Daily Newsletter - March 6, 2024
Latest additions to CAalley:
News Update:
Legal Updates:
News Update:
MCA notifies Competition Act provision to levy penalty on global turnover
Banks must give customers choice to select credit card network: RBI
Processed pulses to attract 18% GST, says AAR in case involving agri broker
NFRA changes tack, ramps up focus on supervision to boost audit ecosystem: Chairman AB Pandey
30 banks join RBI UDGAM to search for recipients of unclaimed deposits
RBI bars JM Financial Products from financing against shares, debentures
Banks to bring in extra KYC verification layers
How a fake number landed UAE fund in tax soup
RBI clears 'interoperable' net banking payments
FM Sitharaman calls for clarity on GST classification-related issues
I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31
Finance ministry looking to modify income tax rule on payments to MSMEs within 45 days
ICEAW: Audit fees rise by 75% since 2017
PCAOB Sanctions Gries & Associates for Audit Failures, Imposes $65,000 Fine on Firm and Founder
93% of firms use a mix of ESG standards, thwarting uniformity efforts: IFAC
KPMG fined $2 million for 'failures' in M&C Saatchi audit
US: Accounting firm sued over Ponzi scheme
Legal Updates:
Promoting Voluntary Compliance through e-Verification Scheme-2021 [Press Release]
Enforcement of provisions of sections 20, 35 and 40 of the Competition (Amendment) Act, 2023
Arrangements with Card Networks for issue of Credit Cards
Money Transfer Service Scheme - Submission of Statement on CIMS