CAalley Newsletter dated November 18, 2022
Latest additions to CAalley:
News:
Exposure Draft:
Acts & Regulations:
Legal Updates:
News:
India may soon have single e-commerce platform
FM urges independence of CAs to preserve integrity of financial statements
NSE amends rules for deletion of merged entities from indices
Securities depository CDSL detects malware in few internal machines
Works under SBM to attract GST if not done for govts, authorities: AAR
Relief to exporters: Centre lowers export obligation for 192 products under key scheme
Data bill may need multiple iterations before becoming practical: experts
India proposes easier cross-border data transfers under new privacy law
Draft personal data protection Bill: Penalties may range up to Rs 250 crore
Govt raises maximum tenure of PSU banks' CEOs to 10 years to retain talent
India's forex reserves rise at fastest pace since August 2021: RBI data
CBI arrests Gujarat CGST officer for accepting bribe
Sebi notifies rules on dividend, redemption proceeds to mutual fund unitholders
EPFO to appoint actuary firm for its pension and insurance schemes
Sebi proposes changes to buyback norms
New guideline for financial influencers under works, says Sebi
Windfall profit tax on crude oil hiked, levy on export of diesel cut
PSBs' asset quality challenges to pull down FY23 banking outlook
RBI looks for fault lines due to rate stress
NFRA to carry out conduct audit quality inspections of Big 4 network firms
Urgently call GST Council meeting, Amit Mitra writes to Sitharaman
CGST arrests proprietor for illegally availing fake input tax credit of Rs 21 cr
Committed to working quickly on UK-India free trade agreement: Rishi Sunak
Rwanda: Over 20 audit firms suspended
U.S. watchdog gained "good access" to audits of Chinese firms -sources
ECB warns of financial stability risks in euro area, warns of recession
Most auditors pessimistic about economy: CAQ
Exposure Draft:
Consultation Paper on Review of SEBI (Buyback of Securities) Regulations, 2018
[Last date for Comments: December 1, 2022]
Acts & Regulations:
Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2022 [Dated November 15, 2022]
Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2022 [Dated November 15, 2022]
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2022 [Dated November 15, 2022]
Legal Updates:
Exchange rate Notification No. 97/2022-Cus (NT) dated 17.11.2022 [No.97(NT)]