UGC launches “Stay Safe Online” Campaign
All Higher Educational institutions are requested to conduct awareness programs on cyber safety regularly through quizzes, group discussions, essay writing competitions, etc. from December 2022 to November 2023.
NSE directions to report Cyber Incident(s) for members
Members are required to report Cyber Incident(s) for the quarter ending December 31, 2022, through the member portal on or before January 15, 2023.
FSSAI extends commencement of draft Food Safety and Standards (Food Product Standards and Food Additives) Amendment Regulations
The date of implementation of Draft Food Safety and Standards (Food Product Standards and Food Additives) Amendment Regulations governing standards of Packaged Drinking Water is extended till July 01, 2023.
Clarification regarding the Due minimum benefit to be paid from the Employees’ Deposit Linked Insurance Scheme fund to the eligible family members.
A consolidated report shall be sent by Zonal Office to this office confirming that the minimum EDLI benefits have been given in all eligible cases and there are no cases of short payment.
RBI Rationalizes reporting Foreign Investment in Single Master Form (SMF) on FIRMS Portal
In cases of delayed reporting, the AD banks shall either advise the Late Submission Fee (LSF) to the applicants, which will be computed by the system or advise for compounding of contravention, as the case may be.
Gujarat Govt. amends its exemption of intra-state supplies of goods under the Gujarat GST Act, 2017
The Government of Gujarat has issued an amendment to Notification dated June 30, 2017, on the exemption of intra-State supplies of goods under the Gujarat Goods and Services Tax Act, 2017. This amendment was issued on 31st December, 2022. The amendment provides for the inclusion of Aquatic feed including shrimp feed and prawn feed, poultry feed and cattle feed, including grass, hay and straw, supplement and additives, wheat bran and de-oiled cake other than rice bran in serial in the Schedule of the notification.
U.P. Govt. clarifies on the difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to FORM GSTR-2A for FY 2017-18 and 2018-19
The Government of Uttar Pradesh has issued a clarification to deal with the difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19. This clarification was issued on January 02, 2023. the officer of the actual recipient shall intimate the concerned jurisdictional tax authority of the registered person, whose GSTIN has been mentioned wrongly, that ITC on those transactions is required to be disallowed if claimed by such recipients in their FORM GSTR-3B.
IRDAI issues notification on submission of reinsurance returns
The Insurance Regulatory and Development Authority of India (IDRAI) has issued a notification regarding the submission of reinsurance returns. This notification was issued on 3rd January, 2023. The present notification was in reference to the circular on submission of Reinsurance Returns and Programme dated 15th January, 2019. The notification contemplates amendments in the returns under the previous circular.
IRDAI issues Guidelines on the issuance of File Reference Numbers (FRN) to Cross Border Reinsurers
The Insurance Regulatory Development Authority of India, (IRDAI) has issued Guidelines on the issuance of File Reference Numbers (FRN) to Cross Border Reinsurers. The Guidelines aim at promoting ease of doing business and facilitating further development of the insurance industry.
MeitY notifies on UIDAI provision for online address update in Aadhaar based on relationship with ‘Head of Family’
The HoF-based online address update in Aadhaar is intended to help the relative(s) of a resident such as the children, spouse, parents, etc, who lack supporting documents in their own name to update their address in their Aadhaar. The applicant is required to submit documentary proof of relationship such as a Ration Card, Marksheet, Marriage Certificate, Passport, etc.. The document should mention the names of both the applicant and HOF and the relationship between them.