Daily Newsletter - May 24, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Exposure Draft:
Legal Updates:
News Update:
ED raids foreign-registered online gaming portals; says Rs 4,000cr funds sent abroad illegally
Forceful seizure of vehicles by recovery agents is illegal: Patna high court
Banks, lenders wary as RBI tags centralised KYC as high risk
Traders condemn GST Department's verification drive
Changes to angel tax will provide relief to small businesses, startups: Experts
TDS rules: Online gaming bonus, incentives taxable if withdrawn, says CBDT
UK companies watchdog proposes tougher disclosures on internal controls
FRC minimum standard for audit committees ‘a step in the right direction’
IASB amends tax accounting requirements to help companies respond to international tax reform
FRC publishes minimum standard for audit committees
Reference Section:
A Guide to GAAP
[Submitted by CA S. Ramaswamy,
Kochi, Kerala]
May 21, 2023
Exposure Draft:
Consultation paper on proposal with respect to pro-rata and pari-passu rights of investors of Alternative Investment Funds (AIFs)
[Last date for Comments: June 4, 2023]
Legal Updates:
Clarification regarding provisions relating to charitable and religious trusts [Circular No.6]
Guidelines for compulsory selection of returns for Complete Scrutiny during the FY 2023-24
Revision in computation of Core Settlement Guarantee Fund in Commodity Derivatives Segment
Amendment in Export Policy of Broken Rice under HS Code [No.7]
Amendment in Export Policy of Cough Syrup [No.6]
Foreign Trade Policy 2023 [Circular No.12]