The Battery Waste Management Rules, 2022.
Online registration & reporting, auditing, and committee for monitoring the implementation of rules and to take measures required for removal of difficulties are salient features of rules for ensuring effective implementation and compliance.
MCA notifies update on MCA21 version 3.
Nine company forms (CHG-1, CHG-4, CHG-6, CHG-8, CHG-9, DIR-3 KYC, DIR-3 KYC WEB, DPT-3 and DPT-4) has been scheduled to go-live from 1st September 2022. Remaining company forms and other modules like e-Adjudication, Compliance Management System are scheduled to be fully deployed within this Calendar Year.
Centre advises edible oil producers to declare net quantity in volume without temperature in addition to declaring the same in weight.
As per the provisions made under the rules the net quantity of edible oil, vanaspati ghee etc. needs to be declared either in weight or volume and if declared in volume, then the equivalent weight of the commodity mandatorily to be declared. It is observed that industries are proactively mentioning temperature while declaring the net quantity in volume.
SEBI notifies disclosure requirement for Asset Management Companies (AMCs).
The Disclosure of Investment shall include ISIN (International Securities Identification Numbers) wise value of investment and value as percentage of assets under management (AUM) of scheme. Such disclosure shall be made on the websites of respective AMCs and on the website of AMFI, within one month from the close of each quarter.
The Drugs (Seventh Amendment) Rules, 2022.
Where an application under this rule is for the manufacture of drug formulations falling under the purview of new drug under rule 80 of the New Drugs and Clinical Trials Rules, 2019 or rule 122B, the licence to manufacture for sale or distribution of the drugs shall be granted after approval of the drug as new drug.
Simplified procedure for compounding offenses under the Customs Act, 1962
CBIC has directed the Chief/Chief Commissioners to undertake periodical comprehensive and targeted outreach programs for conveying the benefits of compounding provisions .
RBI re-issues Master Direction on Liberalized Remittance Scheme
The Master Direction provides that the received/realized/unspent/unused foreign exchange, unless reinvested, shall be repatriated and surrendered to an authorized person within a period of 180 days from the date of such receipt/ realization/purchase/acquisition or date of return to India, as the case may be.
Guidelines on manufacture/marketing of Potash Derived Molasses under Nutrient Based Subsidy Scheme
The Manufacturers of granulated Potash Derived from Molasses will be provided subsidy under the Nutrient Based Subsidy (NBS) scheme.
Extension of timeline for submission of comments on consultation Paper on new telecommunication law framework
The department has decided to extend the date to receive comments till September 01, 2022. The comments can be sent on this email ID i.e.naveen.kumar71@gov.in.
Revised National Civil Aviation Policy, 2016
The Boeing 787 aircraft is exempted from GAGAN compliances by virtue of the amendment. The exemption shall be valid till 31st December, 2025.
