CAalley Newsletter dated February 3, 2023
Latest additions to CAalley:
News:
Exposure Drafts:
Acts & Regulations:
Reference Section:
Legal Updates:
News Update:
Sebi tweaks framework on credit rating agencies, asks for detailed policy
Banking sector remains resilient and stable: RBI
No extension to lower withholding tax triggers concern among FPIs: Report
Will bring scheme for disposal of small appeals: CBDT chairperson
Window for unlimited investment in insurance policies with tax-free return closes on March 31
Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers
Monthly GST revenue at Rs 1.50 lakh crore to be new normal next fiscal: CBIC chief
Govt paves way for IFSC units to issue P-notes to foreign investors
Windfall tax to continue for now; collections at Rs 25k cr this year: Govt
Sebi clarifies on transaction in corp bonds via request for quote platform
Sebi mulls framework for REITs, InvITs to issue depository receipts
Tax reins tightened, charitable trusts have no margin of error
I-T, TDS to cover cash ‘benefits’
Notes on Clauses - Direct & Indirect Taxes -- As Published by IT Dept
Highlights of Finance Bill -- As Published by IT Dept
How many times can you switch between new tax regime and old tax regime?
10 things individual taxpayers should know
Understanding 20% TCS on foreign remittance transactions
Decriminalisation proposal can make investors gung-ho about doing business
Personal income tax googlies you must watch out for
Finance Minister proposes amendments to banking laws
Budget proposals don't seek privatisation of state-owned banks: DEA Secy
Govt hikes import duty on toys to 70% to boost domestic manufacturing
Budget gives thrust to handicrafts, ELS cotton
Central banks should stick to 'higher for longer' interest rate approach: IMF
BOE Raises Key Rate to 4% Saying More Hikes May Be Needed
Fed raises rates a quarter point, expects ‘ongoing’ increases
Exposure Drafts:
Consultation Paper on providing option to Alternative Investment Funds and their investors to carry forward unliquidated investments of a scheme upon completion of its tenure
[Last date for Comments: February 18,2023]
Consultation Paper on Regulatory Framework for REITs and InvITs to issue Depository Receipts
[Last date for Comments: February 21,2023]
Acts & Regulations:
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 [Dated February 2, 2023]
Reference Section:
Analysis of Indirect Tax Updates in Finance Bill 2023
Legal Updates:
FAQs on e-Verification Scheme 2021
Manner of achieving minimum public shareholding
Amendments to Operational Circular for Credit Rating Agencies
Exchange rate Notification No. 08/2023-Cus (NT) dated 02.02.2023 [No.8(NT)]
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [No.7(NT)]