Weekly Updates from CA Cult (3rd Week of November 2023)
Weekly Updates from CA Cult (3rd Week of November 2023)
Important Updates from last week:
- CBDT Chairman Shri Nitin Gupta inaugurates Taxpayers Lounge at 42nd India International Trade Fair in New Delhi.
- Advisory for Online Compliance Pertaining to ITC mismatch -GST DRC-01C.
- ITC Reversal on Account of Rule 37(A).
- Seeks to amend Notification No. 27/2022 dated 26.12.2022 to notify biometric-based Aadhaar authentication for GST registration in the State of Andhra Pradesh – NOTIFICATION No. 54/2023- Central Tax.
- Limited Liability Partnership (Significant Beneficial Owners) Rules.
- Incorporation of Policy Condition for export of Non-basmati rice under HS Code 10063090 – NOTIFICATION No. 43/2023.
- Action against Bajaj Finance Ltd. under Section 45L(1)(b) of the Reserve Bank of India Act, 1934.
- Regulatory measures towards consumer credit and bank credit to NBFCs.
- International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for exports proceeds.
- SEBI Circular on the Most Important Terms and Conditions (MITC).
- Simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination.
- One-Time Window for MEF 2023-24.
- Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A & Set-B).
Videos of the Week:
- NIL TDS return | Filing of declaration on traces portal by the Deductor: https://www.youtube.com/shorts/yKsWVDWMANM
- Send money outside India (Abroad) | Documents | Charges | Foreign Remittance | LRS – Part – II: https://www.youtube.com/watch?v=bR3K9Z1nGrU
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