CERC Notifies Commencement of Clause 8 of DSM Regulations 2024
The stipulation in DSM Regulations regarding charges for deviation by way of injection of infirm power will now come into effect on December 23, 2024. Until December 22, 2024, CERC’s Order dated February 6, 2023, on charges for deviation for injection of scheduled inform power will remain in operation.
CBDT extends due date for furnishing return of income by taxpayers who have entered into international transactions
The due date for furnishing return of income for those taxpayers are extended from the 30th November, 2024 to 15th December, 2024.
International Financial Services Centre Authority (Informal Guidance) Scheme, 2024
The Scheme is aimed at providing a mechanism for seeking clarity and guidance inter-alia on various issues pertaining to a potential business activity and transactions, which are under the regulatory ambit of the IFSCA and on other legal issues emanating from the acts administered by IFSCA.
Frame work for Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC
One of the objectives of the proposed framework is to align the norms and procedures for complaint handling across the financial services in the IFSC to the extent possible. This will also promote ease of doing business, particularly for regulated entities having multiple registrations with IFSCA for undertaking various financial services in the IFSC.
National Level Database for Cooperative Societies
The data of all the Cooperative Societies from various sectors has been entered in the database by nodal officers appointed by the States/ UTs.
Onboarding of Primary Agricultural Cooperative Societies on Enterprise Resource Planning Software
In order to strengthen Primary Agricultural Credit Societies (PACS) through computerization, Government of India is implementing the Project for Computerization of functional PACS, which entails bringing all the functional PACS onto an ERP (Enterprise Resource Planning) based Common National Software, linking them with National Bank for Agriculture and Rural Development (NABARD) through State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs).
E-commerce Food Businesses Urged to Prioritize Food Safety and Compliance
E-commerce FBOs are urged to prioritize training for their delivery staff in food safety and hygiene practices. E-commerce platforms must ensure that the product information displayed online is consistent with the physical product label.
Ministry of Power Proposes Amendments to EV Charging Infrastructure Guidelines
These amendments aim to streamline the process of setting up EV charging stations and promote the widespread adoption of electric vehicles in India. In this regard, requisite comments, if any, on the aforesaid amendment is requested to be furnished to this Ministry at saket-upsc@gov.in and vikas.dhirwan@gov.in within three weeks.
Ministry of New and Renewable Energy Updates List of Approved Solar PV Modules
The update emphasizes minimum module efficiency requirements for enlistment. Solar PV modules must comply with Bureau of Indian Standards (BIS) and meet the specified efficiency thresholds.
