Weekly Updates from CA Cult (3rd Week of June 2023)
Weekly Updates from CA Cult (3rd Week of June 2023)
Important Updates from last week:
- INCOME TAX DEPARTMENT CONDUCTS SEARCH AND SURVEY OPERATIONS ON LUXURY REAL ESTATE DEVELOPERS.
- Income tax Form No. 34C to Form No. 34EA substituted.
- The e-advance rulings (Amendment) Scheme, 2023.
- Cost Inflation Index for the Financial Year 2023-24.
- Special Courts in the State of Jharkhand.
- Webinar on ‘e-Invoicing and Invoice Registration Portals (IRPs)’.
- DGGI Gurugram officials bust ITC racket involving 461 shell entities with fraudulently claiming Rs 863 crore, 2 held.
- Seeks to further amend 48/2021-Customs dated 14.06.2023 to reduce BCD on Refined Soya Bean Oil and Refined Sunflower oil to 12.5% – Notification No. 39/2023-Customs.
- Simplified regulatory framework for e-commerce exports of Jewellery through Courier mode –Reg.
- Notification under Section 14 of Insolvency and Bankruptcy Code (IBC), 2016.
- Amendment in Import Policy and Policy Condition of Copra under ITC (HS) Code 12030000 of Chapter 12 of ITC (HS), 2022, Schedule-I, Import Policy – Notification No. 11/2023.
- Amendment in Appendix 2X of FTP, 2023 – Public Notice No. 14/2023.
- Sovereign Gold Bond Scheme 2023-24.
- Regulatory framework for Execution Only Platforms for facilitating transactions in direct plans of schemes of Mutual Funds.
- Corrigendum to Circular on Participation of Mutual funds in repo transactions on Corporate Debt Securities dated June 8, 2023.
- Amendment to Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT) /Obligations of Securities Market Intermediaries under the Prevention of Money-laundering Act, 2002 and Rules framed there under.
- Adherence to provisions of regulation 51A of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 by Online Bond Platform Providers on product offerings on Online Bond Platforms.
- Call for Papers – International Finance and Accounting Conference being organised by ICAI & IIM Jammu.
- Reporting of Cyber Security Incidents by Regulated Entities.
Video of the Week: Important point for transactions with group entities. What is Arm’s Length Price?
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