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CAalley Newsletter dated December 5, 2022

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Latest additions to CAalley:

News:

Indian News

Budget News

International News

Exposure Draft:

FASB Draft


  

News:

Indian 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

  

Budget News:

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

  

International News:

PwC to shut offices over festive period to save on bills

  


Exposure Draft:

FASB Draft:

Proposed Accounting Standards Update
Leases (Topic 842)
Common Control Arrangements
[Last date for Comments: January 16, 2023]
 

  


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