Ease of doing business measures for defense companies
The Indian defence companies, which have developed products, systems, subsystems, components on their own indigenous capabilities (except critical stores), will now be allowed to own and account for their final designs and specification as AHSP.
Consultation Paper (CP) on “Issues Related to Low Power Small Range FM Radio Broadcasting”
Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper (CP) on “Issues Related to Low Power Small Range FM Radio Broadcasting”. The low-power short range FM Radio broadcasting is an effective method of sound broadcasting for services that are intended for limited locations and reception areas. Some of the examples for such services […]
Jharkhand declares the Consumer Price Index Number for Scheduled Employments
The consumer price index number has been declared for the month July 2022 up to December, 2022. The payment of variable dearness allowance on the basis of average Consumer Price Index of July-December, 2022, which is 2nd half of 2022, will be payable from 1st April, 2023.
Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Act, 2023
This Amendment Act states that any person with benchmark disability or parents or guardians of a child with a benchmark disability will be outside its scope.
Proposed Guidelines for Setting up New Petrol Pumps
The guidelines aim to restrict environmental pollution arising from setting up of new petrol pumps/ retail outlets/ fueling stations. The guidelines provide for an audit of tanks and fuel equipment by PESO. This audit would be conducted on an annual basis.
Haryana notifies procedure for submission of POSH Annual Report
The District of Gurugram of the Govt. of Haryana has issued a notification on the submission of Annual Reports under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH Act). All govt and non-govt. organizations are required to submit the annual reports for the 2022 calendar year.
SEBI Clarification regarding direct plan for schemes of Alternative Investment Funds (AIFs) and trail model for distribution commission in AIFs
Schemes of AIFs shall have an option of ‘Direct Plan’ for investors. Such Direct Plan shall not entail any distribution fee/placement fee.
Guidelines with respect to excusing or excluding an investor from an investment of AIF
An AIF may excuse its investor from participating in a particular investment subject to conditions.
Chennai Corporation announces extension of timeline for payment of property tax
The Greater Chennai Corporation has announced that the deadline for payment of property tax with a 5% incentive will be extended till April 30 as the new Act and Rules have come into force.
Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2023
The Registrar, Centre for Processing Accelerated Corporate Exit shall be the Registrar of Companies for the purposes of exercising functional jurisdiction of processing and disposal of applications made in Form No. STK-2 and all matters related thereto.