SEBI circular for Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors

The Securities and Exchange Board of India (SEBI) has issued a new circular on June 10, 2024, aimed at easing investment procedures and addressing compliance issues for existing investors in the Indian securities market. This circular, directed to various stakeholders including recognized stock exchanges, depositories, mutual funds, asset management companies (AMCs), and other related entities, introduces significant changes to the regulations concerning the submission of ‘choice of nomination’ for demat accounts and mutual fund folios.

Fee Refund Policy 2024-25

A full refund of fees shall be made by the HEls on account of all cancellations of admissions/migrations of students up to 30 September 2024 and with a deduction of not more than Rs. 1,000, as a processing fee, up to 31 October 2024.

National Award to Teachers 2024

All the Higher Education Institutions are once again requested to widely disseminate it among the stakeholders and also to nominate deserving candidates for the awards as part of institutional nomination and facilitate the faculty members with timely issuing of necessary documentations to be uploaded while applying online. It is informed that the portal, www.awards.gov. in for accepting nominations shall be live up to dated 20.06.2024 only.

EPFO Grants Deadline Extension for Aadhaar Seeding with UAN

The Employees’ Provident Fund Organization (EPFO) has announced an extension for the mandatory linking of Aadhaar numbers with Universal Account Numbers (UAN) for filing the Electronic Challan Cumulative Return (ECR). The new deadline, set for June 30, 2024, comes as a partial amendment to previous circulars issued by the EPFO.

Unlocking the Mechanics of Variable Dearness Allowance: A Detailed Insight

In a recent notification issued by the Government of Rajasthan, the Labour Department shed light on the recalibration of Variable Dearness Allowance (VDA) according to the recommendations of the Engineering Wage Board. The shift to a new series of Consumer Price Index Numbers (CPI) with a with a base year of 2016 = 100, effective from September 2020 onwards, triggered the need for adjustments.

Empowering Green Energy Consumers: Proposed Regulations for Open Access

The Delhi Electricity Regulatory Commission (DERC) is paving the way for a greener, more sustainable energy future with its latest draft regulations on Green Energy Open Access. These regulations aim to facilitate the seamless integration of renewable energy sources into the grid, ensuring fair and non-discriminatory access for consumers.

Efficiency Boost: Delhi Electricity Regulatory Commission Proposes Amendment

The Delhi Electricity Regulatory Commission (DERC) has proposed a significant amendment to enhance the efficiency of connection release in electrified areas. The draft amendment, titled the Draft Delhi Electricity Regulatory Commission (Supply Code and Performance Standards) (Fifth Amendment) Regulations, 2024, aims to streamline the process and reduce waiting times for consumers.

Empowering Renewable Energy Adoption: Draft Regulations Overview

The recent draft regulations proposed by the Delhi Electricity Regulatory Commission (DERC) outline a comprehensive framework for implementing renewable purchase obligation (RPO) and renewable energy certificate (REC) systems in the National Capital Territory of Delhi.