Daily Newsletter - December 8, 2023
Latest additions to CAalley:
News Update:
From the ICAI:
Legal Updates:
News Update:
RBI to come up with unified regulatory framework on connected lending
UPI payment limit to hospitals, educational institutes raised to Rs 5 lakh
Four more arrested in connection with ₹10,000 crore GST fraud
RBI allows liquidity reversal for banks on weekends, holidays from Dec 30
No OTP needed for UPI payments up to Rs 1 lakh for credit card bills, MF SIPs
RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%
Casinos Act to go, Maharashtra GST amend on the cards
West Bengal clears bill to impose 28% GST on online gaming, horse racing
'No spectacular announcements' coming up in February 1 budget, says FM Nirmala Sitharaman
RBI revokes the banking licence of UP-based Urban Co-operative Bank
CCI case: Google withdraws appeal against HC order in user choice billing system case
Indian banks ask fintech partners to limit tiny personal loans: Report
Will banks open only for 5 days a week? Here’s what you should know about IBA’s proposal
Ready to relook at some AIF norms if assured of no misuse: Sebi official
SEC approves new PCAOB audit confirmation standards targeting fraud
SEC warns auditors about cash flow statement
IAASB offers audit standard for less complex entities
Accounting Profession Not Just About Closing Books and Issuing Reports, Chief Accountants Say
EU foreign investment scrutiny has blind spots, say auditors
Auditors say accountant shortage ramps up work pressure: CAQ
From the ICAI:
FAQs on applicability of PMLA to Chartered Accountants
Legal Updates:
Amendment in Export Policy of De-Oiled Rice Bran [Notification No.51]
Amendment in Export Policy of Onions [Notification No.49]
Exchange Rate Notification No. 90/2023-Cus (NT) dated 07.12.2023 [Notification No.90(NT)]
