Daily Newsletter - May 15, 2024
Latest additions to CAalley:
News Update:
Acts & Regulations:
Useful Forms:
Legal Updates:
News Update:
SEBI grants LIC extra 3 years to achieve minimum public shareholding
Amid surge in biz, RBI asks gold loan NBFCs to strictly comply with norms
Pune GST Intelligence busts multi-state fake input tax credit scam worth Rs 145 crore
Big relief for mutual fund investors: Sebi eases Aadhaar-PAN KYC rules
Why Indian HNIs invested in blank-cheque shell cos are facing tax scrutiny
SEBI relaxes KYC norms to simplify risk management framework
GST on corporate guarantees: Taxmen believe clarity will emerge only in SC
Paytm UPI Lite allows Rs 500 per transaction without PIN: Details here
Sebi plans tighter rules for listing small biz after complaints of misuse
EPFO introduces auto claim settlement for education, marriage, housing
AIFs must comply with certification requirement by May 2025: Sebi
Five states show interest in implementing Aadhaar-based authentication for GST registration
Capital gains tax applicable on gifted shares? Here’s what Bombay High Court ruling says
SC issues notice to centre over petition on imposition of GST on JDA
Taxpayers can now see if feedback is acted upon by reporting entities: Govt
Could AI be universally adopted within audit in the next three years?
PCAOB OKs auditor responsibility and quality control standards
Acts & Regulations:
Master Circular for Infrastructure Investment Trusts (InvITs)
[Published on May 15, 2024]
Master Circular for Real Estate Investment Trusts (REITs)
[Published on May 15, 2024]
Useful Forms:
MCA eForms updated as on May 13, 2024
Legal Updates:
CBDT releases new functionality in AIS [Press Release]
FAQ on KYC Norms for the Securities Market
Review of validation of KYC records by KRAs under Risk Management Framework
Certification requirement for key investment team of manager of AIF
