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CAalley Newsletter dated November 16, 2022

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Latest additions to CAalley:

News:

Indian News

Budget News

International News

Exposure Draft:

GASB Draft

International Content:

Financial Reporting Council, UK

Acts & Regulations:

SEBI Regulations

Legal Updates:

GST

IRDAI

Customs


  

News:

Indian News:

You cannot use accounts with these banks to pay income tax on TIN NSDL website anymore

Sebi plans to put in place cyber security framework for stock brokers

PSBs look to clean up education loans

Passing on of rate actions slow due to barriers: RBI

SEBI introduces option for appointment, removal of independent directors

IRDAI for use of latest OS, IT equipment

India approves 'vostro' accounts for nine banks to help promote trade in rupees

Govt asks state-owned firms to consider insolvency court to shut units

Only e-filing in to-be-set up GSTAT tribunals: Supreme Court

Data protection bill will end misuse of data, penalise violators: MoS IT

NPS rules eased: PFRDA releases new exit form, know the changes

RBI shortlists five banks to work on its digital currency pilot project

EPFO set to hire 35 legal experts to deal with litigation: Report

GST appellate tribunals likely to be set up by December 2023

NAA To Wind Up, GST Anti-Profiteering Complaints To Be Taken Up By CCI From December 1

Govt to bring fuel under GST, says Petroleum minister

  

Budget News:

Govt plans changes in capital gains tax in Budget 2023, says report

  

International News:

GASB proposes new implementation guidance

US Audit Board Urged to Aid ESG Validation With Updated Rules

ESG materiality ranges beyond ‘bottom line’: SEC official

GASB proposes new implementation guidance

Audit Partners See U.S. Businesses Adjust Cost Management and Labor Strategies in Response to Economic Challenges

FRC sets out principles for public interest test

  


Exposure Draft:

GASB Draft:

Implementation Guidance Update—2023
Last date for Comments: January 20, 2023]

  


International Content:

Financial Reporting Council, UK:

Financial Reporting Council, UK

General principles for considering the public interest in our work
[November 2022]

  


Acts & Regulations:

SEBI Regulations:

Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022 [Dated November 14, 2022]

  


Legal Updates:

GST:

The Central Goods and Services Tax (Third Amendment) Rules, 2022 [No.22]

  

IRDAI:

Regarding the use of out-of-date Operating System (OS) and IT Equipments

  

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [No.96(NT)]

 

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