India Expands Export Routes for Essential Commodities to Maldives

The Indian government has announced the inclusion of Kandla and Vishakhapatnam seaports as additional export points for essential commodities to the Maldives. This decision aims to facilitate smoother trade between the two nations. These ports were notified on August 1, 2024.

Draft Disaster Management (Amendment) Act, 2024

The government has introduced a bill to amend the Disaster Management Act, 2005. The proposed amendments aim to enhance disaster preparedness, response, and recovery efforts across the country. This Bill was published for the notice of the general public on August 1, 2024.

Date Notified For Enforcement Of Jan Vishwas Act On Agricultural Produce Grading and Marking

The Central Government has appointed the July 31, 2024 as the official day on which provisions of the Jan Vishwas (Amendment of Provisions) Act, 2023 pertaining to amendments to the Agricultural Produce (Grading and Marking) Act, 1937 will come into force. The Jan Vishwas (Amendment of Provisions) Act, 2023 has reduced the punishment given to a person who marks any scheduled article with a grade designation mark without authorization, or counterfeits any grade designation mark or sells sells any scheduled article which is misgraded.

New GST Clarification for Banks Serving FPIs

The Government of West Bengal’s clarification on the place of supply for custodial services provided to FPIs underlines the importance of accurate tax interpretation and compliance.