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Daily Newsletter - January 12, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Legal Updates:

SEBI

DGFT

Customs


  

News Update:

Indian News:

LIC receives another Income Tax demand notice worth Rs 1,370.60 crore

Sebi aims for instant stock settlement in global race for speed

Sebi panel bats for easier listing norms

LIC gets IT demand notices worth Rs 3,529 crore

UPI-PayNow Linkage: Major UPI apps enabled to receive remittances from Singapore; who can use

RBI will not emulate others on regulations; world cannot afford a 'crypto mania': RBI chief

RBI governor Shaktikanta Das warns against ‘algorithm-based’ lending by banks

Invoicing racket to defraud GST busted in Mysuru

Government will take away your shares if dividend from shares have gone unclaimed for 7 consecutive years

Central Board of Indirect Taxes & Customs app to cut litigation time

I-T dept found unaccounted sales of Rs 1,000 cr during raid against Polycab

 

International News:

UK plans new system to tackle small bank failures after SVB collapse

US SEC approves bitcoin ETFs in watershed for crypto market


Exposure Draft:

SEBI Draft:

Consultation Paper on Interim Recommendations of the Expert Committee for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations
[Last date for Comments: February 1, 2024] 
  


Legal Updates:

SEBI:

Ease of doing business - Changes in reporting

Ease of Doing Investments by Investors- Facility of voluntary freezing/ blocking of Trading Accounts by Clients

Foreign investment in Alternative Investment Funds (AIFs)

 

DGFT:

Extension of Validity of Pre-Shipment Inspection Agencies (PSIAs) [Public Notice No.37]

 

Customs:

Requirement of quality control or inspection or both, prior to export as per Milk and Milk Products (Quality Control, Inspection & Monitoring) Rules, 2020 [Instruction No.1]


 

 

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