Daily Newsletter - December 20, 2023
Latest additions to CAalley:
News Update:
Exposure Draft:
Legal Updates:
News Update:
Central Goods and Services Tax (Second Amendment) Bill, 2023 passed by Rajya Sabha
Fintech startup EnKash gets RBI nod to operate as payment aggregator
Approval for 19 General insurance cos applications in IRDAI's pipeline
Number of CAG audits on Union govt. tabled in Parliament hits a low in 2023 | Data
Valuation rules for GST on e-gaming platforms effective prospectively: FM
Will review held-up insolvency cases: Government
Are banks making a business out of punishing loan defaulters?
Government mulls two-month asset freeze for bankrupt airlines
Sebi mandates periodic PFMIs assessment for depositories, clearing corps
RBI tightens norms to check evergreening of loans by lenders through AIFs
Unclaimed deposits with banks rise by 28% to Rs 42,270 crore in FY23: Govt
Lok Sabha passes bill to raise age limit of president, members of GSTAT
Banks seek RBI's nod to defer penal interest guideline by 3 months
Govt lashes out at IMF for saying currency intervention excessive
Sebi streamlines regulations for accredited investor registration
I-T dept seized Rs 5,095 crore assets in four years till FY23: Parliament told
Firms advised to prepare for tough enforcement of SEC cyber rules
UK plans to implement carbon tax on imported goods like steel from 2027, a year after EU’s proposals
BoJ keeps negative interest rate unchanged, says watching wage trends
Exposure Draft:
Proposed Consequential provisions for non-compliance with CPE hours requirement on yearly basis from calendar year 2024 onwards
[Last date for comments: January 2, 2024]
Legal Updates:
The Income-tax Amendment (Twenty-Eighth Amendment) Rules, 2023 [Notification No.103]
Card-on-File Tokenisation (CoFT) – Enabling Tokenisation through Card Issuing Banks
Investments in Alternative Investment Funds (AIFs)
Business Continuity for Clearing Corporations through Software as a Service (SaaS) Model
Principles of Financial Market Infrastructures (PFMIs)
Insurance claims relating to Cyclone Michaung and subsequent heavy rains/floods
