Daily Newsletter - June 2, 2023
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
RBI releases draft on cyber resilience, digital payment security controls
CBIC reorganizes National Assessment Centre
Angel tax-hit venture funds reach out to CBDT for relief
Digital transactions in India highest in world but why is cash still king?
New TER structure to pose challenge for smaller AMCs
Uttar Pradesh govt launches 15-day mega registration drive for MSMEs
Irdai issues Bima Vahaks draft to establish channel at Gram Panchayat level
SEBI cancels Certificate of Registration of Karvy Stock Broking
Sebi to auction properties of 7 business groups on June 28 to recover investors' money
Prioritise depositors over shareholders: RBI deputy governor M K Jain
I-T dept to keep open SFT returns filing portal for FY'23 for 'couple days'
NFRA slaps Rs 1.10 cr fine, imposes ban on two auditors, one audit firm
Bringing electricity under GST is likely to take 5-10 years: Sushil Kumar Modi
FASB tax disclosure plan draws fire
Kill the Audit Industry, Says Ex-Auditor
FASAB committee proposes changes to guidance on leases
Exposure Drafts:
Draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators
[Last date for Comments: June 30, 2023]
Bima Vahak Guidelines
[Last date for comments: June 22, 2023]
Leases Implementation Guidance - Amendments to Technical Release 20
[Last date for Comments: June 30, 2023]
International Tax Reform—Pillar Two Model Rules - Proposed amendments to the IFRS for SMEs Standard
[Last date for Comments: July 17, 2023]
Legal Updates:
The Income-tax (8th Amendment) Rules, 2023 - Amendment to Rule 11UAC [No.35]
Transactions in corporate bonds through Request for Quote platform by Stock Brokers (SBs)
Master Circular on Electronic Gold Receipts (EGR)
Exchange rate Notification dated June 1, 2023 [No.39(NT)]
