CAalley Newsletter dated January 20, 2023
Latest additions to CAalley:
News:
Legal Updates:
News Update:
'Sinking hole of regulations': Mitra calls for simplification of GST system
EPFO portal offers link to opt for higher pension
Commerce Ministry relaxes EPCG norms to promote ease of doing biz
Indian banks' switch to IFRS norms unlikely to drive rating changes: Fitch
Sebi carries out nationwide raids on market experts for front-running
Sebi opts for principles-backed approach on ESG ratings, says report
Auditors of GoMechanic had raised several red flags in accounting: Report
No issue with crypto in India if laws are followed: Rajeev Chandrasekhar
FinMin exhorts PSBs to achieve financial inclusion targets for FY23
End of GST compensation to jolt six states most, says RBI
Insolvency law may provide carveouts for homebuyers
Have issues with only 6 of 10 CCI directions: Google to SC
Taxmen probe rich Indians for having foreign policies without approval
IBC overhaul seeks to give adjudicating authority a power boost
Budget set to boost schemes linked to SCs, STs, senior citizens
FASB mulls two new software accounting options
Top 5 Accounting Rules to Hit Companies’ Books This Year, Including Issues to Watch For
FASB Plans to Require More Detailed Disclosures of Income Statement Expenses
FASB to Expand Use of Accounting Method to More Tax-Credit Investments
Legal Updates:
Companies (Prospectus and allotment of securities) Amendment Rules, 2023
Companies (Misc) Amendments Rules, 2023
Companies (Appointment and Qualification of Directors) Amendment Rules, 2023
Implementation of RoDTEP Committee report in relation to Anomalies etc
Circular - Clarification on classification of shares issued by virtue of demerger
Exchange rate Notification No. 05/2023-Cus (NT) dated 19.1.2023 [No.5(NT)]
