Weekly Newsletter - September 11, 2024
Latest additions to CAalley:
News Update:
Exposure Draft:
Reference Section:
From the ICAI:
International Content:
Master Circular:
Useful Forms:
Legal Updates:
News Update:
Lawyers in Jharkhand to get Rs 5 lakh medical insurance
Tax on EPF withdrawals: Know what rules say about deduction, exemption
Govt backs disclosures for credit card, e-transactions
Digital cos with 10% India users need CCI nod for mergers & acquisitions
RBI slaps penalties on Axis, HDFC Bank for non-compliance with directives
GST tweak on commercial rentals to bring higher revenue for govt: Experts
M&A deal value of over Rs 2,000 crore comes under Competition Act
GST council's nod on exempting research grants victory for nation: Atishi
Sebi lifts restrictions on 16 entities in Infosys insider trading case
India fine tuning FTAs with countries to suit domestic industry: Prasada
Recommendations during 54th meeting of the GST Council [Press Release]
Tax on helicopter services for religious travel down at 5%: Uttarakhand FM
Tax terrorism? A storm brewing in India’s academic circles can't be taken for granted
Sebi is set to relax entry rules for financial planners. Can you rely on your financial adviser?
ICAI sets up 16-member group on SA600 changes
FM Sitharaman-led GST Council meet begins; Here are the key expectations
Payments companies BillDesk, CCAvenue handed GST bill for transactions below Rs 2,000
Proof of land: Indian exporters have a new headache
Income tax refund delayed? These taxpayers won’t get refund unless they confirm it on ITR portal
Sebi to tighten derivative rules to increase barriers despite pushback
Irdai halves time to settle death claims by insurers
Irdai asks insurance companies to integrate IT systems with Digilocker
Many states wary of lower GST on health, life covers
Piyush Goyal for border adjustment tax to safeguard steel industry
FM Sitharaman denies 'friction' in Centre-State ties over GST reform
Withdraw your pension from any bank in India from Jan 1: Here's how
New rules for Small Savings Schemes: PPF to SSY changes effective Oct 1
ISA 600 dispute: NFRA, ICAI can find common ground, says official
Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
US audit firms ordered to bring in outsiders to oversee quality
SEC approves PCAOB quality control standard
Deloitte brings back face-to-face UK graduate interviews
Deepfake scams escalate, hitting 53% of businesses
66% of internal audit teams say capabilities don’t align with priorities due to skills gap
SEC fines credit rating firms $49M for record-keeping flaws
FASB Urged to Strengthen Disclosure Rules for Banks’ Credit Risk Transfers
Exposure Draft:
Proposed IFRS Taxonomy Update
IFRS Accounting Taxonomy 2024 — Update 3
IFRS 19 Subsidiaries without Public Accountability: Disclosures, Amendments to the Classification and Measurement of Financial Instruments and Annual Improvements
[Last date for Comments: October 28, 2024]
Reference Section:
Accounting Standards: Quick Referencer
[as on February 1, 2024]
From the ICAI:
Technical Guide on Appeal before CIT(A) - Parts I & II
Company Law Technical Guide:
Technical Guide on Disclosure and Reporting of Key Performance Indicators (KPIs) in Offer Documents
More FAQs issued by ICAI have been added in ICAI FAQs page
International Content:
Master Circular:
Master Circular on Protection of Policyholders' interests 2024
Useful Forms:
eFiling Utility and Schema for Form 10B has been updated
Legal Updates:
IEPF Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2024
Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024
The CCI (Combinations) Regulations, 2024
The Competition (Criteria for Exemption of Combinations) Rules, 2024
The Competition (Criteria of Combination) Rules, 2024
The Competition (Minimum Value of Assets or Turnover) Rules, 2024
Commencement notification for specified sections under Competition (Amendment) Act, 2023
Listing of Debt Securities on the recognised stock exchanges in the IFSC
Maintenance of Net Worth by Capital Market Intermediaries
Circular on Insurance claims relating to floods in Telangana and Andhra Pradesh
Seeks to rescind Notification No. 26/2011-Customs, dated 01.03.2011 [Notification No.42]
Appointment of Common Adjudicating Authority i.r.o. M/s Zenlayer Inc [Notification No.58(NT)]
