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Daily Newsletter - February 16, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

From the ICAI:

Guidance Note

Legal Updates:

MCA

IBBI

IFSC

RBI

DGFT

Customs

Central Excise


  

News Update:

Indian News:

IBBI amends the Insolvency Resolution Process for Corporate Persons Regulations

The Finance Act, 2024

Paytm Payments Bank crisis: RBI releases FAQs for customers

MCA operationalises CPC for Centralised Processing of Corporate Filings

DGGI Summons 10 Foreign Airlines Operating In India Over Alleged GST Evasion

RBI extends Paytm Payments Bank restriction deadline to March 15

Money laundering suspected: More payment banks under scanner

Why did the Supreme Court strike down the Electoral Bonds Scheme?

No TDS on minimum guarantee paid by OYO Rooms to hotels: ITAT

Centre extends 'public utility' deadline for iron and steel industries

Central banks of India, Nepal sign agreement to link UPI-NPI, says RBI

Sebi considering mandatory registration of PMS distributors with APMI

Sebi asks companies for accurate details on end use of IPO funds

Income Tax department issues notices to taxpayers for donations to unrecognized political parties

RBI asks card networks to halt card-based business payments on KYC, fund-use concerns

Irdai draft guidelines to safeguard insurance policyholder interests: 5 major changes proposed

IFSCA to set up int'l arbitration centre at IFSC for dispute resolution

Life insurers ask Irdai to charge surrender value on accumulated premia

 

International News:

IESBA proposes ethics changes for sustainability


Exposure Draft:

SEBI Draft:

Consultation Paper on Ease of Doing Business Initiatives for Portfolio Managers
[Last date for Comments: March 7, 2024] 


From the ICAI:

Guidance Note:

Guidance Note on Audit of Banks
(2024 Edition)


Legal Updates:

MCA:

The Companies (Registration Offices and Fees) Amendment Rules, 2024

 

IBBI:

The IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024

 

IFSC:

Maintenance of net worth by Fund Management Entity

 

RBI:

Exclusion of “Rupee Co-operative Bank Limited” from the Second Schedule to the Reserve Bank of India Act, 1934

 

DGFT:

Clarification regarding Notification No. 60 dated 13.02.2024 [Trade Notice No.38]

Amendment in Para 2.51 of Handbook of Procedures, 2023 [Public Notice No.43]

Import of Muskmelon Seeds under ITC(HS) 12077090 of ITC (HS) 2022 for the period up to 31.08.2024 [Public Notice No.42]

 

Customs:

Arrest Report and Incident Report (where arrest not made) – revised guidelines and formats [Instruction No.2]

Exchange Rate Notification No. 13/2024-Cus (NT) dated 15.02.2024 [Notification No.13(NT)]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.12(NT)]

 

Central Excise:

Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022, to increase the Special Additional Excise Duty on export of Diesel [No.7]

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude [No.6]


 

 

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