Site icon CA Cult

Weekly Updates from CA Cult (2nd Week – March 2023)

CA Cult

Weekly Updates from CA Cult (2nd Week – March 2023)

Important Updates from last week:

Income-tax

  1. Direct Tax Collections for F.Y. 2022-23 up to 10th March 2023.

CBIC

  1. Advisory: GSTN launches e-invoice registration services with private IRPs.
  2. Extension of requirement of Health Certificate accompanied with the import of food consignments-reg.
  3. Boarding functions – Improving transparency using boarding Jacket fitted with Body Worn Camera (BWC) having video/audio recording facility by Boarding Officer -reg.
  4. Rectifiable labelling information for imported food consignments -reg.

MCA

  1. MCA important update for all the Members of ICSI & ICAI.
  2. Serving of copy of applications to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016.
  3. Tribunal to adjudicate the disputes in matter of election.

Directorate General of Foreign Trade (DGFT)

  1. Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023 -PUBLIC NOTICE No. 60/ 2015-20.

RBI

  1. 17 NBFCs surrender their Certificate of Registration to RBI.

Securities and Exchange Board of India (SEBI)

  1. Master Circular for Foreign Venture Capital Investors (FVCIs).
  2. Framework for Adoption of Cloud Services by SEBI Regulated Entities (REs).
  3. Operational Guidance -Amendment to Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 (“Buy-back Regulations”).

Institute of Chartered Accountants of India (ICAI)

  1. Implementation Guide to SA 580, Written Representations.
  2. EXTENSION OF LAST DATE FOR ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR MAY/JUNE 2023 EXAMINATIONS UP TO 15TH MARCH 2023.
  3. Revision Test Papers (RTPs) by the ICAI for CA Final Course May 2023: https://cacult.com/rtps-ca-final-course/
  4. Revision Test Papers (RTPs) by ICAI for CA Intermediate Course: https://cacult.com/rtps-ca-intermediate-course/

Union Budget 2023-24

  1. Post Budget Webinar on Union Budget 2023-24

OTHER UPDATES

  1. Notification on the Virtual digital assets under PMLA.
  2. Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023.
  3. Economic Cooperation and Trade Agreement (ECTA) signed between India and Australia is a transformative agreement which will unlock the next level of potential in trade and investment.

Blog of the Week

  1. Important changes in Form 26AS from AY 2023-24 onwards.

Videos of the Week:

  1. Timely payments to Micro and Small Enterprises | Section- 43B | MSME Act | Income-tax Act: https://www.youtube.com/watch?v=nP1VXxV7g0s&t=125s
  2. Detailed analysis of TDS and taxability on the net winnings from online games: https://www.youtube.com/watch?v=w_H4vdmDpzg

Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCUZuSQHyKyarNzKtA5rAiFA

Exit mobile version