Daily Newsletter - March 1, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Useful Forms:
Acts & Regulations:
CA's Referencer:
Legal Updates:
News Update:
Bihar traders offered 'one-time settlement' for pre-GST era tax liabilities
Kolkata trader held for ‘₹500cr GST fraud’ in J’khand, 4 states
Tax official arrested for taking bribe to resolve firm's GST suspension
RBI expands scope of BBPS directions to non-bank payment aggregators
GST on corporate guarantees: Experts await more clarity
CAG, ICAI to launch online courses to strengthen local bodies’ accounting
Fintech compliances have to be simplified, made user friendly: Sitharaman
RBI proposes norms for disclosure of climate-related financial risks for lenders
Global audit framework for local bodies in the works: CAG
IFRS Foundation publishes research on applying materiality judgements
Green audits are coming for a company near you
New FASB Segment Accounting Rules Carry Big Implications for Using Non-GAAP Measures
Exposure Drafts:
Consultation paper on the proposed IFSCA (Payment Services) (Amendment) Regulations, 2024
[Last date for Comments: March 21, 2024]
Proposals Regarding False or Misleading Statements Concerning PCAOB Registration and Oversight and Constructive Requests to Withdraw from Registration
[Last date for Comments: April 12, 2024]
Useful Forms:
The following MCA eForms have been updated as on February 29, 2024:
Form 23AC
Form 23B
All MCA eForms are available at here
Acts & Regulations:
Master Direction – Reserve Bank of India (Bharat Bill Payment System) Directions, 2024
CA's Referencer:
Excel Utility for Bank Branch Audit
[2024 edition]
Legal Updates:
Export of Onions (under HS Code 07031019) to Bangladesh [Notification No.63]
Amendment in Para 2.39 of the Foreign Trade Policy, 2023 [Notification No.62]