CAalley Newsletter dated September 11, 2022
Latest additions to CAalley:
News:
From the ICAI:
Additions to Articles:
Legal Updates:
News:
Man creates 36 fake GST firms, arrested for input tax credit fraud of Rs 23 cr
Mastermind of Chinese shell companies racket arrested while attempting to flee India
Consultations in progress on revising WPI base year to 2017-18: DPIIT secy
Finmin mulls changes in insurance laws, considers easing entry level capital requirement
Bank unions call for forensic audit of UTI AMC's ₹2,000 crore exposure in DHFL
Corporate professionals gearing up for new accounting standards
CBIC issues guidelines for claiming GST transitional credit
India opts out of joining IPEF trade pillar, to wait for final contours
Consumer panels to get tech help for faster delivery of orders
Nirmala Sitharaman orders to crack whip on illegal loan apps
BoI net profit down at Rs 2,221cr for FY22 on divergence in provisioning
Court cannot stop govt from bringing law in Parliament on cryptocurrencies: SC
Blind adoption of new fintech could have an adverse impact: RBI ED
Don't want SC to become 'Tareekh pe Tareekh' court: SC judge Chandrachud
Summons, arrest under GST law cannot be arbitrary
E-way bills at all-time high in August
India imposes 20% export duty on rice
'Secured creditor' in IBC doesn't exclude govt bodies, says SC
Crackdown begins on Indian entities supplying fake directors to Chinese shell companies
SBI dishonours cheque after misreading Kannada numeral; fined Rs 85,000
Adani Group debt data tweaked by CreditSights in toned down note
RBI, finance ministry ask companies and banks to push exports using rupee
Digital lending norms aim to protect customer interest: RBI's Rao
Centre likely to unveil e-comm platform this month
Monetary Policy not the only tool to manage inflation: Sitharaman
‘Clear communication’ from accountants key to avoiding awkward client conversations
UK: Responsible Financial Innovation Act: Proposed Tax And Reporting For Digital Assets
Why EY’s decision to split is actually a protective measure
FASB to consider tweaking lease accounting guidance
ISSB Receives Global Response on Sustainability Disclosures
ECB raises rates by unprecedented 75 bps to tame runaway inflation
New FASB Crypto Accounting Rules Will Tackle Certain Fungible Tokens Deemed ‘Intangible Assets’
From the ICAI:
Withdrawal functionality of 15CB forms at e-filing portal
Corporate Social Responsibility
Legal Updates:
