Directions for Asset Management Companies Participating as Financial Information Providers in Account Aggregator framework
There shall be adequate safeguards built in IT systems of FIPs in the securities markets to ensure that it is protected against unauthorized access, alteration, destruction, disclosure or dissemination of records and data. The FIPs in the securities markets shall also abide by the code of conduct as specified in the SEBI regulations applicable to them, including redressal of grievances of the customers.
SEBI Settlement Scheme 2022
The terms and conditions of the Scheme, 2022 shall be available on the respective websites of SEBI and BSE on August 22, 2022. The Scheme shall commence on August 22, 2022 and end on November 21, 2022 (both days inclusive) or such other date as approved by the Competent Authority.
National Strategy on Additive Manufacturing (NSAM)
All Higher Educational Institutions (HEIs) and its affiliated colleges/institutions shall explore and initiate suitable programmes to adopt the “National Strategy on Additive Manufacturing (NSAM)”.
DCA publishes draft amendment to Legal Metrology (Packaged Commodities) Rules, 2011
The amendment seeks to introduce a provision that mandates the package to have a declaration of two or more prime constituents of the commodity with the Brand Name/Logo in case the commodity contains more than one constituent.
BSE clarification on the Brokerage, Statutory & Regulatory Levies
It is clarified that the maximum brokerage on options contracts shall not exceed 2.5% of the premium amount of Rs. 100/- (per lot) whichever is higher. The trading members can charge brokerage for option contracts only on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
Footwear Made from all Rubber and all Polymeric Material and its Components (Quality Control) Amendment Order, 2022
The amendment exempts the micro and small manufacturing units as defined in section 7 of the Micro, Small and Medium Enterprises Development Act, 2006 from the scope of the Footwear Made from all Rubber and all Polymeric Material and its Components (Quality Control) Order, 2022.
Extension of last date to apply for the Implementation of Product Linked Incentive (PLI) Scheme for Specialty Steel
The last date for receipt of applications for the Product Linked Incentive (PLI) Scheme for Specialty Steel has been extended to September 15, 2022.
Draft Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Labor Management Procedures
draft on Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Labor Management Procedures (LMP) to improve the quality and governance of technical education and enhance the educational environment and improve employability skills through advancements in learning structures
Concessional basic customs duty (BCD) for import of Display Assembly for use in the manufacture of a cellular mobile phone
Meity has allowed that the Display Assembly of a cellular mobile phone may be imported with or without the back support frame of metal/plastic fitted in the assembly.
Income-tax (27th Amendment) Rules, 2022
The amendment provides that the statement in Form No. 67 shall be furnished on or before the end of the assessment year relevant to the previous year regarding income that has been offered to tax or assessed to tax in India along with the return for such assessment year.
