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Daily Newsletter - August 14, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

FAQs:

IFSCA FAQs

Useful Forms:

Income Tax eFiling Utilities

Legal Updates:

GST

MCA

IRDAI

DGFT

 


  

News Update:

Indian News:

Some positive changes by audit firms, but a lot more needs to be done: Ajay Bhushan Pandey

Share buyback tax regime to change from October 1: What this means for you

Widespread adoption of digital payments raises operational risks: RBI DG

Investing in FDs with an NBFC? Check new RBI rules on premature withdrawal, nominations applicable from Jan 1, 2025

Insolvency Board mandates to provide unique ID to each valuation report

MSMEs to get Rs 15,000-crore subsidy to adopt green tech

Delhi: How the transfer of an officer uncovered a massive GST fraud involving 500 fake companies

Affordable housing finance companies to gain from RBI norms tweak

Taxpayers getting faster refunds this year? FM says ITR processing time reduced to 10 days from 93 days

GST Council to meet on Sept 9, to start discussion on rate rationalisation

Companies race against taxing times to give buyback call

CCI orders unusual recall of reports on Apple antitrust investigation

RBI deputy Guv cautions against use of CBDC as 'safe havens' during crisis

Outward remittances exceeding ₹6 lakh come under I-T scanner

Headhunters may get to access independent directors' databank

RBI tweaks risk weights for housing finance companies

RBI tightens HFC norms to bring them on a par with NBFCs

RBI penalises CSB Bank, Union Bank of India, others for norms violation

 

International News:

Australia: Big four consulting arms need regulation: ethics board

UK: EY fined $571,000 over audit of group linked to Russian oligarch


FAQs:

IFSCA FAQs:

FAQs for the IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024


Useful Forms:

Income Tax eFiling Utilities:

eFiling Utilities and Schemas for the following forms have been updated:

Form 10B (A.Y. 2023-24 Onwards)

Form 10BB (A.Y. 2023-24 Onwards)


Legal Updates:

GST:

Guidelines for Second special All-India Drive against fake registrations [Instruction No.2]

  

MCA:

The Companies (Registration of Foreign Companies) Amendment Rules, 2024

  

IRDAI:

Prevention of Money-Laundering (Maintenance of Records) Amendment Rules, 2024

  

DGFT:

Integration and Bulk Upload Facility for Self-Certification of eBRC [Trade Notice No.12]


  

  

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