MCA relaxes the minimum residency requirement for partners and directors
The Circular provides that the requirement for director or partner to stay in India for at least 182 days a year has been relaxed for the year 2020 owing to international travel restrictions imposed by international community.
The Transport, Roads and Buildings department of Andhra Pradesh directs the compound of minor offences under Motor Vehicle Act
The officers not bellow rank of Sub-inspector are directed to compound offences like driving without license, helmet, seatbelt, using of handheld communications while driving, over speeding etc. in the prescribed rates of compounding fee.
RBI announces On Tap Targeted Long-Term Repo Operations.
The Reserve Bank of India vide its notification dated 21st October 2020 has announced an ‘on tap’ Targeted Long-Term Repo Operations scheme of up to Rs 1 lakh crore to enable banks to provide liquidity support to a host of sectors, including agriculture, retail, drugs and pharmaceuticals, and MSMEs. The Scheme will remain operational from […]
The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Rules, 2020.
A trader who transacts with a farmer in farmers’ produce in the trade area, shall make payment for traded scheduled farmers’ produce on the same day or within maximum of three working days if procedurally so required, subject to the condition that the receipt of delivery as in Form -1 shall be given to the farmer on the same day.
Ultrasound Equipment shall be considered as DRUG with effect from 1st November 2020.
Ultrasound Device intended for external or internal use in human beings shall be considered as a drug with effective from 1st November 2021.
The Drugs and Cosmetics Draft Amendment Rules, 2020.
Through this amendment, the drug “Tapentadol” has been listed under schedule H under Drugs and Cosmetics Act, 1940.
