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Daily Newsletter - November 29, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

SEBI Draft


Income Tax FAQs

Legal Updates:





News Update:

Indian News:

Corporate debt servicing improves despite higher interest cost

What are whaling attacks? Methods and security tips you should be aware of

Sebi proposes changes in Special Situation Funds to facilitate acquisition of stressed assets

Not for everyday transactions, but cash still store of value: RBI report

GST regime is moving from uncertainty to certainty: FM

Hotels push for GST parity with standalone restaurants

Income Tax department offers 'Discard return' option: When you can use it

RBI in discussions with US, Hong Kong, Swift on digital bank payments


International News:

Australia: ASIC hopes threat of criminal sanction enough to force good audits

FASB issues new segment reporting guidance

Exposure Draft:

SEBI Draft:

Consultation Paper on changes in the regulatory framework for Special Situation Funds, a sub-category of Category I Alternative Investment Funds, necessary to facilitate Special Situation Funds to acquire stressed loans in terms of Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021
[Last date for Comments: December 27, 2023] 


Income Tax FAQs:

Discard Return FAQs

Legal Updates:


Advisory for the procedures and provisions related to the amnesty for taxpayers who missed the appeal filing deadline for the orders passed on or before March 31, 2023



Discontinuation of filing of certain returns by Insurers and Insurance Brokers



Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.86(NT)]



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