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Daily Newsletter - May 20, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Legal Updates:

IRDAI (Master Circular)

DGFT

  


  

News Update:

Indian News:

NFRA imposes Rs 2.5 cr fine on two auditors in Reliance Commercial Fin case

HC quashes ₹96cr GST demand notice to Metrowater

GST Council to hear gaming firms’ plea

GST fraud: 3 behind 100 fake firms held

ICAI disciplinary panel overlooks stay to pass order against 2 partners of PwC arms

ICAI passes orders against five affiliates of Price Waterhouse

SEBI considers regulatory role in crypto trading, diverging from RBI's approach. Here's what experts think

Need proactive risk mitigation measures to tackle cyberattacks: RBI

Creditors' haircuts in bankruptcy cases jump to 73% in FY24: Report

 

International News:

New Rules for US Auditing Firms Show That the World Has Changed

SEC strengthens requirements for response to data breaches

Should the Definition of a Public Business Entity be Revised? FASB Mulling Topic

Unveiling the new PCAOB standard QC 1000: A leap towards enhanced audit quality


Legal Updates:

IRDAI:

Master Circular on Actuarial, Finance and Investment Functions of Insurers

 

DGFT:

Amendment in Para 2.31 of the Foreign Trade Policy, 2023 and ITC HS 2022 Schedule 1 Import Policy [Notification No.13]


 

 

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