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Daily Newsletter - December 6, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

From the ICAI:

ICAI Publication

Legal Updates:

SEBI

DGFT


  

News Update:

Indian News:

'Sebi, RBI share concern about some credit funds masking bad loans'

CBIC issues 33,000 notices for GST return discrepancies in FY18, FY19

Govt likely to mandate e-invoice for B2C transactions in 2-3 years

Grievances Redressal by Cooperative Societies

Banks write off Rs 10.5 trn in 5 yrs, NPA recovery worth Rs 7.1 trn: FinMin

21,791 fake GST registrations, suspected tax evasion of Rs 24,000 crore detected in special drive: FM

GST appeals pile up as new filings near 3,000 till Oct.

RBI reins in peer-to-peer lending practices after finding rule violations

Is a legal notice sent through WhatsApp, email valid?

Govt to create 'admission benches' in NCLT to expedite CIRP applications

71 show cause notices issued to online gaming firms involving GST: FinMin

Lenders again move RBI on wilful defaulter tag for non-performing accounts

How to find and correct errors on your credit report

What is professional tax: These employees might have to pay it if working from home

SAT raps Sebi for 'lackadaisical approach' in Kirloskar Industries matter

  

International News:

EY's innovative use of AI in detecting audit frauds sparks debate


From the ICAI:

ICAI Publication:

Technical Guide on GST Reconciliation Statement (Form GSTR 9C) [November 2023]


Legal Updates:

SEBI:

SEBI Circulars: Revised framework for computation of Net Distributable Cash Flow by InvITs / REITs

  

DGFT:

Amnesty Scheme - Closure of cases of default in Export Obligation under Advance Authorisation and EPCG Schemes where applications have been filed with PRC/EPCG Committee for relaxation in policy/procedure on grounds of genuine hardship/adverse impact on trade [Trade Notice No.35]


 

 

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