Initiatives taken by Department of Promotion of Industry and Internal Trade (DPIIT) to speed up patent applications and eliminate pendency
Considering the COVID-19 pandemic, officers have been provided with VPN access to avoid any delay in examination process. Also, to facilitate early disposal of applications, hearing of contested cases is done through videoconferencing, thereby removing the requirement of visiting the office by the applicant.
Reforms in Telecom Sector
Government has approved various structural and procedural reforms in the telecom sector and is implementing various schemes/projects under Universal Service Obligation Fund.
CBIC clarification regarding exemption to “light dues” collected by the Directorate General of Lighthouses and Lightships under the Lighthouse Act, 1927
There was a general practice of not levying service tax on the “light dues” collected by the Directorate General of Lighthouses and Lightships under the Lighthouse Act, 1927, and such service was liable to service tax for such period was not being paid.
Government of Kerala issues a notification regarding Bill Discounting System
The government has now issued that the scheduled date for payment of bills/Cheques in respect of Contractors/Suppliers/Accredited Agencies of all Departments/Institutions/Public Sector Undertakings for the month of December 2022 will be June 13, 2023.
Central Consumer Protection Authority issues notices against the online sale of acids
CCPA questioned the sale of highly corrosive acids on e-commerce platforms as the availability of hazardous acids can be dangerous and unsafe for consumers and the public at large.
NSE revises Volatility Scan Range (VSR) for the Options Contracts in the Commodity Derivatives Segment
NSE revises Volatility Scan Range (VSR) for the Options Contracts in the Commodity Derivatives Segment for the month of January 2023 for copper, gold and silver.
