CAalley Newsletter dated April 12, 2023
Latest additions to CAalley:
News Update:
Acts & Regulations:
Exposure Draft:
Legal Updates:
News Update:
Competition law amendment bill gets President's assent
Sebi imposes fine worth ₹15 lakh on 3 individuals for non-genuine trades
SC axes judge for giving verdicts without dictating full judgments
Irdai chief urges insurers to increase their capital for faster growth
Cyprus-based betting website under scanner for GST evasion
RBI issues framework for acceptance of green deposits by banks, NBFCs
Search and seizure action by Income Tax Department in Karnataka
India cenbank puts in place framework for acceptance of green deposits
Exchanges to set common equilibrium price for listing day post IPO: SEBI
I-T dept notifies Cost Inflation Index for current fiscal
Tax heat on offshore online gaming companies
RBI simplifies CIC application form, prunes list of documents required
RoCs set to crack the whip on company law violators
EY calls off plan to split audit, consulting units as talks fail
IASB confirms temporary relief from deferred tax accounting following OECD Pillar Two tax reform
Auditors Didn’t Flag Risks Building Up in Banks
Acts & Regulations:
Master Circular - Housing Finance for UCBs
Exposure Draft:
Draft Circular on Fair Lending Practice - Penal Charges in Loan Accounts
[Last date for Comments: May 15, 2023]
Legal Updates:
Cost of Inflation Index for FY 2023-24 notified [No.21]
Guidelines with respect to excusing or excluding an investor from an investment of AIF
Authorised Dealers Category-II - Online submission of Form A2
Framework for acceptance of Green Deposits
Extension of Validity of ANFs and Appendices issued under FTP (2015-20) [Public Notice No.5]
Online filing of AEO-LO application [Circular No.10]
Customs (Waiver of Interest) Second Order, 2023 [Order No.2]