Daily Newsletter - June 5, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Useful Forms:
Legal Updates:
News Update:
Sebi mandates process of securities payout directly to client accounts
CBIC unveils new draft, set to replace 8-decade old central excise regime
AI in finance: How algorithms are shaping personal wealth management
GST appeal process to be fully digitised
Sebi seeks additional IPO disclosures to speed up clearance process
Sebi introduces 'Saarthi 2.0' mobile app on personal finance for investors
ChatGPT scores 60% accuracy on financial statement analysis
FASB Proposes Rule on How Companies Account for Government Grants
Understanding the PCAOB's stricter quality control rules
Exposure Drafts:
Proposed New Model of Networking - LLP Firm Network Model
[Last date for comments: June 6, 2024]
Draft ‘Central Excise Bill, 2024’
[Last date for comments: June 26, 2024]
Proposed IFRS Taxonomy Update
Accounting Taxonomy 2024 — Update 1
[Last date for Comments: Spetember 3, 2024]
Acts & Regulations:
Master Circular for Bankers to an Issue
[Published on June 3, 2024]
Useful Forms:
The following MCA eForms have been updated:
Form BEN-2
Return to the Registrar in respect of declaration under section 90
Form I-XBRL
Form for filing XBRL document in respect of cost audit report and other documents with the Central Government
Form ADJ
Memorandum of Appeal
Form AOC-4(XBRL)
Form for filing XBRL document in respect of financial statement and other documents with the Registrar
Legal Updates:
Disclosures of Material Changes and Other Obligations for Foreign Portfolio Investors
SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2024
Amendment in Appendix - 6B of FTP/HBP, 2023 [Public Notice No.8]
