Income tax exemption to ‘Auroville Foundation
This Notification shall apply with effect from the date of publication in the Official Gazette (i.e. from the Previous Year 2024-25) and accordingly shall be applicable for Assessment Years 2025-2026 to 2029-2030.
Direct Tax Vivad se Vishwas Rules, 2024
The Direct Tax Vivad se Vishwas Rules, 2024, aim to streamline the resolution of direct tax disputes, ensuring an amicable closure of long-pending litigations. These rules, in continuation of the government’s initiative through the Vivad se Vishwas Scheme, provide taxpayers a straightforward mechanism to settle disputes by paying specified amounts.
DoT invites comments to revise DPIIT’s Public Procurement (Preference to Make in India) Order, 2017
The comments / suggestion if any may be furnished within 15 days of issue date of this notice. The comments are to be sent to email-id dirip.hg-dot@nic.in and amitupadhayay.edu@nic.in.
DoT clarification on Security certification for End of Sale (EoS) and End of Life (EoL) products
Where EoL is reached and no further modification is done by OEM, all further Security certifications are exempted.
Competition Commission of India (General) Regulations, 2024
The regulations provides the procedure to make references to CCI as well as norms for functioning of CCI.
Education and Health Ministries Join Forces to Combat Youth Tobacco Use
The joint advisory emphasizes the strict implementation of the Tobacco-Free Educational Institution (ToFEI) manual within schools, colleges, and universities. The advisory emphasizes the need for collaboration between stakeholders, aiming to protect future generations from the dangers of tobacco addiction. This includes raising awareness of its harmful effects and promoting tobacco control measures within educational institutions.
CEA Approves Two New Pumped Storage Projects in Maharashtra
CEA aims to approve at least two PSPs per month in 2024-25. The target for 2024-25 is to approve 15 PSPs with a combined capacity of 25,500 MW. CEA has also introduced an online portal, “Jalvi-store,” to streamline the processing of PSPs. Certain chapters of the DPRs have been eliminated to expedite the approval process.
FSSAI and BFDA Discuss Implementation of Food Safety Agreement
The Food Safety and Standards Authority of India (FSSAI) held a bilateral meeting with the Bhutan Food and Drug Authority (BFDA) on the sidelines of the Global Food Regulators Summit. The focus of the meeting was on implementing the “Agreement” signed between India and Bhutan in March 2024.
FSSAI and Brazil’s MAPA Sign MoU to Enhance Food Safety Cooperation
The Food Safety and Standards Authority of India (FSSAI) has signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture and Livestock (MAPA) of Brazil. This collaboration aims to strengthen food safety measures and promote bilateral cooperation in the sector.
NMC Announces Revised Performance Bank Guarantee Rates for Medical Colleges
The National Medical Commission (NMC) has announced revised rates and validity periods for performance bank guarantees (PBGs) and electronic bank guarantees (e-PBGs) for medical colleges and institutes. These changes will take effect for the academic year 2025-26 onwards.
