Daily Newsletter - May 5, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
Taxmen to conduct two-month special drive to weed out fake GST registrations, identify masterminds
GSTN advises taxpayers to plan return filing, invoice uploading to avoid last-minute rush
Chartered Accountants Become Reporting Agencies After Tweak In Anti-Money Laundering Law: Report
SC: Homoeopathic hair oil entitled to lower tax rates
'Sebi to tell brokers, funds to limit use of financial influencers'
Dealing with EU's carbon tax is high on the agenda: DGFT
FinMin allows 22 finance cos to undertake Aadhaar-based client verification
Here's how banks are coping with surge in cyber attacks, phishing, fraud
India considering allowing foreign investment in nuclear power industry
CA, CS handling client money in PMLA ambit; FinMin notifies rules
RBI updates KYC instructions on wire transfers for banks, institutions
Additional 1.16% contribution for pension fund to come from employers: Govt
India should introduce carbon-pricing system
CBDC more environment friendly than other cashless modes: RBI report
Supreme Court paves way for prosecution of 2 ex-IL&FS audit firms
Performance linked incentive for MF industry to garner more investments, says SEBI official
Irdai proposes guidelines for remuneration of core team of private insurers
PCAOB enhances transparency of inspection reports
Supreme Court to Hear Whistleblower Retaliation Case with Widespread Implications
US Federal Reserve delivers small rate hike, flags possible pause in tightening cycle
Reference Section:
Professional scepticism requires ‘right’ culture
[Published By Accountancy Age]
May 4, 2023
Exposure Drafts:
The IBBI invites comments from the public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016
[Last date for Comments: December 31, 2023]
Amendments to Insurance Advertisements and Disclosure Regulations
[Last date for comments: May 25, 2023]
Acts & Regulations:
Master Direction - Know Your Customer (KYC) Direction, 2016 (Amended as on May 4, 2023)
Legal Updates:
DTAA with Chile [Notification No.24]
Applicability of PMLA on CA/CS/CWA
Guidelines for Special All-India Drive against fake registrations [Instruction No.1]
Advisory for Timely Filing of GST Returns
Amendment to the Master Direction (MD) on KYC – Instructions on Wire Transfer
Additional requirements for the issuers of transition bonds
Exchange rate Notification No. 33/2023-Cus (NT) dated 04.05.2023 [No.33(NT)]