CAalley Newsletter dated December 5, 2022
Latest additions to CAalley:
News:
Exposure Draft:
News:
Firms' PAN to be identifier for govt single window clearance system
CCI chief calls for devising new tools to check anti-competitive practices
Canteen fees: Conflicting GST rulings puzzle companies
Amount recovered to provide canteen facilities will be subject to GST, says U'khand bench
Govt depts told to rework estimates based on 18% GST
Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
GST council to consider decriminalisation of GST law in Dec 17 meet
India tax panel may not reach consensus on taxing online gaming - source
Will RBI devise rules to regulate public sector banks amid rising scams
Infra recognition key point in FBIL spat with regulators abroad: RBI Dy Guv
Income Tax dept reduces time for taxmen to decide on refund adjustment
‘If turnover is above Rs 5 cr, file reconciliation statement’
RBI likely to moderate rate tightening amid retail inflation, say experts
Govt mulls exempting early-stage startups from data bill provisions
ICAI: Open audit industry under FTAs reciprocally
IBBI chief bats for putting valuation of IBC entities in public domain
Core activities of a bank should not be outsourced, says RBI's AK Choudhary
Hearing into CA’s case against Satyam Computers ordered
NFRA begins inspections of five audit firms
Sebi asks MFs to be vigilant against fraud groups on Telegram app, take action if needed
Govt likely to roll back states' ability to borrow more, says report
Why has Sebi taken action against 5 commodity brokers
Ahead of budget, economists demand increase in social security pension
Salaried class looks for more tax benefits in upcoming Budget
Budget may target 11-12% expansion in nominal GDP
Give MSMEs 180 days to repay loans instead of 90 days currently, says PHD Chamber
Calculative actions to strengthen domestic sources of growth are essential
PwC to shut offices over festive period to save on bills
Exposure Draft:
Proposed Accounting Standards Update
Leases (Topic 842)
Common Control Arrangements
[Last date for Comments: January 16, 2023]