Daily Newsletter - December 15, 2023
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
Tax row over salary to expats: Chennai tribunal pronounces split verdict
India, US to step up fight against money laundering
56% to shut bank lockers due to rising rentals, KYC requirement: Survey
Irdai proposes limit on surrender charges for non-linked plans
Allow rectification of inadvertent, bonafide errors in GSTR forms, HC tells tax dept
IRDAI release draft for increasing surrender value of non-par products
SAT quashes Sebi penalty against NSE in dark-fibre case
IRDAI aims to move towards RBC model, IFRS by 2025, says chairman
GST rates’ rationalisation back on the table
GST on expat salary: CBIC asks officers not to apply SC order mechanically
No proposal for duty sops on import of electric vehicles: Government
Securities Appellate Tribunal junks Sebi fine against Reliance Industries subsidiary
Arbitration clause in unstamped, insufficiently stamped agreements enforceable: SC
Accommodation with amenities is in the nature of hostel facilities, GST at 12% applies holds AAR
FM moves legislation to set up GST Appellate Tribunals ‘at the earliest’
Bank of England holds rates with warning of 'way to go' on inflation
FASB issues cryptoasset standard
IFAC sees need for internal controls for sustainability
FRC publishes inspection findings for the Tier 2 and 3 audit firms
Exposure Drafts:
IRDAI (Insurance Products) Regulations, 2023
[Last date for Comments: January 3, 2024]
IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024
[Last date for Comments: January 3, 2024]
Legal Updates:
Amendment in Export Policy of Food Supplements containing botanicals [Notification No.53]
Implementation of Yellow Peas Import Monitoring System [Public Notice No.35]
