Multi-Source Edible Oils Grading and Marking Rules, 2023
The government has mandated the use of a Grade Designation Mark, referred to as the “AGMARK Insignia,” for all packaged Multi-Source Edible Oils. The Agricultural Marketing Adviser or authorized officers are responsible for approving the manner in which the Grade Designation Mark is affixed to or printed on each package.
MoP amends the Guidelines for Encouraging Competition in Development of Transmission Projects
The MoP now tasks the National Committee on Transmission (NCT) to allocate the task of carrying out survey report of transmission projects to the respective Bid Process Coordinators (BPCs). Prior to this amendment , the NCT would allocate the task of preparing survey report by maintaining a roster amongst agencies namely Central Transmission Utility (CTU) & BPCs.
CBDT clarification regarding TCS for LRS remittances
CBDT clarified that for first Rs. 7 lakh remittance under LRS there shall be no TCS.
CBDT extends time limits for submission of certain TDS/TCS Statements
The statement of deduction of tax for the first quarter of the financial year 2023-24, required to be furnished in Form No. 26Q or Form No. 27Q, on or before 31% July, 2023 under Rule 31A of the Income-tax Rules, 1962 (“the Rules”), may be furnished on or before 30 September, 2023.
UGC announces Digital Payments Utsav programmes
Widespread campaign may be organized for promotion of digital payments, Adoption of digital payments for all financial transactions (payments and receipts) in all Universities and colleges and for publicity of benefits of various digital payment modes, through social media and hoardings, banners, posters etc.
New center sector schemes under Pradhan Mantri Uchchatar Shiksha Protsahan” (PM-USP) for benefit of population un union territories
The Higher Education Institutions located in union Territories are requested to derive the benefits of the scheme and also to disseminate the information regarding these schemes, so that objective of these schemes can be achieved in a time bound manner.
Fee Refund Policy 2023-24
A full refund of fees shall be made by the HEIS on account of all cancellations of admission/migrations of students up to 30 September 2023 and with a deduction of not more than Rs. 1,000, as a processing fee, up to 31 October 2023.
Delhi Excise (Amendment) Rules, 2023
One of the notable changes in the Delhi Excise (Amendment) Rules, 2023, pertains to the total quantity of special denatured spirit that industrial manufacturers can store at their premises. Previously, the limit was set at 1896 kilo litres. However, this amendment now allows them to store up to 6744 kilo litres of special denatured spirit at one time.
RBI clarifications for Implementation of Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005
The entities regulated by RBI shall avoid transactions with sanctioned individuals for strict compliance of the Act.
Securities and Exchange Board of India (Ombudsman) (Repeal) Regulations, 2023
On and from the commencement of these regulations, the Securities and Exchange Board of India (Ombudsman) Regulations, 2003 shall stand repealed.
