Weekly Newsletter - July 24, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Useful Forms:
Acts & Regulations:
Legal Updates:
News Update:
SEBI study finds that 7 out of 10 individual intraday traders in equity cash segment make losses
Sebi ready with speed gun on IPO Street
July 24: Celebrating Income Tax Day 2024: A Journey of Transformation
Economic Survey primer: Here are short notes on key economic policy issues
Threshold-based relief for MSMEs must have sunset clauses: Economic Survey
Eco survey advocates traditional climate plan and 3Rs for net-zero target
Economic Survey: DPI brings down KYC costs to Rs 6 from about Rs 1,000
ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department
Economic Survey highlights AI's potential and challenges to future of work in India
Economic Survey says need for 'viable, cost-effective' housing in India
Cashless travel made easy: UPI One World available to all foreign tourists
Third-party dependency in digital lending has risks: RBI dy governor
AI has arrived; harnessing it in a big way in public auditing space, says CAG Murmu
PMS & AIFs could lose investors to new asset class: Experts
Kerala HC directive to complete selection process for GST Tribunal in four months
CBDT extends tax relief for SWFs, pension funds to March 31, 2025
No plans to allow business houses to promote banks: RBI Governor Das
EY-Assocham report advocates raising e-commerce export ceiling to $50,000
Biggest Indian crypto exchange WazirX hacked, $230 million funds stolen funds
Disclose details of all payments, dues to MSMEs: Govt tells cos
CBIC exempts these businesses from filing GSTR-9 annual return for FY 2023-24
These 10 transactions will be reported as fraud to RBI, as per new rules
Big GST relief in budget 2024: No need to pay interest and penalty for these GST notices
Soon, unique nos for plots: Bhu-Aadhaar
Budget 2024: Wait for tax refund may irk you more
Budget 2024: These cancer medicines get custom duty exemption – What does this exactly means
No more reopening, re-assessment of old ITR beyond 3 years if escaped income is below Rs 50 lakh
FM announces EPFO-Linked schemes: Boost jobs & reward first-timers employee
Budget 2024: Loan up to Rs 10 lakh for students' higher education, says FM
Govt proposes to set up e-commerce hubs to promote exports in PPP mode
Budget 2024: FM announces Rs 1,000 crore fund to back spacetech startups
Budget 2024: From solar to thermal power, Sitharaman announces many measures for energy sector
Budget 2024: FM Sitharaman reduces fiscal deficit for FY25 to 4.9% of GDP
India Budget 2024: Government to roll out next phase of rural road scheme
FM proposes easier credit access for MSMEs, doubles Mudra loan limit
Budget 2024: Sitharaman proposes to slash import tax on gold, silver to 6% to curtail smuggling
NRI to pay higher TDS on these capital gains on assets such as listed equities
Budget 2024: Securities transaction tax (STT) on F&O hiked to 0.02% and 0.1%
TCS paid on foreign remittances, purchase of car can be used to lower TDS on salary
Budget 2024 abolishes angel tax on startups for all classes of investors
What FM gave and took away from you in Budget 2024 impacting your money and taxes
Budget 2024: Standard deduction limit in new tax regime raised to Rs 75,000
Union Budget 2024: Here are the key highlights from FM Sitharaman's speech
Budget 2024: Budget Highlights (Key Features)
Budget 2024: Key to Budget Documents, 2024
Budget 2024: Memorandum Explaining the Provisions in the Financial Bill
Budget 2024: Budget at a Glance
How Auditors Are Currently Using Generative AI
FASB Aims to Improve Derivative Accounting
Exposure Drafts:
Consultation Paper on Proposed Legal Provisions for Summary Proceedings
[Last date for Comments: August 6, 2024]
Consultation paper on Introduction of New Asset Class/ Product Category
[Last date for Comments: August 6, 2024]
Useful Forms:
The following ITR eFiling Utilities have been updated:
Acts & Regulations:
All RBI Master Directions have been uploaded
Legal Updates:
Extension to exemption u/s 10(23FE) [No.65]
Extension to exemption u/s 10(23FE) [No.64]
Extension to exemption u/s 10(23FE) [No.63]
Extension to exemption u/s 10(23FE) [No.62]
Extension to exemption u/s 10(23FE) [No.61]
Extension to exemption u/s 10(23FE) [No.60]
Extension to exemption u/s 10(23FE) [No.59]
Extension to exemption u/s 10(23FE) [No.58]
Extension to exemption u/s 10(23FE) [No.57]
Extension to exemption u/s 10(23FE) [No.56]
Extension to exemption u/s 10(23FE) [No.55]
Extension to exemption u/s 10(23FE) [No.54]
The Companies (Appointment and Qualification of Directors) Amendment Rules, 2024
The Nidhi (Amendment) Rules, 2024
Report of the Expert Committee on Development of Pension Products at GIFT IFSC
Report on Transition Finance by the Expert Committee on Climate Finance
Domestic Money Transfer – Review of Framework
SEBI (AIF) (Third Amendment) Regulations, 2024
Enabling ESG Rating Providers (ERPs) to undertake ESG rating activities under IFSCA
Enabling Credit Rating Agencies (CRAs) to undertake rating activities under IFSCA
Repealing of Circular IRDA/INT/CIR/Comm/139/08/2018 dated 29/08/2018
Amendment in Para 4.49 (b) of the Handbook of Procedures, 2023 [Public Notice No.14]
Provisional attachment of bank account(s) - Section 110 (5) of Customs Act, 1962 [Instruction No.19]