Municipal Commencement Council Hamirpur (Property Taxation) Bye-laws, 2022

The bye-laws define various terminologies such as “Retable value”, “Unit area”, and “Unit area tax” etc. They also define an assessment list which refers to ‘all units of lands and buildings assessable to property tax under the provisions of the H. P. Municipal Act, 1994. The bye-laws also specify the Form of an Assessment list. These bye-laws were published on 4th February, 2023 and have come into immediate effect.

Govt. of Punjab amends Schedule E of Punjab VAT Act, 2005

The amendment revises the rate of tax for diesel other than premium diesel and petrol. Additionally, tax at the rate of 10% shall be added in ad valorem rates only. These fixed rates are already inclusive of additional tax at the rate of 10%.

SEBI issues Dos and Don’ts of Green Debt Securities to avoid occurrences of Greenwashing

The Securities and Exchange Board of India (SEBI) has issued a Circular on Dos and Don’ts of Green Debt Securities to avoid occurrences of Greenwashing. The Circular is issued to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. This Circular was issued on 3rd February, 2023 and came into immediate effect.

SEBI issues Circular on Manner of Achieving Minimum Public Shareholding

Previously, SEBI had permitted different methods that could be used by listed entities to achieve compliance with the minimum public shareholding (MPS) requirements under the Securities Contracts (Regulation) Rules, 1957 and the Securities and Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015. In order to help achieve MPS compliance, a few of the existing methods have been reviewed and rationalized and two additional methods have been introduced.

The Dept. of Chemicals & Petro-chemicals publicises enforcement dates of 7 QCOs

The specified Indian standards for the 7 prescribed product will be enforced on the notified dates. Stakeholders of these 7 products including producers, consumers, traders and other related Indian citizens must take note that the enforcement dates of these standards so as to ensure preparedness in advance of these QCOs.

CBDT updates its FAQs on e-Verification Scheme 2021

The updated list of FAQs consists of 24 FAQs that aim to provide general guidance in understanding the procedures and processes of the e-Verification Scheme, 2021. These are presented in an easy-to-understand manner to the extent possible, without using the technical terms.