RBI extends the On Tap Special Long-Term Repo Operations facility for banks till 31st December 2021.
All Small Finance Banks (SFBs) eligible under the Liquidity Adjustment Facility (LAF) can participate in the Scheme. There is no tenor restriction regarding lending by SFBs under the scheme. However, the SFBs will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to the specified segments till maturity of the SLTRO.
Ministry of Power has extended the star rating plan for the electric storage water heater.
The permission for display of particulars on storage type electric water heater up to the rated capacity of 200 litres for 1 and 2 Star shall not be permitted from the 1st day of October, 2021 with a view to upgrade the minimum energy performance level of such storage type electric water heater.
Ministry of Power has notified the revised policy for biomass utilisation for power generation through co-firing in coal based power plants.
All coal-based thermal power plants of power generation utilities with bow mill and ball & race mill shall on annual basis mandatorily use 5% blend of biomass pellet made, primarily, of agro residue along with coal with effect from one year of the date of issue of this guidelines.
CBDT exempts certain classes of person from furnishing return of income.
CBDT grants Exemption to class of persons from the requirement of furnishing a return of income for the assessment year 2021-2022
Government of A.P Revises rates of consideration to be paid for obtaining lease over mineral quarries
The Consideration depends on seigniorage fee. The seigniorage fee and other fees shall be paid in addition to consideration to obtain lease.
Advisory to E-Commerce platforms to ensure grievance redressal
Every marketplace e-commerce entity is required to provide in a clear and accessible manner, displayed prominently to its users at the appropriate place on its platform, all information provided to it by sellers including the name and contact numbers, and designation of the grievance officer for consumer grievance redressal or for reporting any other matter.
