Daily Newsletter - October 27, 2023
Latest additions to CAalley:
News Update:
Useful Forms:
Exposure Draft:
Legal Updates:
News Update:
Irdai excludes retail sector of insurance industry from arbitration clause
SEBI's instant settlement plan faces foreign investor pushback
Finance ministry notifies prospective levy of GST on corporate guarantees
Irdai sets up 12-member committee to simplify insurance policy wordings
Sebi proposes new type of high-risk mutual fund to compete with PMS
ITR filing by individuals grows 90 per cent to 6.37 crore in AY 2021-22
CRA to replace pension funds as FIP in account aggregator ecosystem
Lenders and CIC to pay Rs 100 per day for record update delay: RBI
Sebi finalises SOP to stop promoter misuse of foreign cos for shareholding
If alerted promptly, bank must compensate for cyber fraud: Consumer court
CBDC can play important role in cross-border payment, says RBI Guv
Sebi bars finfluencer from securities market, asks to disgorge Rs 17 cr
Useful Forms:
ITR 6 Excel Utility updated
&
ITR 7 Windows and MAC setup Utilities updated
Exposure Draft:
Draft Master Direction on Managing Risks and Code of Conduct in Outsourcing of Financial Services
[Last date for Comments: November 28, 2023]
Legal Updates:
Advisory related to changes in GSTR-5A
The Central Goods and Services Tax (Fourth Amendment) Rules, 2023 [CGST Notification No.52]
Joining the Account Aggregator Ecosystem as Financial Information User
Review of Financial Information Provider (FIP) under Account Aggregator Framework
Non-Callable Deposits - Master Direction on Interest Rate on Deposits
Review of Instructions on Bulk Deposits for Regional Rural Banks (RRBs)
Framework for compensation to customers for delayed updation/ rectification of credit information
Strengthening of customer service rendered by Credit Information Companies and Credit Institutions
Amendment of Arbitration Clause in General Insurance policies
Streamlining of Halal Certification Process for Meat and Meat Products [Notification No.41]
Revised All Industry Rates of Duty Drawback [Circular No.26]