Daily Newsletter - December 29, 2023
Latest additions to CAalley:
News Update:
Acts & Regulations:
Exposure Drafts:
From the ICAI:
Legal Updates:
News Update:
Indian and Hong Kong Customs bust Trade-Based Money Laundering network, 4 held
Not mandatory for banks, NBFCs to raise green funds: RBI FAQs
Brokers target March-end timeline for offering UPI block facility
RBI extends Payments Infrastructure Development Fund scheme till 2025
Large international banks ask many Indian HNIs to close accounts
SEBI panel proposes price move as defining criteria for rumour verification
Final ONDC seller to be liable for TCS, CBDT clarifies
FinMin sends notices to offshore crypto exchanges, asks Meity to block them
Govt extends deadlines for GST officers to issue demand notices for FY'19, FY'20
RBI tweaks D-SIB designation methodology, inserts digital payments aspect
More than 196,000 cos, LLPs incorporated till Nov this year: Govt
Sebi tweaks norms for online bond platform providers to boost ease of biz
The Rs 402 crore GST notice that sent Zomato’s shares tumbling
Govt extends RoDTEP benefits to e-commerce exports through post or couriers
SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI
I-T dept leverages tech to scrutinise tax returns, recovers Rs 36,000 cr
CCI clears IndusInd International Holdings Ltd-Reliance Capital deal
RBI implements govt securities lending directions with immediate effect
Acts & Regulations:
Master Circular for Online Resolution of Disputes in the Indian Securities Market
Exposure Draft:
Draft Directions on Bond Forwards under Section 45W of the RBI Act, 1934
[Last date for Comments: January 25, 2024]
Consultation Paper on Amendments to SEBI Regulations with respect to Verification of Market Rumours
[Last date for Comments: January 18, 2024]
From the ICAI:
Legal Updates:
Guidelines u/s 194-O(4) of the Income-tax Act 1961 - TDS by e-commerce operator [Circular No.20]
Advisory: Date extension for reporting opening balance for ITC reversal
Payments Infrastructure Development Fund – Extension of Scheme and Enhancements
Minimum Holding Period Exemption for Transfer of Receivables
Reserve Bank of India (Financial Benchmark Administrators) Directions, 2023
Settlement of Running Account of Client’s Funds lying with Trading Member (TM)
Framework on Social Stock Exchange
