Daily Newsletter - September 27, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Acts & Regulations:
Reference Section:
Legal Updates:
News Update:
GST Council forms GoM on compensation cess; report expected by Dec 31
Sudden impact: Big 4 audit firms set new terms of engagement after EY worker's death
NSE defers T+0 rolling settlement cycle until further notice
Debt securities listing time cut to T+3
Sebi likely to introduce MF-Lite regulations for passive funds: Madhabi Puri Buch
IBBI amends rules to enhance creditor representation in insolvency process
India climbs to 39th rank in the Global Innovation Index 2024
Sebi amends rules, introduces fixed price process for voluntary delisting
GSTN clarifies on validity of notices, orders without digital signature of taxmen
GoM on GST on health, life insurance premium to meet on October 19
Sebi set to tighten F&O rules to rein in speculative trading
CAG plans to develop its own AI for fast writing of audit reports
I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion
All GST apex tribunals by November-end
Thomson Reuters Teams Up with Validis and Unveils Suite of AI-Powered Solutions For Auditors
PCAOB Doles Out $165,000 in Total Fines to Five Audit Firms
FASB proposes hedge accounting standards update
Exposure Drafts:
Exposure Draft of Amendments to the Classification and Measurement of Financial Instruments: Amendments to Ind AS 109 and Ind AS 107
[Last date for Comments: October 23, 2024]
Exposure Draft of Annual Improvements to Ind AS (2024) - Corresponding to Annual Improvements to IFRS Standards Volume 11 issued by the IASB
[Last date for Comments: October 23, 2024]
Consultation paper on draft circular for “Disclosure of expenses, half yearly returns, yield and risk-o-meter of schemes of Mutual Funds
[Last date for Comments: October 18, 2024]
Consultation paper on the proposal to exempt certain transactions from trading window restrictions
[Last date for Comments: October 17, 2024]
Acts & Regulations:
The Digital Personal Data Protection Act, 2023
The India International Arbitration Centre (Composition and functions of the Committees) Rules, 2023
Reference Section:
One Person Company under the Companies Act, 2013
[Submitted by Kanakkupillai, Chennai]
Indian Revenue Service
Civil List 2024
[Published by Income Tax Department]
Legal Updates:
Advisory on issuance of Notices/Orders without digital signatures of the issuing authorities
SEBI (Delisting of Equity Shares) (Amendment) Regulations, 2024