Daily Newsletter - June 16, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Legal Updates:
News Update:
Sebi notifies disclosure norms; top 100 listed firms to confirm or deny market rumour from Oct 1
Shell cos to fake invoice: How firms trying to evade GST are getting caught
Banks ask RBI to frame policy for silver loans
Wilful defaulters may get loan after five years of compromise settlement
GST Council to meet next in Delhi on July 11
I-T dept sends queries to NRIs about big, unexplained transactions
How Sebi’s 'execution only platforms' for MFs remove regulatory grey area
CAG to explore new audit areas as it adopts end-to-end digital framework
CBIC to assign risk rating to GST applications, taxmen to verify documents
SAT stays IRDAI order transferring Sahara Life business to SBI Life
India pitches for a rating upgrade with Moody's, questions methodology
Accounting Firms Scramble to Push Out AI Acceptable Use Policies
ECB raises rates to 22-year high, in no mood to pause
Reference Section:
Utility for Determining Materiality
Background Material on GST - Volume 1 [Issued by ICAI - April 2023 edition]
Background Material on GST - Volume 2 [Issued by ICAI - April 2023 edition]
Saransh - Last Mile Referencer for Accounting
Measuring Cost of Regulation (CoR) in India [Issued by DPIIT in April 2023]
Legal Updates:
Income Tax Authorities assigned to give effect to the e-Appeals Scheme, 2023 [No.40]
Advisory: Update on Enablement Status for Taxpayers for e-Invoicing’
Master Circular for Investment Advisers
Master Circular for Research Analysts
SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [No.45(NT)]
Exchange Rate Notification dated 15.06.2023 [No.44(NT)]