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Daily Newsletter - April 5, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Reference Section:

Acts & Regulations

From the ICAI:

ICAI Publication - GST

Useful Forms:

Income Tax eFiling Utilities

MCA eForms

Legal Updates:

Income Tax

IFSCA

DGFT

Customs

Central Excise

  


  

News Update:

Indian News:

RBI turns down request to remove 'small finance' tag from bank name

RBI to release final framework for fintech SROs by April-end: Governor Das

RBI reiterates FX exposure must for rupee exchange derivative transactions

RBI to launch mobile app for investing in gov securities

Govt to broaden e-rupee distribution beyond banks to boost retail use: RBI

RBI to permit investment, trading of Sovereign Green Bonds at Gujarat IFSC

UPI's new feature: Soon, you can deposit cash at ATMs through UPI, says RBI

RBI monetary policy: Why Shaktikanta Das said 'the elephant has gone out for a walk'

Audit fees growth lags corporate expansion in India

RBI defers implementing rules on exchange-traded forex derivatives to May 3

CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 days

How to validate digital signature in e-Aadhaar

 

International News:

Australia: Head of audit at William Buck Victoria pays $20,625 penalty for audit rotation issues

PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules


Reference Section:

Acts & Regulations:

The Delegation of Financial Powers Rules, 2024


From the ICAI:

ICAI Publication - GST:

Compliances of GST in Banking Sector [Revised upto February 2024]


Useful Forms:

Income Tax eFiling Utilities:

Common offline utility for Form 3CA-3CD and 3CB-3CD [Updated as on April 4, 2024]

 

MCA eForms:

Form MSME
Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprise
[Updated as on April 5, 2024]


Legal Updates:

Income Tax:

Corrigendum to Notification No.2 of 2024 dated 31.03.2024

 

IFSCA:

Remote Trading Participants on Stock Exchanges in the IFSC

 

DGFT:

Amendment in Import Policy Condition for Melon Seeds under ITC (HS) Code 1207 70 90 of Chapter-12 of ITC (HS), 2022, Schedule-I (Import Policy) [Notification No.5]

Extension in import period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS), 2022, Schedule –I (Import Policy) [Notification No.4]

Supply of essential commodities to the Republic of Maldives during 2024-25 [Notification No.3]

 

Customs:

Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024 [Notification No.27(NT)]

Seeks to amend Sea Cargo Manifest and Transhipment Regulations 2018 [Notification No.26(NT)]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.25(NT)]

 

Central Excise:

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude [Notification No.11]


 

 

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