caalley logo

The alley for Indian Chartered Accountants

Daily Newsletter - June 21, 2024

Go to Newsletter Archives

Latest additions to CAalley:

News Update:

Indian News

International News

Useful Forms:

Income Tax eForms

Income Tax Return eFiling Utilities

Acts & Regulations:

IRDAI Master Circular

Exposure Draft:

IFAC Draft

International Content:

IFRS Reference Material

Legal Updates:





News Update:

Indian News:

GST rate rationalisation panel reconstituted, Bihar dy CM named convenor

NBFCs need to focus on compliance, risk and liquidity, says RBI ED R Lakshmi Kanth Rao

Millionaires on the move: Where are the world's rich migrating to in 2024?

Sebi tightens norms for IPO price discovery to curb manipulation

Sebi issues guidelines for system audit of professional clearing members

Sebi confirms interim direction; bans JM Financial from managing debt public issues till Mar 2025

IRDAI bars unit-linked policies from being advertised as investment product

IBBI proposes amendments to insolvency rules; seeks public comments

Corporate bond ticket size slashed: What does it mean for retail investors?

Growth is important, but not at cost of unacceptable risks: RBI governor

Centre seeks exemption for sovereign funds from RBI's AIF rules, sources say

US inheritance tax threatens HNI investors: Can GIFT City be a solution?


International News:

[US] Auditors Pan Bid to Report Their Own Financials as Too Rigid

Useful Forms:

Income Tax eForms:

Schema have changed for the following Income Tax eFiling Utilities
Form 3CEB
Form 29B
Form 29C


Income Tax Return eFiling Utilities:

ITR 7 eFiling Utilties have been released

Acts & Regulations:

IRDAI Master Circular:

Master Circular on Operations and Allied Matters of Insurers

Exposure Draft:

IFAC Draft:

Proposed Revisions to IES 2, 3, and 4 – Sustainability
[Last date for Comments: July 24, 2024] 

International Content:

IFRS Reference Material:

ESRS–ISSB Standards - Interoperability Guidance
[Published jointly by IFRS Foundation and EFRAG]

Legal Updates:


System Audit of Professional Clearing Members (PCMs)

Introduction of a special call auction mechanism for price discovery of scrips of listed Investment Companies (ICs) and listed Investment Holding Companies (IHCs)

Modification in duration for Call auction in pre-open session for Initial Public Offer (IPO) and Relisted scrips

Contribution to Core Settlement Guarantee Fund and Default Waterfall for Limited Purpose Clearing Corporation (PLCC)



Exchange Rate Notification No. 45/2024-Cus (NT) dated 20.06.2024 [Notification No.45(NT)]

Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s Cognex Sensors lndia Pvt Ltd [Notification No.44(NT)]



Read more on:
Don't miss an update!
Subscribe to our newsletter