TRAI extends timeline for comments on its Consultation Paper
The Telecom Regulatory Authority of India (TRAI) has issued a press release extending the timeline for comments on its consultation paper “Regulating Converged Digital Technologies and Services – Enabling Convergence of Carriage of Broadcasting and Telecommunication services. .
Advice imparted on UCC Detect System to Access Providers
To curb the menace of UCC, TRAI issued the Telecom Commercial Communications Customer Preference Regulations, 2018 on 19th July 2018. It is sought that all access providers are brought together on it with respect to UCC detect solutions.
What Happens to an In-Operative PAN?
The Central Board of Direct Taxes (CBDT) has issued a notice listing the consequences of an in-operative Permanent Account Number (PAN). These consequences shall take effect from 1st July, 2023 and continue till the PAN becomes operative.
Closure of ESIC Annual Accounts by Video Conferencing
The Employee State Insurance Corporation (ESIC) has issued a notice stating that the annual accounts for the financial year 2022-2023 will be closed by video conferencing. ESIC has provided a schedule for the video conference and the main points of discussion.
CBDT extends the last date for linking PAN and Aadhaar
The date for linking PAN and Aadhaar has been extended to June 30, 2023. From July 01, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative.
Income-tax (Fourth Amendment) Rules, 2023
The amendment provides that where a person, who has been allotted the permanent account number as of July 01, 2017, and is required to intimate his Aadhaar number under sub-section (2) of section 139AA, has failed to intimate the same on or before March 31, 2022, the permanent account number of such person shall become inoperative, and he shall be liable for payment of the fee.
All Telecom Service Providers (TSPs) to report major network outages to TRAI
All incidences of major network outages affecting the telecom services to the entire consumers of a district (revenue district as defined by the Union/State Government) continuously for a period of more than 4 hours shall ne reported within 24 hours of their occurrence, in the format specified in the Direction.
Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2023
The objective of this regulation is to enable and provide flexibility to the Insurers to manage their expenses within the overall limits based on their gross written premium to optimally utilize their resources for enhancing benefits to policyholders.
Model Welfare Scheme for the BOC Workers
The Ministry of Labour & Employment had issued Model Welfare Scheme for the BOC Workers with guidelines to provide for life & disability cover, health & maternity cover, financial assistance for education of the wards of BOC Workers, transit accommodation, skill development and awareness programmes.
NSE extends the due date for Submission of Half Yearly Networth Certificate due on March 31, 2023
Members are hereby advised to submit the Half Yearly Net worth Certificate as on March 31, 2023 on ENIT by May 31, 2023.
