Weekly Newsletter - June 21, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Acts & Regulations:
Useful Forms:
Legal Updates:
News Update:
Centre mulls tweaks in NPS to offer assured base pensions to govt employees
Wilful defaulter norms in place since 2007: RBI
How savvy shoppers undermined India's great cash swap
Sebi bans 6 entities from securities markets for violating insider trading norms
Target-based incentives to attract 18% GST: AAR
Compromise settlement provides ways to lenders to recover lost money: RBI
6 years of GST: 88% MSMEs see reduced cost of goods and services, says Deloitte survey
MCA plans to further intensify crackdown on shell companies: Report
SBI MD Swaminathan Janakiraman appointed as RBI's deputy governor
TCS levy: Credit card users may have to declare forex transactions to banks
Sebi bars IIFL Securities from taking new business for 2 years
Centre proposes to keep vehicle insurance premium unchanged for most categories
Govt starts interministerial discussions on the upcoming IBC Amendment Bill
GST Council may vet CBIC's plan for additional validations in return filing
EPR for circular economy in discussion to incentivise recycling: official
SEBI ends permanent Board seats in listed companies
Penal action likely for fake GST bills
CBIC redefining NAC role to make Customs assessment more efficient: Johri
Sebi issues guidelines on product offerings by online bond platforms
Sebi asks bourses, intermediaries to identify money laundering risks from new product development
Sebi notifies disclosure norms; top 100 listed firms to confirm or deny market rumour from Oct 1
Shell cos to fake invoice: How firms trying to evade GST are getting caught
Banks ask RBI to frame policy for silver loans
Wilful defaulters may get loan after five years of compromise settlement
GST Council to meet next in Delhi on July 11
I-T dept sends queries to NRIs about big, unexplained transactions
How Sebi’s 'execution only platforms' for MFs remove regulatory grey area
CAG to explore new audit areas as it adopts end-to-end digital framework
CBIC to assign risk rating to GST applications, taxmen to verify documents
SAT stays IRDAI order transferring Sahara Life business to SBI Life
UK removes countervailing tariff on steel bar, rod imports from India
India pitches for a rating upgrade with Moody's, questions methodology
Accounting Firms Scramble to Push Out AI Acceptable Use Policies
ECB raises rates to 22-year high, in no mood to pause
Reference Section:
Tax rates as per IT Act vis a vis Tax Treaties
Utility for Determining Materiality
Background Material on GST - Volume 1 [Issued by ICAI - April 2023 edition]
Background Material on GST - Volume 2 [Issued by ICAI - April 2023 edition]
Saransh - Last Mile Referencer for Accounting
Measuring Cost of Regulation (CoR) in India [Issued by DPIIT in April 2023]
Checklist on Standards on Auditing
Acts & Regulations:
SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2023 [Published on June 15, 2023]
Useful Forms:
Income Tax Forms: 5 Forms updated
Legal Updates:
Special Courts in Jharkhand for Black Money cases [No.42]
Income Tax Authorities assigned to give effect to the e-Appeals Scheme, 2023 [No.40]
Advisory: Update on Enablement Status for Taxpayers for e-Invoicing’
FAQs on Framework for Compromise Settlements and Technical Write-offs
Circular - Trading Preferences by Clients
Master Circular on Scheme of Arrangement
Master Circular for Investment Advisers
Master Circular for Research Analysts
SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023
'Use and File' Procedure for Life Insurance Products
Insurance claims relating to Cyclone Biparjoy
Repealing of redundant Circulars Guidelines Clarifications
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [No.45(NT)]
Exchange Rate Notification dated 15.06.2023 [No.44(NT)]
Modification of SION E-121 [Public Notice No.16]
