Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2024

The amendment provides that the recognised stock exchange(s) and the recognised clearing corporation(s) shall disclose their shareholding pattern on their respective websites on a quarterly basis as per the requirements and format specified for listed companies in terms of the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New GST Clarification on Salvage Value in Motor Vehicle Insurance

The Government of West Bengal’s clarification on the taxability of salvage value in motor vehicle insurance claims provides much-needed guidance on GST liabilities. By delineating the conditions under which GST is applicable, this clarification helps streamline the claims process and ensures compliance with GST laws.

Government to Conduct Annual Survey of Industries

The survey will cover the entire country and gather information on various aspects such as assets, liabilities, receipts, expenses, employment, and labor costs. The Annual Survey of Industries 2023-24 will cover statistics relating to growth, composition and structure of organized manufacturing sector comprising activities related to manufacturing processes, repair services, gas and water supply and cold storage.

New Construction and Demolition Waste Management Rules to Take Effect

The Ministry of Environment, Forests and Climate Change has notified the Construction and Demolition Waste Management Rules, 2024, which will come into force on April 1, 2025. The rules aim to regulate the management of waste generated from construction, demolition, remodeling, renovation, and repair activities.

New Policy Guidelines to Control Stockholding Limit Violations

The new policy guidelines by MoCAF&PD reflect the government’s commitment to regulating the sugar industry effectively. By enforcing strict penalties for violations of stockholding limits, the government aims to protect both consumers and the industry from market distortions. As

New Amendments to the Net Metering Regulations

The DERC’s proposed amendments to the Net Metering for Renewable Energy Regulations are a positive move towards fostering a robust renewable energy ecosystem in Delhi. By easing the process for installing renewable energy systems and ensuring necessary infrastructure upgrades, these amendments aim to encourage more consumers to adopt sustainable energy solutions.