CAalley Newsletter dated April 7, 2023
Latest additions to CAalley:
News Update:
From the ICAI:
Legal Updates:
News Update:
AAR: Lower 12% GST for services linked to flat construction
Customs waives demurrage, interest as technical glitch leads to clearance delays
Sebi asks investment advisers to display info prominently in advertisements
Sebi clarifies on shareholders' approval for directors appointment on listed PSUs boards
Centre notifies committee on pension schemes for govt employees
GSTN performance improved steadily over time: Report
EY India services to firm's overseas entities not liable to tax, rules Delhi High Court
Residency proof enough for Mauritius treaty benefit: HC
RBI allows rupee non-deliverable forex derivative contracts to residents
Your PPF, NSC, other post office investments will be frozen if Aadhaar is not given by this date
Finance minister Sitharaman defends imposing fine for not linking PAN with Aadhaar
‘Faceless’ income-tax asks Madhya Pradesh youth to pay Rs 113 crore as tax
RBI proposes expanding UPI digital payments system to allow credit
RBI to set up portal to search across multiple banks for unclaimed deposits
No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022
Credit Information firms to compensate for delayed updations: RBI
Employers must seek employees preferred tax regime for deducting TDS: CBDT
Sebi issues code for ads to rein in 'finfluencers'
RBI should prioritise inflation over growth, say FinMin officials
Banks Face Tough Accounting Questions as Second Quarter Dawns
Int'l banking system is headed for more trouble, says Raghuram Rajan
FASB chooses single software accounting model
From the ICAI:
Technical Guide on Disclosure and Reporting of Key Performance Indicators (KPIs) in Offer Documents
Legal Updates:
Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA)
Exchange rate Notification No. 26/2023-Cus (NT) dated 06.04.2023 [No.26(NT)]
Seeks to extend levy of ADD on Fishing Net originating in or exported from China PR [No.3(ADD)]
Customs (Waiver of Interest) Order, 2023 [Order No.1]
Streamlining of Halal Certification Process for Meat and Meat Products [No.3]
Issuance of EODC for AA and EPCG process from DGFT portal [No.1]