UGC clarification regarding publishing of map of lndia in conformity with maps provided by survey of lndia
Whosoever publishes a map of lndia, which is not in conformity with the maps of lndia as published by Survey of lndia, shall be punishable with imprisonment which may extend to six months, or with fine, or with both.
IFSCA has signed the Enhanced Multilateral Memorandum of Understanding of the International Organization of Securities Commissions (IOSCO)
Considering the interconnectedness of the securities markets at the IFSC with other jurisdictions, the IOSCO EMMoU will ensure effective cross-border enforcement of the securities laws and will contribute towards maintaining the integrity of securities markets and safeguarding the interest of investors in the IFSC.
IFSCA Report of Working Group for the Development of Non-Resident Individual (both Indian as well as Foreign) Business and Ease of Registration
IFSCA has issued a Report of the Working Group for the Development of Non-Resident Individual (both Indian as well as Foreign) Business and Ease of Registration to undertake Global benchmarking of 3 financial centres with larger Non-Resident Individual businesses.
UGC directions for promotion of Public Private Partnership (PPP) beginner’s e-course among official dealing with infrastructure projects.
The Higher Educational Institutions are requested to widely disseminate the information and request students, faculty members and other staff to join this course.
Karnataka Government Amends Tax Exemption for Electric Vehicles
The notification from the Karnataka Government Secretariat, announcing an amendment to The Karnataka Motor Vehicles Taxation Act 1957 regarding tax exemption for electric vehicles, exempting all electric non-transport and transport vehicles from taxes, except for specific categories with a cost exceeding Rs. 25.00 Lakhs.
New Escalation Rates for Power Procurement and Bid Evaluation From Renewable Energy & Thermal Power Projects
The Annual Escalation Rates are applicable for the period from April 1, 2024 to September 30, 2024 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered. Additionally, CERC has also notified the Annual Escalation Rates applicable for bids opening from March 31, 2025 for the purpose of bid evaluation.
NPPA Revises Ceiling Price Of Budesonide (A) +Formoterol (B)
Now, by the present corrigendum NPPA has revised the ceiling price for Budesonide (A) +Formoterol (B). The ceiling price has now been fixed as Rs. 6.95/ per dose. This applies to the dosage in the form of Inhalation (DPI) 400mcg(A) +6 mcg (B).
NPPA Fixes Ceiling Price of New Drugs and Scheduled Formulations
The National Pharmaceutical Pricing Authority (NPPA) has set maximum prices for certain new drug formulations made by specific companies. Additionally, NPPA has also fixed ceiling prices for certain scheduled formulations. The ceiling prices specified are exclusive of GST and apply to the respective dosage forms, strengths, and units detailed in the entries.
Changes In Approval Process for Public Sector Solar Parks
Central Public Sector Undertakings (CPSUs) and Joint Ventures of CPSUs are now exempt from State Government Committee approval for Detailed Project Reports (DPRs) and charges. State Government PSU’s DPRs and related charges still require approval from the state’s Department of Power, Energy, or Renewable Energy. The existing process remains unchanged for private developers.
Regulation Against Excessive And Irrational Use Of Antibiotics
State Licensing Authorities (SLAs) are required to submit a list of all licensed antibiotic combinations within two weeks. They shall also monitor their jurisdiction for the presence of unapproved antibiotic combinations and take action against violators. SLAs shall also report any unapproved combinations to the CDSCO on a priority basis.
