CAalley Newsletter dated September 7, 2022
Latest additions to CAalley:
News:
From the ICAI:
From the IFAC:
Legal Updates:
News:
GST wing of CBIC conducts tax inspections against insurance companies
Finance Ministry to kick-start budgetary exercise from October 10
Transport services to civic bodies not exempt from GST in each & every case
RBI issues 'alert list' on entities not authorised to deal in forex trading
Income Tax department raids offices of Centre for Policy Research, Oxfam India for 'FCRA violations'
Dematerialisation: Irdai urges industry to open e-insurance accounts
FM Sitharaman stresses on timely completion of IMF 16th quota review
Bill on data privacy will be ready 'soon', says Nirmala Sitharaman
Former RBI Guv suggests 10-year road map for privatisation of all PSBs
CBDC to bring down time, cost for cross-border transactions: Rabi Sankar
Sebi seeks unclaimed funds info from non-corp entities
Sebi imposes Rs 2 cr fine on Rana Kapoor in YES Bank AT-1 bonds case
Uttar Pradesh cabinet approves amendment to UP GST Act
Enforcement Directorate arrests Former NSE chief Ravi Narain in illegal phone tapping case
16 states onboard National Single Window System
Sebi directs entities to submit information on unclaimed securities
Irdai set to meet insurance CEOs on dematerialisation of policies
Insurance claims independent of human errors, say industry players
CAs should act as ambassador of 'Brand India', help attract investments into country: Piyush Goyal
Moody's retains India rating and outlook, days after cutting GDP forecast
Companies take risks with cross-sector CEOs
In six points, Shaktikanta Das explains India's macroeconomic picture
Govt extends tenure of the Company Law Committee by one year
New IFAC anti-corruption plan welcomed
SEC Warns Chinese Companies About Risks of Auditor Changes
Audit Quality and Investor Protection under the Holding Foreign Companies Accountable Act
Europe heading for recession as cost of living crisis deepens
IRS exposed about 120K people's information online
From the ICAI:
External Confirmations through Third Party Vendors
IFAC's Action Plan for Fighting Corruption and Economic Crime - Download here
Legal Updates:
Frequently Asked Questions (FAQs) on the SEBI Settlement Scheme, 2022
Public Notice in respect of SEBI Settlement Scheme, 2022
Review of Prudential Norms – Risk Weights for Exposures guaranteed by Credit Guarantee Schemes (CGS)
Incentive for improving service to non-chest branches
Reconstitution of Committee to Review IRDAI's Information & Security Guidelines
