New Recruitment Rules for Medical Device Regulatory Positions
The rules specify the number, classification, and pay level for various medical device regulatory positions. The method of recruitment, age limit, qualifications, and other eligibility criteria for each post are also outlined. Existing employees in relevant positions will be deemed to have been appointed under these new rules.
India Opens Up Offshore Areas for Mineral Exploration
The Indian government has announced the availability of several offshore blocks for mineral exploration and production. The blocks, spread across the Arabian Sea and the Bay of Bengal, are rich in various minerals, including Construction Sand, Lime Mud and Polymetallic Nodules and Crusts.
CEA Provides Key Feedback on CERC’s New Draft Amendments for Electricity Trading
The Central Electricity Authority (CEA) has submitted its comments on the Draft Order in Suo-Motu Petition No. 8/SM/2024 issued by the Central Electricity Regulatory Commission (CERC) on October 4, 2024.
Overall, the CEA’s comments emphasize the need for standardized contracts, increased transparency, and improved competition in the short-term power market.
IFSCA (Market Infrastructure Institutions) Regulations, 2021, as amended up to November 01, 2024
The amendment provides the revised process to be followed by an applicant seeking recognition as a stock exchange or clearing corporation.
SEBI advisory on communication with SEBI Officials
All registered intermediaries/regulated entities are advised to implement measures requiring approval/clarification from SEBI only upon receipt of explicit written approval or written clarification or communication from SEBI.
CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents
CBDT Notification dated 15.10.2024 has amended the Income-tax Rules, 1962 introducing Form No. 12BAA as the prescribed statement of particulars. Employees must provide these particulars to their employers, who are responsible for making payments. The employer, in turn, shall deduct TDS on salary after taking into account the furnished particulars.
DoT Notice for seeking stakeholder inputs on the Draft for Comments of Indian Telecom Security Assurance Requirements for Network Next Generation Firewall including IPS and IDS
Stakeholders are requested to participate in the meeting & send their suggestions/comments/input e-mail addresses on or before 30.10.2024.
UP Government Announces Amendment to Construction Workers’ Employment Rules: New Changes and Implications
Govt of UP issued the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) (Sixth Amendment) Rules, 2024.
New Exemption to IT and ITES Sectors: What It Means for Employers and Employees
The Government of Uttar Pradesh issued a notification regarding exemption granted for two years for the establishments related to IT and ITES in Uttar Pradesh
Annual Report Submission POSH Act, 2013: A Mandatory Compliance for Organizations in Gurugram
As per the notification ,every Government and Non-Government Organization operating within Gurugram must submit an annual report regarding the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH Act).