Daily Newsletter - November 9, 2023

Go to Newsletter Archives

Latest additions to CAalley:

News Update:

Indian News

International News

Legal Updates:

RBI

SEBI

Customs

News Update:

Indian News:

SC holds IBC cannot be held to be operating in retroactive manner

Insurance ombudsman disposes of 92% of complaints in FY23

HC orders tax refund of Rs 1,128 cr to Vodafone Idea; pulls up I-T dept

GST exemptions disrupt input tax credit chain, will complex GST: CBIC chief

Sebi eases access to unclaimed funds in REITs, InvITs, debt securities

GST authorities to start sending advisories to non-complaint businesses

RBI body raises concern over rise in bank borrowing by NBFCs

Get ‘taxonomy’ right first then seek investors in green sector: Ajay Tyagi

Cyber fraud: Chartered accountant from Pune arrested for cheating people through 'task' fraud

IBBI proposes smooth registration of occupied flats in insolvent realty projects

Regulated entities to follow new IT framework from April 2024: RBI

FinMin focuses on bringing all business establishments under GST net

Cash component in realty deals rising, reveals demonetisation anniversary eve survey

International News:

PCAOB chief chides auditors for blaming failures on talent shortage

UK ditches much of corporate governance revamp to focus on being competitive

EY Eyes Giving More Power to Partners in Wake of Failed Split

Legal Updates:

RBI:

‘Fully Accessible Route’ for Investment by Non-residents in Government Securities – Inclusion of Sovereign Green Bonds

SEBI:

Procedural framework for dealing with unclaimed amounts lying with Real Estate Investment Trusts (REITs) and manner of claiming such amounts by unitholders

Procedural framework for dealing with unclaimed amounts lying with Infrastructure Investment Trusts (InvITs) and manner of claiming such amounts by unitholders

Procedural framework for dealing with unclaimed amounts lying with entities having listed non-convertible securities and manner of claiming such amounts by investors Mutual Fund

Customs:

Allowing advance assessment of Courier Shipping Bills [Circular No.28]