The government of Bihar revises minimum rates of wages for 69 Schedule Employments.
The Minimum wages has been revised on the suggestion made by the Minimum wage advisory board on 23.03.2022 by adding 15% additional after the 34% neutralization in the consumer price index, so that actual wages may increase.
ESIC extends medical benefits to the insured persons in Bajali district in the state of Assam.
As per regulation 95-A, The family of an insured person shall become entitled to medical benefit from the day the insured person himself becomes entitled to medical benefit and shall continue to be so entitled so long as the insured person is entitled to receive medical benefit for himself, or in the case of death of the insured person till such date upto which the insured person would have remained entitled to medical care, had he survived.
Ministry of Finance notifies discount on the Sovereign Gold Bond Scheme 2022-23.
The Gold Bonds issued under this Scheme can be invested by a Trust, HUFs, Charitable Institutions, Universities, or an individual resident in India, individual, or on behalf of a minor child, or jointly with any other persons.
FAQ on section 194R of the Income tax Act, 1961
It is clarified that the deductor is not required to check whether the amount of benefit or perquisite that he is providing would be taxable in the hands of the recipient. The asset given as benefit or perquisite may be capital asset in general sense of the term like car, land etc.
Clove stem can be imported subject to FSS (Food Product Standards and Food Additives) Regulation 2011
This clarification is issued considering the fact that clove stem is a potential adulterant in clove powder or masala powder.
Resident individuals are not permitted to transact/invest in BDR on IIBX through the LRS route
In this regard, it has been clarified that, resident individuals, as referred to in the RBI circular on LRS dated February 16, 2021, are not permitted to transact/invest in BDR on IIBX through the LRS route.
The Government of Andhra Pradesh notifies New Bar Policy 2022.
The license fee and annual non-refundable registration charge for each of the licenses shall be enhanced @10% every year.
CPCB notifies the list of Single Use Plastic items prohibited with effect from 1st July 2022.
To curb the supply of identified items, directions have been issued at national, state and local level. For example, all leading petrochemical industries to not supply plastic raw materials to the industries engaged in banned SUP production.
The National Financial Reporting Authority Amendment Rules, 2022.
Under this rule, the Authority shall have power to monitor and enforce compliance with accounting standards and auditing standards, oversee the quality of service.
Central Government declares continuation of status of public utility service enjoyed by the defence establishment.
The Central Government has concluded, upon expiry of the six months, that public interest requires the extension of the public utility service status enjoyed by the said industry. Central Government has thereby declared the services engaged in the defence establishment to be a public utility service for a period of six months with effect from 24th June 2022.
