Review meeting on the implementation of new criminal laws
Government review meeting on the implementation of new criminal laws has mandated that a review should be conducted to ensure the utilization of the provision in the Act that allows seeking permission from the court. Home minister emphasized the need to establish a system where FIRs can be transferred between two states through the Crime and Criminal Tracking Network and Systems (CCTNS).
New Framework for imposing monetary penalty and compounding of offences
The revised framework enhances regulatory compliance by strengthening RBI’s enforcement mechanisms. Payment system operators and banks must align with these norms to ensure smooth financial operations and avoid hefty penalties. Proactive adherence to RBI regulations will not only safeguard businesses but also contribute to a robust and secure digital payment landscape in India.
Ease of doing business for IFSC units; NRIs can open special rupee accounts
A unit in an International Financial Services Centre (IFSC) may open an SNRR account with an authorised dealer in India (outside IFSC) to be used for all business related transactions of the IFSC unit.
New vision: promotion of maritime industry & seafarers welfare
The DGS’s initiative to improve the financial and mental well-being of Indian seafarers is a commendable step toward safeguarding their future. By voluntarily participating in the data collection drive, seafarers can contribute to the creation of a robust support system that benefits them and their families. With these efforts, the Indian maritime industry is set to strengthen its workforce, ensuring that seafarers receive the recognition, security, and support they rightfully deserve.
Updated Quarantine Regulations For Dried Plum & Birch, Walnut and Cherry Wood
The Indian government has amended its Plant Quarantine (Regulation of Import into India) Order, 2003, with two separate amendments published in the Official Gazette. These changes introduce new regulations for the import of dried plums from France and wood from Canada.
