CAalley Newsletter dated December 7, 2022
Latest additions to CAalley:
News:
Exposure Drafts:
Acts & Regulations:
Legal Updates:
News:
Banks should not ask for verification at branch level if customer does e-KYC: RBI
RBI restores pre-pandemic trading hours for some money market segments
Companies see gain in CSR, want GST on initiatives removed: Report
Don't create 'fear psychosis' on privacy concerns: RBI governor Shaktikanta Das
RBI allows resident entities to hedge gold price risks at IFSC
RBI to introduce new functionality for UPI payments, allowing multiple debits
RBI says digital currency transactions to stay largely anonymous
Other countries should trust credibility of Indian regulations: RBI Guv Das
Rupee should be allowed to find its level: RBI governor Shaktikanta Das
RBI extends dispensation on HTM bond books till March 2024
GST Council may lower tax on health insurance
Restricted judicial review doesn't mean court will sit back: Supreme Court
Indian judiciary will go paperless soon: Law minister Rijiju
Sebi likely to relax regulatory norms for Centre for PSU disinvestment
SC: Can there be a law to protect privacy when gadgets seized?
RBI to slow repo rate hike to 25-35 bps as inflation cools, slowdown fears loom; growth on MPC radar
Govt clarifies foreign funds can own over 51% stake in IDBI Bank
Cut excise duty on CNG till gas is included in GST: Kirit Parikh panel
Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister
Income Tax Department likely to reopen old cases
ITAT: No Need Of Any ‘Occasion’ For Receipt Of Gift By The Assessee
It’s time to end Budget secrecy, deal final blow to India’s colonial hangover
Banks want investments in FDs up to Rs 5 lakh to be made tax free
PwC Declares a Poaching War on EY
U.S. Watchdog Sanctions KPMG Firms, Audit Professionals
EY ‘to tender for most audits’ post split
FRC‘s new AQIs give greater insight into audit quality
Exposure Drafts:
Exposure Draft on Long-Term Fire Insurance products
[Last date for comments: December 22, 2022]
Exposure Draft on Long-Term Motor Products covering both Motor T P Insurance and Own Damage Insurance
[Last date for comments: December 22, 2022]
Acts & Regulations:
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Amended upto December 5, 2022]
Legal Updates:
Standing Liquidity Facility for Primary Dealers
Liquidity Adjustment Facility - Change in rates
Upload of Motor Third Party data in IIBI’s portal
Extension of timelines for filing of Health Quarterly Returns to the Authority
