CBIC exempted production of petroleum crude for export from the Special Additional Excise Duty
This notification shall come into force on the16th day of May, 2023.
Guidelines for Special All-India Drive against fake registration
A Special All-India Drive may be launched by all Central and State Tax administrations during the period 16th May 2023 to 15th July 2023 to detect suspicious / fake GSTINs and to conduct requisite verification and further remedial action to weed out these fake billers from the GST eco-system and to safeguard Government revenue.
IRDAI mandates insurance for oocyte donors for surrogacy
The coverage shall be for an amount which is sufficient enough to cover all expenses for all complications arising due to oocyte retrieval.
IRDAI constitutes an Expert committee for matters related to mental health
A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects. Therefore, it has been decided to constitute a committee of experts to advise IRDAI on matters related to mental health and insurance.
Centre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA Register
The C-PACE institution shall be in operation through the Registrar of Companies (RoC) for the purposes of exercising functional jurisdiction of processing and disposal of applications for corporate exit.
Rehabilitation Council of India Spearheads Transformation in Education with National Workshop on Inclusive Learning
In light of NEP 2020, RCI has decided to organize a two-day national workshop aimed at implementing the various provisions relevant to promoting human resource development in special education and the disability sector. This workshop is scheduled to take place on 16th-17th May 2023 at Dutt Sports Club, Mandala Road, Jabalpur, Madhya Pradesh.
Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023
The amendment provides that when a scheme for merger is submitted and where no valid objection or suggestion is received within a period of thirty days of receipt of copy of scheme, from the Registrar of Companies and Official Liquidator by the Central Government and the Central Government is of the opinion that the scheme is in the public interest or in the interest of creditors, it may, within a period of fifteen days after the expiry of said thirty days, issue a confirmation order of such scheme of merger or amalgamation in Form No. CAA.12.
