Daily Newsletter - July 10, 2024
Latest additions to CAalley:
Exposure Draft:
Useful Forms:
Acts & Regulations:
Legal Updates:
News Update:
CFOs, auditors must follow regulations in letter and spirit says RBI
PF account freeze/ defreeze: Check out new EPFO SOPs to prevent frauds
RBI red flags 'lakhs' of accounts used for fraud and evergreening
Strict compliance, reporting rules making tax function difficult: PwC India
Insolvency law fosters healthy credit culture: NFRA chief Pandey
Sebi cracks down on sponsor bias: New rules for passive funds in India
Stock ‘GIFT’ to founders of tech cos, unicorns comes under ED lens now
NFRA, IICA join hands to launch training modules
ICAI and MeitY Collaborate on AI Audit Tool for Corporate India
Bulk of rise in forex reserves in Q1 due to gold
RBI to send strict 'zero tolerance' message to banks' bosses
Exposure Draft:
Consultation on Draft Circulars - Amendment to Master Circulars for InvITs and REITs dated May 15, 2024
[Last date for Comments: July 29, 2024]
Useful Forms:
All ITR 7 eFiling utilities have been updated:
Windows Utility
MAC Utility
Excel Utility
The following MCA eForms have been updated:
Form 23C
Form of application to the Central Government for appointment of cost auditor
Form-20B
Filing annual return by a company having a share capital with the Registrar
Acts & Regulations:
Master Circular on Surveillance of Securities Market
[Published on July 9, 2024]
Legal Updates:
Direct Market Access and Sponsored Access facilities for participants in Bullion Exchange
Basel III Capital Regulations - Eligible Credit Rating Agencies (ECAI)
Clarification to the Trade Notice No. 07/2024-2025 [Trade Notice No.8]
