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The alley for Indian Chartered Accountants

Daily Newsletter - March 10, 2025

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

CCI Draft

IFSCA Draft

Useful Forms:

Income Tax Forms

Legal Updates:

IFSCA

DGFT

Customs

 


  

News Update:

Indian News:

GST evasion of Rs 1.95 trn detected by CGST officers during April-January

Social media accounts accessed only in search, survey ops: I-T official

ITAT rules in Shah Rukh Khan's favor: Foreign tax credit rule in India

India slaps anti-dumping duty on water treatment chemical from China, Japan

Govt invites applications for Irdai chief's post as Panda's term ends soon

Forex rate disclosures: ICAI supports change suggested by audit watchdog NFRA

Very close to decision on reducing GST rates & slabs: Nirmala Sitharaman

India eyes strong trade deal with US, aims to double trade: Sitharaman

India has signaled readiness to make deeper tariff cuts, says Donald Trump

Taxman smells a scam in dubious agricultural income declaration

After Madhabi Buch controversies, Sebi to reveal cases of conflict of interest of board members

  

International News:

Nasdaq joins exchanges seeking to offer 24-hour equities trading

Auditors could face less heat with Trump in the White House


Exposure Drafts:

CCI Draft:

Draft CCI (Conduct) Rules, 2025
[Last date for Comments: April 6, 2025] 

  

IFSCA Draft:

Public Consultation - Enabling Operating Lease Including any Hybrid of Operating and Financial Lease of Oilfield Equipment as a Financial Product
[Last date for Comments: March 28, 2025] 


Useful Forms:

Income Tax Forms:

The following Income Tax Forms have been updated:

Form No.64A
Form No.64B
Form No.64C
Form No.64D
Form No.64E
Form No.64F


Legal Updates:

IFSCA:

Contribution to Settlement Guarantee Fund (SGF)

Fee structure for ITFS operators/ Applicants desirous to set up an ITFS in IFSC

  

DGFT:

Amendment in Export Policy Condition under HSN of Schedule-II(Export Policy), ITC(HS) 2022 [Notification No.62]

Amendment in Export Policy of Broken Rice under HS code 1006 40 00 [Notification No.61]

  

Customs:

Seeks to amend Notification 64/2023-Customs to extend concessional duty on Yellow Peas till 31st May, 2025 [Notification No.17]

Seeks to amend import duty on Lentils (Mosur) [Notification No.16]

Seeks to levy anti-dumping duty on imports of 'Trichloro Isocyanuric Acid' imported from China PR and Japan for a period of 5 years, on the recommendations of DGTR [Notification No.1(ADD)]


  

  

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