Daily Newsletter - February 28, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Useful Forms:
Acts & Regulations:
Legal Updates:
News Update:
India's rank remains unchanged at 42 in International IP index 2024
Bengaluru tax payers are giving us buoyancy: FM Nirmala Sitharaman
Sebi mulls relaxing enhanced disclosure framework for certain FPIs
Trusts fear new tax to shrink coffers, hurt charity work
RBI consolidates reporting norms for REs, eases compliance burden
CCI proposes changes in confidentiality regime for efficient proceedings
Corporate affairs ministry probing Chinese cos linked to mobile loan apps
Sebi asks small, mid-cap funds to disclose more information about risks
Finmin, RBI to look at ownership change in fintech cos for compliance
Banks branch out as deposits hard to come by on apps
MCA to refer larger unlisted firms governance framework matter to CLC next month
CBDT identifies mismatches in ITRs, dividend income info from third party
RBI imposes ₹2 crore penalty on SBI; also fines Canara Bank, City Union Bank
PCAOB Looks to Ban Audit Firms From Misrepresenting Their Registration Status
PCAOB reconsidering auditors’ role in noncompliance reporting
Exposure Drafts:
Draft Disclosure framework on Climate-related Financial Risks, 2024
[Last date for Comments: April 30, 2024]
Consultation paper on proposals to improve ease of doing business with respect to the additional disclosure framework for FPIs
[Last date for Comments: March 8, 2024]
Useful Forms:
The following MCA eForms have been updated as on February 27, 2024:
Form 21A
Form 23AC
Form 23ACA
Form INC 22A
Form ADT 1
Form MGT 6
All MCA eForms are available at here
Acts & Regulations:
Master Direction – Reserve Bank of India (Filing of Supervisory Returns) Directions - 2024
Legal Updates:
Implementation of e-Verification Scheme-2021 [Press Release]
Capital Adequacy Guidelines – Review of Trading Book
