caalley logo

The alley for Indian Chartered Accountants

CAalley Newsletter dated September 7, 2022

Latest additions to CAalley:


Indian News

International News

From the ICAI:

ICAI Announcement

From the IFAC:

IFAC Action Plan

Legal Updates:






Indian 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



International News:

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:

ICAI Announcement:

External Confirmations through Third Party Vendors



From the IFAC:

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



Read more on:
Don't miss an update!
Subscribe to our newsletter