Weekly Newsletter - November 29, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Useful Forms:
Exposure Drafts:
FAQs:
International Content:
Legal Updates:
News Update:
Corporate debt servicing improves despite higher interest cost
What are whaling attacks? Methods and security tips you should be aware of
Sebi proposes changes in Special Situation Funds to facilitate acquisition of stressed assets
Not for everyday transactions, but cash still store of value: RBI report
GST regime is moving from uncertainty to certainty: FM
Hotels push for GST parity with standalone restaurants
Income Tax department offers 'Discard return' option: When you can use it
RBI in discussions with US, Hong Kong, Swift on digital bank payments
You can now register claim complaints of Rs 50 lakh with insurance ombudsman
Sebi unveils new framework for fractional ownership of real estate
We will look into it if disclosures on IPO valuation are meaningless, says Sebi chief
LIC exploring possibility of setting up fintech arm: Chairman
Sebi eases rules to aid small NGOs raise funds
Sebi clears decks for smaller REITs, postpones new delisting rules for further study
Government looks to expand NCLT, may add up to 100 members
MAN Industries case: NFRA imposes 5-year ban on auditor for lapses
Madras High Court sets aside govt's IGST refund denial order for Lenovo
Be harsh when you see serious fudging, NFRA tells auditors
Indian markets regulator proposes to ease select insider trading provisions
RBI supersedes Abhyudaya Co-operative bank board, appoints administrator
RBI slaps penalties totalling Rs 10.34 cr on Citibank, BoB, and IOB
RBI sees 'dark patterns' in mis-selling of digital loans
RBI’s list of 75 unauthorized forex trading platforms; How to check authorised list
RBI seeks ways to make digital currency payments easy as cash
SEBI sounds alarm on crowding of IPOs
Need SEBI-like regulatory model for artificial intelligence: Sanjiv Sanyal
NCLAT admits SBI plea against Lavasa Resolution
Go First lenders to vote on liquidation amid lack of suitors: Report
Banks focusing on client acquisition, less on grievance redress: RBI's Rao
Securitisation in personal loan segment may see temporary pause: ICRA
HC questions order issued by GST authorities to cancel firm's registration
Surat: Two arrested for GST fraud
GST notice of ₹400 crore sent to Zomato, ₹350 crore to Swiggy: Report
Govt registers 1 crore GST-exempted informal micro enterprises for access to priority sector loans
89% individuals say income tax refund faster now, finds CII survey
Australia: ASIC hopes threat of criminal sanction enough to force good audits
FASB issues new segment reporting guidance
Rethinking ethics management after PwC junior auditors fined
Australia: ‘7 out of 10 internal auditors shun professional bodies’
Reference Section:
Useful Forms:
New / Updated Income Tax Forms
Updated as on November 23, 2023
Updated as on November 23, 2023
Exposure Drafts:
Consultation Paper on changes in the regulatory framework for Special Situation Funds, a sub-category of Category I Alternative Investment Funds, necessary to facilitate Special Situation Funds to acquire stressed loans in terms of Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021
[Last date for Comments: December 27, 2023]
Consultation paper on providing flexibility in provisions relating to ‘Trading Plans’ under the SEBI (Prohibition of Insider Trading) Regulations, 2015
[Last date for Comments: December 15, 2023]
FAQs:
International Content:
Business Combinations — Joint Venture Formations (Subtopic 805-60)
Recognition and Initial Measurement
[August 2023]
Legal Updates:
Discontinuation of filing of certain returns by Insurers and Insurance Brokers
Imposition of Minimum Export Price on export of Onions [Notification No.45]
