FSSAI issues clarification on sale of hemp seeds and seed products.
It has been clarified that the hemp seeds and seed products are standardized under sub-regulation 2.16 of the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011.
RBI issues notification on basel III framework on liquidity standards.
RBI made this announcement after banks sought clarification on treatment of SDF under the liquidity risk management framework and this circular shall be applicable to all Commercial Banks (excluding Local Area Banks, Regional Rural Banks and Payments Banks).
The Andhra Pradesh Electricity Regulatory Commission (Consumer Grievances Redressal Forum, Vidyut Ombudsman and Consumer Assistance) Regulation, 2016) Third Amendment Regulation, 2022.
The licensee shall clearly state in the application the grounds for the review accompanied by such documents and supporting data to substantiate such review. The application for review shall be filed by the licensee within thirty (30) days of the date of the order.
The Central Motor Vehicles (Nineteenth Amendment) Rules, 2022.
Every manufacturer or importer of M3 and N2 vehicle category, except Tippers and armoured vehicles, which are type approved under rule 126, with gross vehicle weight of twelve tonnes (12,000 kilograms) and above, manufactured or imported for sale in India, shall on and from the 1st day of April, 2023, shall be tested for Constant Speed Fuel Consumption standard and comply with the Fuel consumption target, notified under the Energy Conservation Act, 2001.
SEBI clarification regarding Schemes of AIFs which have adopted priority in distribution among investors
These schemes are being examined by SEBI in consultation with Alternative Investment Policy Advisory Committee, AIF industry associations and other stakeholders. Meanwhile, it is mandated that schemes of AIFs which have adopted aforesaid priority distribution model shall not accept any fresh commitment or make investment in a new investee company, till a view is taken by SEBI in this regard.
National Savings Time Deposit (Amendment) Scheme, 2022
The revised rate of interest as provided in the amended scheme shall be applicable to the deposit made on or after 1st day of October, 2022 under the Scheme.
RBI provides for Inclusion of Goods and Service Tax Network (GSTN) as a Financial Information Provider under Account Aggregator Framework
Department of Revenue shall be the regulator of GSTN for this specific purpose and Goods and Services Tax (GST) Returns, viz. Form GSTR-1 and Form GSTR-3B, shall be the Financial Information.
Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial years 2022-23 and 2023-24
In order to provide short term crop loans and short term loans for allied activities including animal husbandry, dairy, fisheries, bee keeping etc. upto an overall limit of ₹3 lakh to farmers through KCC at concessional interest rate during the years 2022-23 and 2023-24, it has been decided to provide interest subvention to lending institutions viz. Public Sector Banks (PSBs) and Private Sector Banks (in respect of loans given by their rural and semi-urban branches only), Small Finance Banks (SFBs) and computerized Primary Agriculture Cooperative Societies (PACS) which have been ceded with Scheduled Commercial Banks (SCBs), on use of their own resources.
