Daily Newsletter - July 22, 2024

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Latest additions to CAalley:

News Update:

Indian News

Economic Survey 2024

Legal Updates:

GST

IFSCA

Customs

News Update:

Indian News:

Economic Survey: DPI brings down KYC costs to Rs 6 from about Rs 1,000

ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department

Corporate profits nearly quadrupled, but employee salaries didn't: Economic Survey urges firms to raise compensation

Economic Survey highlights AI's potential and challenges to future of work in India

Economic Survey 2023-24: Why India’s march to ‘Viksit Bharat’ will be more difficult than China’s rise

Economic Survey says need for 'viable, cost-effective' housing in India

Cashless travel made easy: UPI One World available to all foreign tourists

Third-party dependency in digital lending has risks: RBI dy governor

AI has arrived; harnessing it in a big way in public auditing space, says CAG Murmu

Economic Survey 2024:

Economic Survey 2023-24

Legal Updates:

GST:

Advisory: Refund of tax paid on Inward supply of goods by Canteen Store Department (FORM GST RFD 10A)

IFSCA:

Report of the Expert Committee for Drafting Institutional Arbitral Rules for the Proposed International Arbitration Centre at GIFT IFSC

Report of the Expert Committee on Development of Pension Products at GIFT IFSC

Report on Transition Finance by the Expert Committee on Climate Finance

Customs:

Amendment to Notification No. 24/2023-Customs (N.T.) dated 01.04.2023 - Extension of RoDTEP support to exports by unit in SEZ [Notification No.50(NT)]

Seeks to impose countervailing duty on imports of Pneumatic Radial Tyre for buses & lorries imported from China PR for a period of 5 years [Notification No.3(CVD)]