Daily Newsletter - July 20, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Exposure Drafts:
From the ICAI:
Legal Updates:
News Update:
18% GST to be charged on battery charging for EVs: Karnataka AAR
PAN-trading account freeze extended to all listed firms, says Sebi
Professionals registered on MCA21 portal to have single ID
ITR filing 2023: Over three crore income tax returns filed so far, says income tax department
Pearls Group Scam: Vigilance Bureau arrests CA Dang for verifying fake documents
NRIs can still file income tax return even if their PAN becomes inoperative
NRIs asked to approach tax officers with residential status proof for PAN
PFRDA to allow funds to invest in sovereign green bonds: Chairman Mohanty
UK businesses plan to expand to India, says Grant Thornton
Reference Section:
Quality management standards: How to identify risks and design responses
Exposure Drafts:
Consultation paper on ‘Prudential norms for exposure of Clearing Corporations’
[Last date for Comments: August 10, 2023]
Post-implementation Review
IFRS 15 - Revenue from Contracts with Customers
[Last date for Comments: October 27, 2023]
From the ICAI:
Further deferment of second phase of Peer Review Mandate
Legal Updates:
The Income-tax (Thirteenth Amendment) Rules, 2023 - Amendment to Rule 11UAC [No.51]
Exemption of RRBs from the certain provisions of Competition Act
Amendment in Export Policy of Non-Basmati rice under HS code 1006 30 90 [Notification No.20]
Exchange rate Notification dated July 20, 2023 [No.54(NT)]