Ministry of Heavy Industries launches Automated Online Data Transfer for capturing critical data related to Domestic Value Addition (DVA) from the PLI applicant’s ERP system to PLI Auto Portal.

The scheme incentivizes only those eligible AAT products for which minimum 50% Domestic Value Addition (DVA) is achieved. Pre-approved eligible product with minimum 50% domestic value addition will be eligible for incentive under this scheme. This criterion shall reduce imports from outside India, enable deep localization for AAT productsin India and enable Indian Automotive Industry to important player of global supply chain.

Uttar Pradesh Solar Energy Draft Policy -2022.

State Government will facilitate installation of Solar PV Rooftop systems across the State .It will facilitate Net metering in Residential, Government/Govt owned Public Sector Institutions and all Educational institutions across the State. It proposes to establish “Solar Cities” across the State with emphasis on Solar Rooftops and other allied off-grid solar installations.

The Income-tax (24th Amendment) Rules, 2022.

The books of accounts and other documents specified above may be kept in written form or in electronic form or in digital form or as print-outs of data stored in electronic form or in digital form or any other form of electromagnetic data storage device and shall be kept and maintained for a period of ten years from the end of the relevant assessment year.