITR eFiling Utilities:

The following ITR eFiling Utilities ahve been updated:

ITR 1 - Excel Utility
ITR 2 - Excel Utility
ITR 4 - Excel Utility


Legal Updates:

SEBI:

Facility for Basic Services Demat Account (BSDA) for Financial Inclusion and Ease of Investing

Participation by Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and Resident Indian (RI) individuals in SEBI registered FPIs based in International Financial Services Centres in India

 

DGFT:

Extenstion of Interest Equalisation Scheme(IES) for Pre and Post shipment Rupee Export Credfit for two months beyond 30th June 2024 [Trade Notice No.7]

 

Customs:

Implementation of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) [Circular No.8]

Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2024 [Notification No.47(NT)]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.46(NT)]

Seeks to extend the exemption provied to imports of specified defence equipments for a further period of 5 years [Notification No.26]

Seeks to impose provisional anti-dumping duty on Telescopic Channel Drawer Slider, originating in or imported from China PR [Notification No.13(ADD)]

Seeks to impose anti-dumping duty on Easy open ends of tin plate, including electrolytic tin plate (ETP), measuring 401 diameter (99MM) and 300 Diameter (73 MM) in dimension, originating in or imported from China PR [Notification No.12(ADD)]

Seeks to impose anti-dumping duty on alloy steel chisel/tool and hydraulic rock breaker in fully assembled condition, originating in or imported from China PR and Korea RP [Notification No.11(ADD)]

Seeks to impose Anti-dumping duty on imports of Sodium Cyanide originating in or exported from China PR, European Union, Japan and Korea RP [Notification No.10(ADD)]


  

  

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