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RBI Cautions against unauthorised campaigns on Loan waiver

CA Cult – 11 December 2023

RBI Cautions against unauthorised campaigns on Loan waiver The Reserve Bank of India (RBI) has noticed certain misleading advertisements enticing...

RBI

Updates & News

Digital payments in FY 2023-24 crossed 10,998 crore

CA Cult – 11 December 2023

Total digital payment transactions volume increased from 2,071 crore in FY2017-18 to 13,462 crore in FY2022-23 at a CAGR of...

PIB

Updates & News

Tax evasion by the lottery distributors

CA Cult – 11 December 2023

Tax evasion by the lottery distributors 12 cases of GST evasion of Rs. 344.57 crore detected and Rs. 621.56 crore...

CBIC, GST, PIB

Miscellaneous

Exposure Draft of Guidance Note on Audit of Banks (2024 Edition)

CA Cult – 10 December 2023

Exposure Draft of Guidance Note on Audit of Banks (2024 Edition) The Auditing and Assurance Standards Board (AASB) of ICAI...

ICAI, RBI

Weekly Highlights

Weekly Updates from CA Cult (1st Week of December 2023)

CA Cult – 10 December 2023

Weekly Updates from CA Cult (1st Week of December 2023) Important Updates from last week: Income-tax Godavari River Management Board notified under...

CBDT, CBIC, Custom, DGFT, Finance, GST, IBBI, ICAI, Income tax, MCA, PIB, PMLA, RBI, SEBI

Updates & News

Amendment in Export policy of De-Oiled Rice Bran

CA Cult – 9 December 2023

Amendment in Export policy of De-Oiled Rice Bran - NOTIFICATION No. 51/2023 S.O. 5222(E).—In exercise of powers conferred by Section...

DGFT

Updates & News

Amendment of Import Policy and Policy Conditions for Yellow Peas

CA Cult – 8 December 2023

Amendment of Import Policy and Policy Conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022,...

DGFT

Updates & News

Notified reporting entity under section 11A of PMLA 2002

CA Cult – 8 December 2023

Notified reporting entity under section 11A of the Prevention of Money-laundering Act (PMLA) 2002 S.O. 5213(E).—In exercise of the power...

PMLA

Updates & News

Insolvency Professionals (Second) Guidelines, 2023

CA Cult – 8 December 2023

The Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) (Second) Guidelines, 2023 issued...

IBBI, MCA

Updates & News