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The alley for Indian Chartered Accountants

Daily Newsletter - May 8, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

SEBI Master Circular

Legal Updates:

Income Tax

IFSCA

SEBI

RBI

FEMA

DGFT

Customs

  


  

News Update:

Indian News:

RBI lifts restrictions on Bank of Baroda's 'Bob World' mobile app, allows onboarding customers

NPCI issues guidelines for merchant acquisition on BHIM Aadhar Pay

Sebi extends settlement scheme period till Jun 10 in stock option cases

RBI asks NBFCs to stick to loan cash payout cap of Rs 20,000: Report

NPCI likely to extend UPI market cap deadline for payment platforms

NSE to run special trading session on May 18 with disaster recovery switch

ITAT: Redemption of unlisted NCDs will not result in cap gains, but interest income

'Permanent deletion of transactions can anonymise e-rupee like cash'

Sebi rejects NSE proposal to extend trading hours as brokers protest

HC relief for holding companies facing GST notices over corporate guarantees

 

International News:

FRC fines PwC, EY for London Capital & Finance audit failings

PCAOB sanctions auditors over audit evidence

UK: Deloitte further strengthens governance

Why don’t auditors find fraud?


Acts & Regulations:

SEBI Master Circular:

Master Circular for Registrars to an Issue and Share Transfer Agents


Legal Updates:

Income Tax:

Guidelines for compulsory selection of returns for Complete Scrutiny during the FY 2024-25 - Procedure for compulsory selection in such cases

 

IFSCA:

Additional requirements for carrying out the permissible activities by Finance Company as a Lessor under ‘Framework for Ship Leasing’

 

SEBI:

Periodic reporting format for Investment Advisers

SEBI (Employees' Service) (Second Amendment) Regulations, 2024

 

RBI:

Margin for Derivative Contracts

 

FEMA:

FEMA: Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024 - Amendment to Regulation 7 of the Principal Regulations

 

DGFT:

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.12]

 

Customs:

Amendments to the All Industry Rates of Duty Drawback effective from 03.05.2024 [Circular No.4]

Seeks to further amend List 34A and List 34B in the Appendix to the Table of Notification No. 50/2017-Customs dated 30.06.2017 [Notification No.25]


 

 

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