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Daily Newsletter - April 8, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft

Legal Updates:






News Update:

Indian News:

Sebi proposes direct reporting of AIFs' PPM changes to cut compliance cost

After tax searches, FDI questions, BBC hives off newsroom in India as separate company

RBI widens door for foreign participation in green bonds: What this means

Keep taxpayers in the loop before you act: Court to Income Tax dept

AI can drive efficiency, raises mkt concentration concerns: CCI chief Kaur

SEBI directs finfluencer to deposit Rs 12 crore 'unlawful gains'

RBI to offer CBDC-R accessible to non-bank payments system operators

SC transfers to itself 27 pleas challenging 28% GST levy on online gaming


International News:

Deploying AI in accounting poses 12 audit risks: CAQ study

Exposure Draft:

SEBI Draft:

Draft Circular - Relaxation in requirement of intimation of changes in the terms of Private Placement Memorandum of Alternative Investment Funds through Merchant Banker
[Last date for Comments: April 26, 2024] 

Legal Updates:


Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA



IRDAI (Corporate Governance for Insurers) Regulations, 2024

IRDAI (Protection of Policyholder's Interests, operations and allied matters of insurers) Regulations, 2024

IRDAI (Actuarial, Finance and Investment Functions of Insurers) Reg 2024

IRDAI (Insurance Products) Regulations, 2024

IRDAI (Registration, capital structure, transfer of shares and amalgamation of insurers) Regulations, 2024

De-Notification of All Tariffs

IRDAI (Registration and operations of Foreign Reinsurers Branches and Lloyd's India) Regulations, 2024

IRDAI (Bima Sugam- Insurance Electronic Marketplace) Regulations, 2024

IRDAI (Rural, social sector and Motor third party obligations) Regulations, 2024



Exemption for import of High End and High Value used Medical Equipment other than critical care medical equipment Hazardous and Other under Wastes (Management and Transboundary Movement) Second Amendment Rules, 2022 dt 23rd December, 2022 [Instruction No.8]

Seeks to amend No. 64/2023-Customs, dated the 7th december, 2023 in order to allow duty free imports of yellow peas with bill of lading issued on or before 30.06.2024 [Notification No.23]



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