National Electronic Fund Management System for payment of wages for Mahatma Gandhi National Rural Employment Guarantee

Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is a demand driven wage employment programme. To ensure that Mahatma Gandhi NREGA workers receive their wages on time, National Electronic Fund Management System (NeFMS) has been put in place. Once Aadhaar is updated in the scheme database, beneficiary need not update account numbers due to change in location or change in bank account number. Money will be transferred to the account number which is linked with Aadhaar number. In case of more than one account of the beneficiary, which is rare in the context of Mahatma Gandhi NREGS, beneficiary has the choice to select the account.

District Mineral Foundation Trust exempted from Income Tax

This notification shall be deemed to have been applied for the assessment year 2023-2024 relevant to financial year 2022-2023 and shall be applicable for assessment years 2024-2025 to 2027-2028 relevant to financial years 2023-2024 to 2026-2027.

Ministry Announces Amendment to Legal Metrology Act

These amendments to the Legal Metrology Act aim to strengthen compliance and ensure adherence to standardized weight and measurement practices. The Jan Vishwas Act introduces significant changes to the Legal Metrology Act, 2009, with a focus on enhancing penalties and enforcement measures.

Govt. of Delhi publishes Safety Manual for Construction Workers

Construction work involves various occupational risks, including work at heights, excavation work, marine work, manual and mechanical handling of materials, and more. These risks are specific to the construction sector and necessitate a tailored approach to occupational safety and health management due to the temporary nature of construction sites and changing workforces.

Moratorium declared under IBC Code 2016 shall not apply to transactions, arrangements or agreements relating to aircraft, aircraft engines, airframes and helicopters

This is in furtherance of compliance with the Convention on International Interests in Mobile Equipment and the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment adopted under the joint auspices of International Civil Aviation Organization and the International institute for the Unification of Private Law concluded at Cape Town on 16th November, 2001, to which India is a signatory.