FSSAI Re-Operationalizes Licensing and Registration Amendment Regulations 2021.
The Food Authority may empanel individuals/companies/organisations to facilitate the food business operators in applying for Registration/License and the related activities such as modifications, and submission of annual returns and annual declaration with such terms and conditions as may be determined by the Food Authority under regulation 2.1.21.
SEBI notifies guidelines for large value for Accredited Investors under SEBI (Alternative Investment Funds) Regulations, 2012.
Pursuant to the introduction of framework for “Accredited Investors” in the securities market, SEBI (Alternative Investment Funds) Regulations, 2012 have been amended to provide certain relaxations from regulatory requirements to ‘Large Value Fund for Accredited Investors’ (LVF)
The Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022.
The Goods and Services Tax (Compensation to States) Act, 2017 provides for compensation to states for any loss in revenue due to the implementation of GST. The Act allows the central government to levy a GST Compensation Cess on the supply of certain goods and services. The receipts from the cess are deposited to a GST Compensation Fund. The amount deposited in the Fund is used to compensate states for any loss in revenue following the implementation of GST.
SEBI extends the timeline for validation of KYC records by KRA.
As per clause 9 of SEBI KYC (Know Your Client) Registration Agency (KRA) Regulations, 2011. The KYC records of all existing clients (who have used Aadhaar as an officially valid document (OVD) shall be validated within a period of 180 days from August 01, 2022. and for those clients who have completed KYC using non-Aadhaar OVD, their records will be validated only after they have given their Aadhaar number.
Reduced the timelines for listing of units of privately placed Infrastructure Investment Trust (InvIT)
As a part of the continuing endeavor to streamline the process of allotment and listing of units, it has been decided to reduce the time taken for allotment and listing of units of privately placed Infrastructure Investment Trust (InvIT), after the closure of issue to six working days as against the present requirement of thirty working days.
PCI directs all pharmacy institutions to submit consent form and NOC for Pharmacy courses along with online SIF
All pharmacy institutions to download consent of affiliation of examining authority for B. Pharm and D. Pharm courses for the academic session 2022-2023 and to submit the same along with online SIF.
ESI Act extended to Thoothukudi district in the State of Tamil Nadu
ESI Act extended to Thoothukudi district in the State of Tamil Nadu starting from 1st July, 2022.
RBI clarification on Tokenisation of Card Transactions: Permitting Card-on-File Tokenisation (CoFT) Services
It has been decided to extend the timeline for storing of CoF data by three months, i.e., till September 30, 2022, after which such data shall be purged.
