RBI Statement on Developmental and Regulatory Policies
Banks are allowed to avail of funds under the marginal standing facility (MSF) by dipping into the Statutory Liquidity Ratio (SLR) up to an additional one per cent of net demand and time liabilities (NDTL), i.e., cumulatively up to 3 per cent of NDTL, for a further period of three months, i.e., up to December 31, 2021.
The SEBI (LODR) (Third Amendment) Regulations, 2021 shall commence w.e.f 01.01.2022
The Securities and Exchange Board of India through corrigendum dated 6th August, 2021 has appointed January 1, 2022 as the date on which Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 shall come into force.
NPPA directs orthopedic knee implant companies to furnish price data by 12th August for price monitoring.
The requisite data on Orthopaedic Knee Implants for Orthopaedic Knee Replacement System in the prescribed format shall be emailed to medicaldevices-nppa@gov.in within 12th August 2021.
GSTN issues advisory for taxpayers regarding Blocking of E-Way bills.
Taxpayers who have not filed GST returns for two months or quarters up to June 2021 will not be able to generate e-way bills from August 15.
Mineral Concession (Amendment) Rules, 2021.
All mining leases granted on or after commencement of the Mineral Concession (Amendment) Rules, 2021 to a Government company or corporation for coal or lignite shall be for a period of fifty years and all subsisting mining leases shall be deemed to have been granted for fifty years or till 31st March 2030, whichever is later.
GSTN issues advisory on updating the Annual Aggregate Turnover by taxpayers.
This facility of turnover update shall be provided to all the GSTINs registered on a common PAN. All the changes by any of the GSTINs in their turnover shall be summed up for computation of Annual Aggregate Turnover for each of the GSTINs.
