CAalley Newsletter dated February 10, 2023
Latest additions to CAalley:
News:
Indian Exposure Drafts:
International Exposure Drafts:
From the ICAI:
Legal Updates:
News Update:
Unbranded namkeen products to attract 12% GST, not 5%, rules Gujarat AAR
No updated tax returns after facing searches by I-T department
Over 10,000 e-gamers get I-T notices
GST Council will decide on cement tax rate after expert study, says CBIC
New tax regime sops may cut donations
Govt asks blocked lending apps to submit documents proving legality
No rationalisation of GST structure for now: Revenue Secretary
Sebi eyes new rules for listed bonds
FM Nirmala Sitharaman urges IMF to develop globally coordinated approach to crypto asset regulations
RBI to frame guidelines on penal charges for default in loan servicing
Reserve Bank announces guidelines on climate risk, sustainable finance
Govt asks Irdai, insurance firms to address issues to reduce pending cases
India’s audits are increasingly focusing on cyber security: CAG
Auditing of local bodies key as India aims to touch $5 trn economy: CAG
KPMG Canada falls short in audit inspection report from US audit watchdog
Indian Exposure Drafts:
Settlement of Contractual Disputes
Last date for Comments: March 8, 2023]
Consultation Paper on Review of Role and Obligations of Mutual Fund Trustees
Last date for Comments: February 24, 2023]
International Exposure Drafts:
Additional Proposal for Implementation Guidance Update—2023
Last date for Comments: March 10, 2023]
Future financial services regulatory regime for cryptoassets - Consultation and call for evidence
Last date for Comments: April 30, 2023 to be sent to
A Primer on the Concept of Social Stock Exchange
Legal Updates:
Issuance of PPIs to Foreign Nationals / Non-Resident Indians (NRIs) visiting India
Re-assignment of 185 Appeal cases pending in Thiruvananthapuram zone [Order No.1]
