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Daily Newsletter - November 22, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

RBI Master Directions

From the ICAI:

Exposure Draft

Quality Review Board

Legal Updates:

Customs


  

News Update:

Indian News:

Pension is a basic entitlement and its payment cannot be denied: HC

I-T department finds Rs 10,000 crore tax evasion by online sellers on Instagram, Facebook

Faceless scrutiny assessment under GST may take some time: GSTN official

RBI Governor Shaktikanta Das asks NBFC-MFIs to be judicious in using flexibility on interest rates

Banks, NBFCs need to be watchful of stress building up: Shaktikanta Das

GST council's role only recommendatory: High Court

Govt cancels IDBI Bank asset valuer appointing bid, fresh RFP to be issued

CGST Delhi East busts a syndicate of 48 fake firms availing fraudulent ITC of over ₹199 crores in “Operation Clean Sweep”, 3 arrested

'KPMG expands operations in Kolkata, to double workforce by FY25'

ED issues notice to Byju's for forex violations of Rs 9000 crore: Reports

Sebi chair Buch cautions investors against heavy F&O bets

Tax department sets strict targets to resolve appeals: sources

  

International News:

Australia: EY admits staffer drafted papers for alleged tax exploitation partner


Acts & Regulations:

RBI Master Directions:

Recently issued RBI Master Directions


From the ICAI:

Exposure Draft:

ICAI Exposure Draft of Standards on Auditing for Limited Liability Partnerships
[Last date for comments: January 6, 2024]

  

Quality Review Board:

ICAI Report: QRB Report on Audit Quality Review


Legal Updates:

Customs:

Seeks to further amend notification No. 47/2021-Customs (ADD), dated 26th August, 2021, imposing Anti-dumping Duty on imports of "Natural mica-based pearl industrial pigments excluding cosmetic grade" from China PR, to modify the existing duty table [Notification No.13(ADD)]

Seeks to continue levy of anti-dumping duty on Synthetic Grade Zeolite 4A (Detergent Grade) from China PR [Notification No.12(ADD)]


 

 

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