Weekly Newsletter - April 9, 2024
Latest additions to CAalley:
News Update:
Exposure Draft:
Reference Section:
From the ICAI:
Useful Forms:
Legal Updates:
News Update:
RBI launches manufacturing cos survey, a key input for policy formulation
CJI seeks timely verdicts, judges opt to give up cases
ESG reporting witnesses increase in global variance
Mismatch in HRA claims: No drive launched to reopen cases, clarifies CBDT
Sebi proposes direct reporting of AIFs' PPM changes to cut compliance cost
After tax searches, FDI questions, BBC hives off newsroom in India as separate company
RBI widens door for foreign participation in green bonds: What this means
Keep taxpayers in the loop before you act: Court to Income Tax dept
AI can drive efficiency, raises mkt concentration concerns: CCI chief Kaur
SEBI directs finfluencer to deposit Rs 12 crore 'unlawful gains'
RBI to offer CBDC-R accessible to non-bank payments system operators
SC transfers to itself 27 pleas challenging 28% GST levy on online gaming
RBI turns down request to remove 'small finance' tag from bank name
RBI to release final framework for fintech SROs by April-end: Governor Das
RBI reiterates FX exposure must for rupee exchange derivative transactions
RBI to launch mobile app for investing in gov securities
Govt to broaden e-rupee distribution beyond banks to boost retail use: RBI
RBI to permit investment, trading of Sovereign Green Bonds at Gujarat IFSC
UPI's new feature: Soon, you can deposit cash at ATMs through UPI, says RBI
RBI monetary policy: Why Shaktikanta Das said 'the elephant has gone out for a walk'
Audit fees growth lags corporate expansion in India
RBI defers implementing rules on exchange-traded forex derivatives to May 3
CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 days
How to validate digital signature in e-Aadhaar
IRS changes how tax pros receive transcripts
IPEF to organise clean economy investor forum in Singapore in June
FRC fines Grant Thornton £40,000 for pension fund audit
Companies fall short on curbing cybersecurity risks from vendors: Moody’s
FASB Selects 11 Professionals to Sit on Emerging Issues Task Force
Deploying AI in accounting poses 12 audit risks: CAQ study
Australia: Head of audit at William Buck Victoria pays $20,625 penalty for audit rotation issues
PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules
Exposure Draft:
Draft Circular - Relaxation in requirement of intimation of changes in the terms of Private Placement Memorandum of Alternative Investment Funds through Merchant Banker
[Last date for Comments: April 26, 2024]
Reference Section:
The Delegation of Financial Powers Rules, 2024
From the ICAI:
Compliances of GST in Banking Sector [Revised upto February 2024]
Useful Forms:
Common offline utility for Form 3CA-3CD and 3CB-3CD [Updated as on April 4, 2024]
Form MSME
Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprise [Updated as on April 5, 2024]
Legal Updates:
Corrigendum to Notification No.2 of 2024 dated 31.03.2024
Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1
Advisory on Reset and Re-filing of GSTR-3B of some taxpayers
Ease of doing business - Filing of Schemes or funds under IFSCA (Fund Management) Regulations 2022
The IFSCA Banking Handbook PRU Directions v5.0
The IFSCA Banking Handbook COB Directions v6.0
The IFSCA Banking Handbook GEN Directions v5.0
Amendments and additions/deletions to the IFSCA Banking Handbook
Remote Trading Participants on Stock Exchanges in the IFSC
IRDAI (Corporate Governance for Insurers) Regulations, 2024
IRDAI (Actuarial, Finance and Investment Functions of Insurers) Reg 2024
IRDAI (Insurance Products) Regulations, 2024
De-Notification of All Tariffs
IRDAI (Bima Sugam- Insurance Electronic Marketplace) Regulations, 2024
IRDAI (Rural, social sector and Motor third party obligations) Regulations, 2024
Implementation of Melon Seeds Import Monitoring System (MS-IMS) [Public Notice No.2]
Modification of SION E-124 for export of refined Sunflower Oil (Edible Grade) [Public Notice No.1]
Supply of essential commodities to the Republic of Maldives during 2024-25 [Notification No.3]
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024 [Notification No.27(NT)]
Seeks to amend Sea Cargo Manifest and Transhipment Regulations 2018 [Notification No.26(NT)]
