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Daily Newsletter - August 5, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Drafts:

IFSCA Draft

RBI Draft

SEBI Draft

Legal Updates:

GST

DGFT

 


  

News Update:

Indian News:

EPFO issues new rules for inoperative, inactive EPF accounts to stop frauds

Google Pay, PhonePe, and Amazon Pay seek entry into RBI's digital rupee

Deloitte India aims to be first Big 4 firm to hit ₹20,000 crore revenue by 2027, says South Asia CEO

After GST notice for FY18-22 to Infosys, DGGI withdraws demand of Rs 3,898 crore

FinMin asks state-owned general insurers to focus on profitable businesses

Govt committed to fairness, simplicity, equity in tax system: Revenue secy

 

International News:

IASB proposes amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures

UK regulator calls out BDO and Forvis Mazars over audit quality


Exposure Drafts:

IFSCA Draft:

Consultation Paper on Review of IFSCA (Fund Management) Regulations, 2022
[Last date for Comments: August 26, 2024]  

 

RBI Draft:

Draft circular on ‘Regulatory Principles for Management of Model Risks in Credit’
[Last date for Comments: September 4, 2024] 

 

SEBI Draft:

Consultation Paper on Streamlining the process and reduction in timelines of Bonus Issue (enabling T+2 trading of shares post record date where T being record date)
[Last date for Comments: August 26, 2024] 


Legal Updates:

GST:

Advisory in respect of Changes in GSTR 8

  

DGFT:

Harmonisation of Chapters 40 to 98 of Schedule-II (Export Policy) to ITC(HS) codes [Trade Notice No.11]


  

  

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