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CAalley Newsletter dated November 4, 2022

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Latest additions to CAalley:

News:

Indian News

International News

Legal Updates:

Income Tax

RBI

Customs


  

News:

Indian News:

How IBBI's tighter compliance rules for resolution professionals will help

Chartered accountants are big gainers in the volatile cryptocurrency market

Online gaming fraud cases: ED probing transactions worth about ₹4,000 crore

India unlikely to offer tax sops for first sovereign green bond issue - source

Govt strengthens role of resolution professionals

As scammers find a new way to understand, what is ‘wash trading’ in NFTs

Why does the RBI have to write a letter to govt over inflation?

New ITR form seeks more data, need to relearn e-filing: Experts

Bankers take to streets with megaphones, enlist grocers to lure customers

Tax authorities want IT professionals to declare income from 'moonlighting'

NHAI now accepts electronic bank guarantees, aims to adopt digital tech

  

International News:

US Accounting Standards Board Member Supports Reporting Crypto Swings as Income

Corporate reporting quality maintained but improvement needed

PCAOB May Face Long Odds Completing Audit Quality Indicators Project

Bank of England makes biggest interest rate hike in 30 years

Fed delivers big rate hike, signals possible smaller increases ahead


Legal Updates:

Income Tax:

Explanatory Notes to the provisions of the Finance Act, 2022​ [Circular No. 23]

  

RBI:

Eligibility Criteria for offering Internet Banking Facility by Regional Rural Banks, 2022

  

Customs:

Faceless Assessment - Anonymized Escalation Mechanism & extension of Standard Examination Orders through RMS (Phase 1, Part 2) [Circular No.23]

Exchange rate Notification No. 92/2022-Cus (NT) dated 03.11.2022 [No.92(NT)]

  

 

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