caalley logo

The alley for Indian Chartered Accountants

Daily Newsletter - July 10, 2023

Go to Newsletter Archives

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

SEBI Regulations & Master Circular

Exposure Draft:

ICAI Act

Legal Updates:

Income Tax

GST

DGFT

Customs


  

News Update:

Indian News:

New GST rules on anvil; biz may have to explain discrepancy in ITC claims

Sebi circular raises MF trustees accountability

Sebi puts in place regulatory framework for mutual fund's sponsors

Now, GSTN can seek info from ED on any case

Taxpayers urged not to claim fraudulent returns, file revisions in case of wrong claims made

India could soon have 24x7 virtual courts to dispose of all sorts of cases

I-T dept has taken many initiatives to ensure ease of compliance: Official

WHOPPING Rs 15,000 crore Tax Evasion! BIG Action by CBIC to Weed Out Fake GST Accounts – Details

All GST businesses will now have to geocode their addresses: GSTN

  

International News:

Proposed audit reforms will not be "game-changing" and risk major lost opportunity, say Manchester accountants

Audit teams must collaborate to weather economic storm, experts say

US starts new round of audit inspections on China firms


Acts & Regulations:

SEBI Regulations & Master Circular:

SEBI (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2023 

Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper


Exposure Draft:

ICAI Act:

The Chartered Accountants (Second Amendment) Regulations, 2023


Legal Updates:

Income Tax:

Jurisdictional Notification [No.47]

  

GST:

PMLA Notification: GST Offences will be included under PMLA

  

DGFT:

Revision of General Notes regarding Import Policy under Schedule 1(Import Policy) ITC (HS), 2022 [Notification No.18]

Amendments under Para 2.92 and Annexure-V of Appendix-2A of HBP 2023 under India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) [Public Notice No.21]

  

Customs:

Standard Operating Procedure for stepping up of Preventive Vigilance Mechanism by the jurisdictional CBIC field formations and to prevent flow of suspicious cash, illicit liquor, drugs/narcotics, freebies and smuggled goods during elections [Instruction No.22]


 

 

Read more on:
Don't miss an update!
Subscribe to our newsletter