Daily Newsletter - October 6, 2023
Latest additions to CAalley:
News Update:
Useful Forms:
From the ICAI:
Legal Updates:
News Update:
Sebi extends dispatching period of hard copies of statements till Sept 2024
AI, multilingual approach important for efficient auditing: CAG
RBI to issue framework for SRO recognition for regulated entities
RBI doubles gold loan limits for urban cooperative banks to Rs 4 lakh
Monetary policy: RBI flags financial stability risks from unsecured loans
RBI MPC keeps repo rate unchanged, signals tight liquidity measures
Non-residents can now e-file Form 10F without PAN
Cairn India gets SAT relief in case vs Sebi
SAT quashes SEBI's order against former NDTV promoters Prannoy Roy, Radhika Roy
Tax dept agrees to refund Rs 190 cr to Vedanta, Delhi HC takes note
GST Council likely to exempt distilled alcohol used to make liquor from tax
India amends insolvency rules in wake of jet leasing dispute
RBI forms an external working group for expected credit loss-based framework
35% of investment advisors still not registered, says SEBI Chairperson
GST panel to clarify on corporate guarantees, some exemptions likely
FM asks company secretaries to rededicate themselves to better corporate governance
PCAOB chief slams auditors for 40% error rate
FRC sets out reporting expectations amidst ongoing economic uncertainty
Audit sector can tackle Big Four dominance through collaboration, experts say
Useful Forms:
ITR 5 eFiling Utilities for Windows and MAC have been updated
From the ICAI:
Legal Updates:
Gold Loan – Bullet Repayment – Primary (Urban) Co-operative Banks (UCBs)
Requirement of Base Minimum Capital Deposit for Category 2 Execution Only Platforms
Exchange Rate Notification dated October 5, 2023 [No.73(NT)]