Daily Newsletter - May 19, 2023
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
GST E-invoicing: A new era of efficiency and accountability in Indian taxation
No TCS on overseas payment via international credit, debit cards upto Rs. 7 lakhs: FinMin
RBI may cancel licence of asset reconstruction companies after I-T report
RBI planning strict rules for firms offering payments via PoS machines
SEBI proposes changes in mutual funds' Total Expense Ratio to curb mis-selling
SEBI proposes new framework for AIFs to strengthen corporate governance rules
SEBI probe into Adani drew a blank: Supreme Court-appointed panel
Cracking the whip: Stricter rules against suspicious trading on cards
Reserve Bank of India to withdraw Rs 2,000 currency notes from circulation
Paytm partners with SBI Card, NPCI to launch co-branded RuPay credit cards
FinMin applies amnesty scheme for traders failing to meet export obligation
Travelling abroad? Limit personal expenses to $250K on intnl credit cards
Your credit card payments overseas will attract a 20% TCS from July 1
DPIIT takes up startup taxation issue with finance ministry: Secretary
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
IFAC issues anti-corruption tool for accountancy organisations
Angry lawmakers accuse Fed of inaction in insider trading investigation
PCAOB Moves Project on Audit Quality Indicators to Standard-Setting Agenda
Exposure Drafts:
Consultation Paper on Review of Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of Mutual Funds to facilitate greater transparency and accrual of benefits of economies of scale to investors
[Last date for Comments: June 1, 2023]
Consultation paper on streamlining regulatory framework for registration of Foreign Venture Capital Investors (FVCIs)
[Last date for Comments: May 31, 2023]
Consultation paper on proposed amendment to SEBI (Alternative Investment Funds) Regulations, 2012 to strengthen governance mechanisms of Alternative Investment Funds (AIFs)
[Last date for Comments: May 31, 2023]
Consultation paper on draft SEBI (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023
[Last date for Comments: June 2, 2023]
Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information (UPSI) under SEBI (Prohibition of Insider Trading) Regulations, 2015 to bring greater clarity and uniformity of compliance in the ecosystem
[Last date for Comments: June 2, 2023]
Legal Updates:
Mahila Samman Savings Certificate, 2023 notified [No.27]
Risk disclosure with respect to trading by individual traders in Equity Futures & Options Segment
Exchange rate Notification No. 36/2023-Cus (NT) dated 18.05.2023 [No.36(NT)]
Corrigendum to notification No. 35/2023-Customs dated 29.04.2023
