Ministry of Corporate Affairs enlists various measures taken to fight Covid-19 pandemic
The MCA press release clarifies that Companies (Auditor’s Report) Order, 2020 has now been made applicable from the audit of financial statements for the financial year 2021-22 to ease the compliance requirement by auditors and the companies in view of covid 19.
Kamarajar port as a designated port for import of unshredded metallic scrap and waste
Director General of Foreign Trade inserted Kamarajar port in the list of
designated ports for import of scrap.
International Financial Services Centers Authority (Issuance and Listing of Securities) Regulations, 2021
The new regulations detail the general principles, eligibility criteria, procedure and other qualifications of Issuance and Listing of Securities at IFSC.
SEBI extends timeline for compliance with regulatory requirements by Debenture Trustees
The timelines for compliance with the regulatory requirements of the SEBI by Debenture trustees for the quarter/half year/ year ending March 31, 2021 has been extended.
Ministry of Chemicals and Fertilizers introduces ‘Proforma for Price List for Medical Devices’
Every manufacturer and importer shall now on issue a price list and supplementary price list for medical devices, if required, in ‘Form V- Proforma for Price List’ or ‘Form VI- Proforma for Price List for Medical Devices’, to the dealers, State Drug Controllers and the Government indicating fixed prices and changes from time to time.
SEBI notifies Framework on segregation, monitoring of collateral at client level.
In order to provide visibility of client-wise collateral (for each client) at all levels, viz., TM, CM and Clearing Corporation (CC), a reporting mechanism, covering both cash and non-cash collateral, shall be specified by the CCs.
FSSAI issues direction regarding food category for registration/licensing of FBOs manufacturing Indian sweets and snacks.
Any FBO who is manufacturing any Indian sweets and snacks & Savouries which is already licensed under the proprietary food need not get their license modified under these new categories.
CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB.
The Taxpayers can now file form 15CA and Form 15CB manually to the authorized dealers till 15th August, 2021.
Amendment of consumer protection (e-commerce) rules, 2020 proposed to strengthen the regulatory framework for prevention of unfair trade practices in e-commerce.
The Proposed amendment aims to protect consumers from all forms of misleading advertisements. It requires e-commerce entities to take measures to prevent misleading advertisements on their respective platforms.
Ministry of Chemicals has taken steps to enhance the manufacturing of Covid-19 Vaccines in the country.
Under the Mission, clinical trial lot manufacturing of promising vaccine candidates including DNA vaccine candidate (ZydusCadila); mRNA vaccine candidate (Gennova Biopharmaceuticals); intranasal vaccine candidate (Bharat Biotech) are being supported.
