The Karnataka Municipal Corporations and Certain Other Law (Amendment) Ordinance, 2021.
Through this ordinance, a new section 299A has been notified which deals with Levy of imposts, restrictions and conditions in respect of Bruhat Bengaluru Mahanagara Palike.
The National Medical Commission (Foreign Medical Graduate Licentiate) Regulations, 2021.
The guiding principle for licensing a foreign medical graduate to practice in India is to ensure that the Foreign Medical Graduate fulfils the requirements of education and training equivalent or commensurate with that of an Indian medical graduate.
SEBI issues clarification on AIF norms amendment.
It is specified that the requirement of appointment of custodian, as provided under Regulation 20(11)of AIF Regulations, shall be applicable if the sum of corpus of the AIF and the value of the Co-investment managed by the Manager of the AIF as Co-investment Portfolio Manager is more than five hundred crore rupees.
Government notifies 12 percent GST rate on MMF, Yarn, Fabrics from 1st January.
The GST on MMF, MMF Yarn and MMF Fabrics were 18%, 12% and 5% respectively. The taxation of inputs at higher rates than finished products created build-up of credits and cascading costs. It further led to accumulation of taxes at various stages of MMF value chain and blockage of crucial working capital for the industry.
CCPA has initiated a country-wide campaign to prevent sale of spurious and counterfeit goods that violate Quality Control Orders published by the Central Government.
Central Consumer Protection Authority (CCPA) has already issued directions to district collectors across the country to investigate unfair trade practices and violation of consumer rights concerning manufacture or sale of such goods. Essential, daily use products which have been identified for the campaign are Helmets, Pressure Cooker and Cooking Gas Cylinders.
The National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021
No medical graduate shall be eligible to permanent registration to practice medicine in India unless he undergoes the compulsory rotating medical internship in India.
National Medical Commission (Prevention and Prohibition of Ragging in Medical Colleges and Institutions) Regulations, 2021
Every medical college or institution shall comply with the anti-ragging directions and submit a compliance report to the Commission annually in the format provided in Form III.
