Draft Central Motor Vehicles (Amendment) Rules, 2021

The amendment provides that in case the vehicle is registered on submission of certificate of vehicle scrapping, the fee for issue of certificate of registration shall not be levied. The amendment also provides the new fee structure for registration.

SEBI issues circular for streamlining the IPO process via UPI.

In order to ensure timely response with regard to IPO process, SCSBs shall identify the nodal officer for IPO applications processed through UPI as a payment mechanism and submit the details to SEBI within 7 working days from the issuance of this circular.

The Income-tax (5th Amendment) Rules, 2021.

The Amendment brings in new rule 29BA which specifies the Application for grant of certificate for determination of appropriate proportion of sum (other than Salary), payable to non-resident, chargeable in case of the recipients.

The Paradip Port Trust (Licensing of Stevedoring and Shore Handling) Regulations, 2021.

The regulation shall be applicable to stevedoring activities on board and shore handling activities onshore undertaken by the agent, but shall not apply to such activities undertaken either by the Board or by any person with whom Public Private Partnership agreement or Build-Operate–Transfer agreement or such other agreement has been entered into by the Board.