Petroleum and Natural Gas Regulatory Board (Integrity Management System for Petroleum and Petroleum Products Pipelines) Regulations, 2021.
The regulation outline the basic features and requirements for developing and implementing an effective and efficient Integrity Management Plan (IMP) for Petroleum and Petroleum Products Pipeline system.
NPPA extends the ceiling price on Knee implants till 15th September 2022.
no healthcare institutions such as hospitals/nursing-homes/clinics performing orthopedic surgical procedures using knee implants shall solicit any patient to purchase knee implants from it, in case, the patient is interested in procuring such implant from any other third-party sources.
RBI revises the Large Exposures Framework.
Through this revised framework it has been decided to permit foreign banks to exclude derivative contracts executed prior to April 1, 2019 while computing the derivative exposures on their Head Office (including overseas branches).
The Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021.
Through this amendment regulation 15 which deals with advance payment against exports has been amended.
RBI enhances the framework on card tokenisation services to reinforce the safety and security of card data.
The RBI had earlier permitted ‘tokenisation’ services, under which a unique alternate code is generated for transaction purposes, on mobile phones and tablets of cardholders.
The Income-tax (28th Amendment) Rules, 2021.
As per new rules 111UAC(4) The provisions of clause (x) of sub-section (2) of section 56 shall not apply to any movable property, being equity shares, of the public sector company, received by a person from the Central Government or any State Government under strategic disinvestment.
Revised import policy for mercury
The import and export of mercury shall be subject to prior informed consent of national focal point of Minamata Convention.
Auto-referral to empaneled private hospitals when specialization is not available in ESIC hospitals
It has been decided that wherever in-house specialization is not available in ESIC hospitals, patients would be auto-referred to empaneled private medical service providers and wherever any ESI facility is at a distance of more than 10 kms from the IP (Insured Person), patients can directly approach the empaneled hospitals for treatment.
CBDT clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment
Previously, any loss incurred in any previous year prior to, and including, the previous year of strategic disinvestment shall be carried forward and set off by the erstwhile public sector company. The above relaxation shall cease to apply from the previous year in which the company, that was the ultimate holding company of such erstwhile public sector company immediately after completion of the strategic disinvestment, ceases to hold, directly or through its subsidiary or subsidiaries, fifty-one per cent of the voting power of the erstwhile public sector company.
FSSAI includes “Radiation Processing of Food” as new Kind of Businesses in FoSCoS portal
To facilitate the licensing of the FBOs involved in radiation processing of foods, it has been decided to include “Radiation Processing of Food'” as new Kind of Business in FoSCoS portal.
