Daily Newsletter - April 16, 2025
Latest additions to CAalley:
News Update:
From the ICAI:
International Content:
Legal Updates:
News Update:
EPFO can't deny claims for pension on basis of delayed contribution: HC
Justice BR Gavai to take oath as 52nd Chief Justice of India on May 14
Financial Intelligence Unit imposes ₹37 lakh penalty on Union Bank of India
IndusInd Bank external audit reveals Rs 1,979 crore derivative discrepancies
US slaps 245% retaliatory tariffs on Chinese goods as trade war intensifies
Sebi seeks to throw open out-of-bounds business areas for mutual funds
Sebi bans Gensol Engg, promoters from securities mkt in fund diversion case
RBI asks banks to pay 8% interest for delay in central govt pension payment
India leads global market recovery, first in world to rebound from Trump tariff shock
Don’t be surprised if you get lesser income tax refund this year
Not activating countercyclical capital buffer, says RBI
GST On Apartment Maintenance Is Not A New Levy, Clarify Tax Officials
Major relief for homeowners: ITAT rules redeveloped flats not taxable as 'other income'
Sebi resolves over 4,000 complaints through SCORES in March
PwC exits more than a dozen countries to avoid scandals
[UK] EY fined £500,000 for breaching audit rules in second penalty within a week
IAASB revises going concern standard
From the ICAI:
Study on Compliance of Financial Reporting Requirements (Ind AS Framework) - Volume-III
(Compiled from the records of Financial Reporting Review Board)
[Published in January, 2025]
International Content:
Guidance on the Going Concern Basis of Accounting and Related Reporting
(including Solvency and Liquidity Risks)
[Febraury 2025]
Explainer: Guidance on the Going Concern Basis of Accounting and Related Reporting
Legal Updates:
Framework for Ship Leasing (Updated as on April 07, 2025)
