Daily Newsletter - May 31, 2024
Latest additions to CAalley:
News Update:
Acts & Regulations:
Legal Updates:
News Update:
You can now know why your ITR has been shortlisted for scrutiny by taxmen
‘IBC resolved as many cases in 7 yrs as BIFR did in 30 yrs’
RBI going Hi-tech in regulation, risk management
RBI to allow opening of rupee account outside India to boost currency use
RBI unveils final guidelines for fintech SRO; PCI wants to apply
Ease of Doing Business: Still a job half-done
Sebi issues guidelines for inspection of warehouses by clearing corporations
Sebi directs depository participants to take swift action against any fraud
S&P raises outlook for India to positive, affirms rating at BBB-
RBI liquidity operations to match monetary policy stance: Annual report
Health insurance claim rule change: Cashless claims must be cleared in 3 hours
Irdai mandates health insurers to decide on cashless claims within 1 hour
FPIs may lose exemption benefits as Sebi issues updated SOPs for custodians
Some ARCs bypassing regulations, lack transparency: RBI deputy governor
Meet India's Insolvency professionals: Male, chartered accountants and not so young
RBI bars Edelweiss ARC from acquiring financial asset with immediate effect
ISSB releases jurisdictional guide to sustainability standards
ICAEW hits back at claims of declining audit quality
GASB Issues Guidance to Improve Components of Government Financial Reports
Acts & Regulations:
Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors
[Published on May 30, 2024]
Legal Updates:
Amendments regarding inclusions in specified districts [CGST Notification No.11]
Amendments regarding inclusion of districts under specified cities [CGST Notification No.10]
Ease of Doing Business – Internet Based Trading for Stock Brokers
Revision of eligibility criteria for launching commodity futures contracts
Investor Charter for Depositories and Depository Participants
Investor Charter for Stock Exchanges
Modification in requirement of inspection of accredited warehouses by Clearing Corporations
Norms for acceptable collaterals and exposure of Clearing Corporations
Master Circular on Health Insurance Business
Clarification of Para 4.17 of Hand Book of Procedures-2023 [Circular No.3]
Modification of SION E-125 for export of Shea Stearine [Public Notice No.7]
Disbursal of Drawback amounts into the exporters accounts through PFMS [Instruction No.15]
