The Bihar Electricity Duty Rules, 2020
The rules provides for a mandatory registration for payment of duty under The Bihar Electricity Duty Act, 2018. The application for registration shall be filed in Form I, within thirty days of his incurring liability to pay duty under the Act or within thirty days of the date of the publication of these rules. Certificate of registration in Form II shall be issued within three days from the date of receipt of the application.
FSSAI permits extension of timeline for compliances relating to the use of Printing Ink on food packages
The FSSAI has acknowledged that Food Business Operators (FBOs) face difficulties in immediately complying with the revisions published by the BIS. Therefore, the FSSAI has declared that FBOs must comply with the revised IS standards either by 1st January or 1st July as the case may be. This will be subject to a transition period of a minimum of 180 days from the date of publication of the standards by BIS.
The Government of NCT of Delhi enhances the wages of part-time workers
The Circular enhancing the wages of part-time workers was issued on 9th September 2020 and the enhanced wages will be deemed to come into effect from 22nd October 2019. The Circular stipulates the wages of part-time workers working for one, two, three and four hours per day to be fixed at Rs. 1856, Rs. 3721, Rs. 5568 and Rs. 7424 respectively (per month per part).
MCA extends the due date for filing of Form CRA-4.
The cost auditor shall now submit the cost audit report for the financial year 2019-20 in front of the Board of Directors of the companies by 30th November 2020 which shall not be considered as a violation of rule 6(5) of Companies (cost records and audit) Rules, 2014.
ESIC extends the Atal Beemit Vyakti Kalyan Yojana scheme with certain relaxations.
The relaxed eligibility conditions will be applicable for the period 24.03.2020 to 31.12.2020 only and the other conditions as specified in the original Atal Beemit Vyakti Kalyan Yojana will remain the same.
SEBI modifies the scheme characteristics of multi cap fund.
It has now revised that there will be a minimum 75% equity exposure with 25% in large cap companies, 25% mid cap stocks and 25% small cap stocks.
