Transforming Gujarat: A Strategic Alliance for AI Leadership
In a significant stride towards Gujarat’s ambition to emerge as a premier hub for innovation and investment in the digital economy, a pivotal partnership agreement was recently inked between the State Department of Science and Technology and Intel Corporation.
Introduction to e-Aushadhi Portal by Kerala Government
The Kerala Ayurveda Siddha Unani Medicine State Licensing Authority has issued a circular mandating that all applications for services provided by the Drugs Control Ayurveda Department, such as drug manufacturing licenses and loan licenses, must now be submitted through the e-Aushadhi Portal.
Simplified Procedures for Tamil Nadu SDL 2024 Bondholders
Investors holding the 9.02% Tamil Nadu State Development Loan (SDL) 2024 are informed about the forthcoming repayment process, ensuring a seamless transaction without any interest accruing after August 13, 2024.
From Paper to Pixels: Puducherry Mandates Digital Factories Act Returns
In a bid to streamline administrative processes and reduce compliance burdens, the Government of Puducherry has issued an order mandating the submission of half-yearly returns under the Factories Act, 1948, through online channels only.
MoHFW Notifies New Draft Drug Rules (….Amendment),2024
On July 10, 2024, the Ministry of Health and Family Welfare proposed amendments to the Drugs and Cosmetics Rules, 1945, focusing on Schedule G drugs:
Rule 74: Includes Schedule G drugs in specific regulatory requirements.
Rule 74A: Adds guidelines for manufacturing and distribution of Schedule G drugs.
Rule 74B: Specifies safety measures for Schedule G drugs.
Rule 78: Strengthens oversight in licensing and registration for Schedule G drugs.
Rule 78A: Details responsibilities for manufacturers and distributors of Schedule G drugs.
Govt. Of Haryana Issues Latest Stamp Rule Amendments
On July 9, 2024, the Government of Haryana issued the Punjab Stamp (Haryana Amendment) Rules, 2024. Key updates include:
Court Fee Stamps: No single stamp can exceed Rs. 20,000 in value.
E-Stamps: E-stamps are limited to Rs. 20,000, and vendors can sell e-stamps only up to Rs. 100 in denomination.
Rule 28 & Rule 33: The maximum value of stamps for issuance or sale has been increased from Rs. 10,000 to Rs. 20,000.
MCA Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Amendment Order, 2024
MCA provides that those specified companies which are having payments pending to any micro or small enterprises for more than 45 days from the date of acceptance or the date of deemed acceptance of the goods or services under section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 shall furnish the information in MSME Form-I.
MCA revises Form No. MGT-6 & BEN 2
MCA revises Form No. MGT-6 & BEN 2 with immediate effect.
UGC has prohibited sales of unhealthy foods in educational institutions
The Higher Education lnstitutions (HEls) are once again requested to implement the prohibition of sales of unhealthy foods in educational institutions and promote healthy food options in canteens to curb the ongoing epidemic of NCDs effectively by reducing the consumption of unhealthy ultra processed of HFSS foods.
Revised Master Directions on Fraud Risk Management in the Regulated Entities
These Master Directions have been prepared based on a comprehensive review of the earlier Master Directions, Circular and emerging issues. These Master Directions are principle-based and strengthen the role of the Board in overall governance and oversight of fraud risk management in the Regulated Entities (REs).
