Enhancing Quality Standards: Amendments to General Grading and Marking Rules in Agriculture
In a significant move towards bolstering quality standards in agriculture, the Department of Agriculture and Farmers Welfare has proposed amendments to the General Grading and Marking Rules. Published in a recent notification, the amendments aim to refine the existing framework established under the Agricultural Produce (Grading and Marking) Act of 1937.
CERC extends operational period of Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020
The Commission hereby further extends the period of applicability of the said regulations till 30th June, 2024 or notification of the Regulations by the Commission for the next control period, whichever is earlier.
CBIC extends due date to file FORM GSTR-1 for the tax period March, 2024
CBIC vide circular dated 12th April, 2024 has announced that the time limit for furnishing the details of outward supplies in FORM GSTR-1 for the tax period March, 2024, shall be extended till the twelfth day of April, 2024.
Government takes measures to operationalize Gas-based Power Plants to help meet Summer Electricity Demand
As per the arrangement, GRID-INDIA will inform the Gas-based Generating Stations in advance, of the number of days for which Gas-based power is required. Gas-Based Generating Stations holding Power Purchase Agreements (PPAs) with Distribution Licensees shall first offer their power to PPA holders. If the power offered is not utilised by any PPA holder, then it shall be offered in the power market. Gas-Based Generating Stations not tied to PPAs must offer their generation in the power market. A high-level committee headed by Chairperson, Central Electricity Authority has been constituted to facilitate the implementation of this direction.
IFSCA Shares Insights at HSBC Global Investment Summit 2024
The HSBC Global Investment Summit serves as a premier platform for thought leaders and industry experts to exchange insights on global economic trends. This summit, convened in Hong Kong from April 8-10, has attracted over 2,500 delegates worldwide to delve into key themes shaping the global economy.