Daily Newsletter - April 9, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Legal Updates:

Income Tax

GST

IFSCA

DGFT

News Update:

Indian News:

RBI launches manufacturing cos survey, a key input for policy formulation

CJI seeks timely verdicts, judges opt to give up cases

ESG reporting witnesses increase in global variance

Mismatch in HRA claims: No drive launched to reopen cases, clarifies CBDT

International News:

IRS changes how tax pros receive transcripts

IPEF to organise clean economy investor forum in Singapore in June

FRC fines Grant Thornton £40,000 for pension fund audit

Companies fall short on curbing cybersecurity risks from vendors: Moody’s

FASB Selects 11 Professionals to Sit on Emerging Issues Task Force

Legal Updates:

Income Tax:

CBDT clarification on media reports claiming special drive to reopen cases w.r.t. HRA claims [Press Release]

GST:

Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1

Advisory on Reset and Re-filing of GSTR-3B of some taxpayers

Seeks to provide waiver of interest for specified registered persons for specified tax periods [CGST Notification No.7]

IFSCA:

Ease of doing business - Filing of Schemes or funds under IFSCA (Fund Management) Regulations 2022

The IFSCA Banking Handbook PRU Directions v5.0

The IFSCA Banking Handbook COB Directions v6.0

The IFSCA Banking Handbook GEN Directions v5.0

Amendments and additions/deletions to the IFSCA Banking Handbook

DGFT:

Implementation of Melon Seeds Import Monitoring System (MS-IMS) [Public Notice No.2]

Modification of SION E-124 for export of refined Sunflower Oil (Edible Grade) [Public Notice No.1]