Andhra Pradesh Electricity Regulatory Commission (Fees) Regulation, 2005
This amendment aims to address the increasing establishment costs and inflation, ensuring the commission can continue to discharge its functions efficiently.
Income-tax (Thirteenth Amendment) Rules, 2023
The amendment provides that the receipt of following property need not be reported under the head of “Income from other sources”: “Any movable property, being shares or units or interest in the resultant fund received by the fund management entity of the resultant fund, in lieu of shares or units or interest held by the investment manager entity in the original fund.
MCA implements provisions of Competition (Amendment) Act, 2023
The amendment provides that the Commission may, with the prior approval of the Central Government appoint a Director-General for the purposes of assisting the Commission in conducting inquiry into contravention of any of the provisions of this act and for performing such other functions as are, or may be, provided by or under this Act.
DGFT implements the Advance Authorization Scheme under the Foreign Trade Policy
DGFT has created a user-friendly and searchable database of Ad-hoc Norms fixed in the previous years. These norms can be used by any exporter without requiring a Norms Committee review as outlined in the Foreign Trade Policy 2023.
TRAI extends due date to send comments to consultation of Regulatory Sandbox in Digital Communication Sector
Encouraging Innovative Technologies, Services, Use Cases, and Business Models through Regulatory Sandbox in Digital Communication Sector
IRDAI advices insurers to respond/assist to claims of flood victims through 24×7 helplines, special claims desks & delegated claims settlement teams
Insurers are advised to respond/assist the claimants through their 24×7 helplines, special claims desks at district level with delegated claims settlement teams for speedy processing and settlement of claims including on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence.
IRDAI directions regarding insurance claims relating to Floods in Himachal, Punjab, Haryana and Delhi regions
IRDAI advises insurers to designate a Senior Executive in each affected State or Union Territory as the Nodal Claims Officer. This officer will oversee the claims response in their respective areas, ensuring streamlined communication and swift action. The appointment of the Nodal Officer should be promptly communicated to the Chief Secretary/Officer of the concerned State to establish a direct line of coordination.
Karnataka Government (Allocation of Business) (Amendment) Rules, 2023
The amended rules reflect the state government’s commitment to ensuring that the principles of justice and human rights are integrated into the fabric of governance. One significant modification is the rebranding of the “Law Department” to the “Law, Justice, and Human Rights Department.”
Insulated Flask , Bottles and Containers for Domestic Use (Quality Control) Order, 2023
According to the Order, specified goods or articles shall comply with the Indian Standards. Additionally, these goods must bear the Standard Mark under a license from the Bureau of Indian Standards (BIS) as per the Bureau of Indian Standards (Conformity Assessment) Regulations, 2018.
Smart Meters (Quality Control) Order, 2023
The objective of this order is to promote the use of high-quality smart meters and to ensure that consumers receive accurate and reliable devices. By adhering to the prescribed Indian Standards, manufacturers will be able to enhance the overall performance and efficiency of these meters, benefiting both consumers and the energy sector.
