Daily Newsletter - September 4, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News Update:
How to use new electronic system to resolve Income Tax disputes
Interest equalisation scheme for exporters extended for another month
Assam Police uncovers ₹2,200 cr scam; CM warns against fraudulent online investments
Banks ready list of 3,000 entities involved in fraudulent practices
India’s audit penalties are among the world’s lowest. That could change.
GST on insurance premiums: Karnataka in favour of exemption on products used by working class
FinMin to develop climate finance taxonomy in 6-10 months, says Ajay Seth
To facilitate taxpayers in invoice matching, GSTN to launch IMS from Oct 1
Finance ministry to sell 6.78% stake in GIC Re for Rs 4,700 crore
Mis-selling of life insurance policies at alarming level, says Irdai
Sebi working on simplified rules for foreigners investing in govt bonds
New notices for GST on transfer of leasehold land stir real estate concerns
No income tax rebate u/s 87A despite total income below Rs 7 lakh in these cases
48% tax on hybrid cars, 5% on electric to continue for 'long time': Kant
Use digital for efficiency, not undue risks: RBI
Rs 250 mutual fund SIPs, single-bourse disclosures for companies soon: Sebi chief
Crowdstrike Windows outage: Delta threatens to sue cybersecurity company for damages
SEC tightens auditor oversight
PCAOB releases two new, divergent inspection reports for Canadian accounting firms
Exposure Drafts:
Consultation Paper on proposed IFSCA (Investment by IFSC Insurance Office) (Amendment) Regulations, 2023
[Last date for Comments: September 23, 2024]
Listing of Commercial Papers (CPs) and Certificate of Deposits (CDs) on the recognized stock exchange in IFSC
[Last date for Comments: September 17, 2024]
Acts & Regulations:
SEBI (Intermediaries) Regulations, 2008 [Updated upto August 29, 2024]
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 [Updated upto August 29, 2024]
SEBI (Depositories and Participants) Regulations, 2018 [Updated upto August 29, 2024]
Legal Updates:
Advisory on Reporting of supplies to un-registered dealers in GSTR1/GSTR 5
Advisory: Invoice Management System
SEBI (Intermediaries) (Amendment) Regulations, 2024
SEBI (Depositories and Participants) (Second Amendment) Regulations, 2024
