Daily Newsletter - April 22, 2024
Latest additions to CAalley:
News Update:
From the ICAI:
Legal Updates:
News Update:
PAN misused for HRA fraud? Need to worry
IRDAI removes age limit on health insurance policies
Zomato gets Rs 11.82 crore tax demand notice
In fight against online frauds, banks moot syncing systems with MHA’s cybercrime portal
Iris scan for senior citizens soon? Banks look at options for verifying transactions
EPFO considers higher minimum wage cap 10 years after last hike
Sebi comes out with standard reporting format for AIF PPM audit report
EPFO raises auto withdrawal limit under 68J from Rs 50,000 to Rs 1,00,000
RBI mandates offline payment aggregators to verify KYC for merchants
RBI to banks: Can't charge extra without mention in key fact statement
CBDT signs record deals with businesses to avoid tax disputes
NFRA slaps fine of Rs 4.5 cr on auditors for Reliance Capital audit lapses
Amended India-Mauritius tax treaty protocol yet to be notified: I-T dept
PCAOB finds auditor evaluation deficiencies
Why UK's proposed tax changes will make it less attractive for wealthy NRIs
FASB to Re-Expose Proposal on Interim Disclosure Rules for Public Comment
PCAOB levies record $25M fine on KPMG Netherlands for exam cheating
IFAC highlights key areas for sustainability upskilling
PCAOB crackdown shifting to focus on firms
New IFRS standard aims to improve corporate reporting
PCAOB Proposes Turnover Metrics and Other New Disclosures for Audit Firms
From the ICAI:
Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects
Legal Updates:
Advisory: Extension of Due date of GSTR-1 for the period March 24
Advisory: Extension of GSTR-1 due date to 12th April 2024
Standardization of the Private Placement Memorandum (PPM) Audit Report
Key Facts Statement (KFS) for Loans & Advances
Hedging of Gold Price Risk in Overseas Markets
Exchange Rate Notification No. 30/2024-Cus (NT) dated 18.04.2024 [Notification No.30(NT)]
