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Daily Newsletter - January 31, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

GST

Exposure Draft:

IESBA Draft

From the ICAI:

ICAI Announcement

Legal Updates:

GST

RBI

DGFT

Customs


  

News Update:

Indian News:

Private sector banks' Casa deposits ratio see sharper drop than PSBs

RBI halts fresh business at Paytm Payments Bank on supervisory concerns

Sebi reviewing small, midcap MFs' stress tests: Report

Why Economic Survey won't be presented on January 31 this year

Sebi to review norms for penalty disclosure

Companies gear up for litigation on GST anti-profiteering clause

CA gets bail in ₹20,000cr PMLA case tied to Vivo

IMF raises India's GDP growth projection for FY25 by 20 bps to 6.5%

New IMPS fund transfer rules coming soon: Here is all you need to know

India ranks 93 out of 180 countries in corruption perceptions index 2023

New NPS partial withdrawal: Everything you need to know about pension rule

Customs to ease export norms for certain dual-use goods, says DGFT

EPS members having multiple account numbers: EPFO rules to know

Budget 2024: Fintech sector wants government to improve KYC and anti-fraud systems

Sebi chief cautions against extending derivative trade hours

Critical sectors may be asked to have a common crisis management plan

To curb misuse, considering segregating prop, retail trades settlement: Sebi chief

 

International News:

IESBA floats stricter ESG reporting standards for review

PwC Reports Jump in Audit Flaws, Following Trend by EY, Deloitte


Acts & Regulations:

GST:

GST Act(s) and Rule(s) - Bare Law
(January, 2024)


Exposure Draft:

IESBA Draft:

Using the Work of an External Expert
[Last date for Comments: April 30, 2024] 


From the ICAI:

ICAI Announcement:

Statement on Continuing Professional Education, 2023
[Updated as on January 30, 2024]


Legal Updates:

GST:

Amendment in Notification No. 02/2017-CT dated 19th June, 2017 [CGST Notification No.5]

 

RBI:

Guidelines on import of gold by Tariff Rate Quota (TRQ) holders under the India-UAE CEPA as notified by–The International Financial Services Centres Authority (IFSCA)

Streamlining of Internal Compliance monitoring function – leveraging use of technology

 

DGFT:

Enlistment of chambers /agencies under Appendix 2E of FTP, 2023 [Public Notice No.38]

 

Customs:

Seeks to amend Notification No. 57/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts/sub-parts of cellular mobile phone [Notification No.9]

Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 [Notification No.8]


 

 

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