FSSAI issues SOP for Mandatory Modification of old methodology License or migration state License for Manufacturing of Nutraceuticals and related products.
Only if the validity of license is remaining FBOs can get their old methodology license modified to Standard Product Selection Methodology of FoSCoS or can migrate from State License for Manufacturing of Nutraceuticals and other related products to Central License by way of modification within the validity period of license.
FSSAI Tightens its Vigil for FBOs Complying with Coffee-Chicory Mixture Labelling Norms.
The FSS (Food Products Standards and Food Additives) Regulations, 2011, clearly specifies standards for Coffee and Coffee-Chicory mixtures separately. Every package containing a mixture of coffee and chicory shall declare on its label the percentage content of Coffee and Chicory.
FSSAI issues order on implementation of FSS (food for infant nutrition) Regulations, 2020.
FSSAI has issued an order regarding implementation of FSS (Food for infant Nutrition) Regulation, 2020 and has revised the value of Manganese, Selenium, Biotin and Iron in various Standards for Infant Nutrition.
SEBI extends the timeline for implementation of Standardization of Ratings Scales Used by credit rating agencies.
SEBI in its earlier circular, advised the credit rating agencies to either align their rating scales with the rating scales prescribed under the guidelines of respective financial sector regulator or authority in terms of Regulation 9(f) of SEBI (Credit Rating Agencies) Regulations, 1999, or in absence of the same, follow rating scales prescribed by the Board vide circular dated June 15, 2011, June 13, 2019, or any other circular issued by the Board from time to time, by 31st March 2022.
Income-tax (4th Amendment) Rules, 2022
The amendment has replaced the Forms SAHAJ ITR-1, ITR-2, ITR-3, SUGAM ITR4, ITR-5, ITR-6, ITR-V and ITR- Ack.
All motor vehicles exempted from the requirement to ensure that any windscreen or window of the vehicle is made of safety glass
All motor vehicles including agricultural tractor fitted with cabin, construction equipment vehicle fitted with cabin and combined harvester exempted from the requirement to ensure that any windscreen or window the vehicle is made of safety glass.
Income-tax (5th Amendment) Rules, 2022
The amendment has replaced the Form ITR-7 w.e.f 1.04.2022.
Central Motor Vehicles (Seventh Amendment) Rules, 2022
Every manufacturer or importer of M1 motor vehicles shall on and from the 1st day of April, 2017, comply with the Average Fuel consumption Standard, notified under the Energy Conservation Act, 2001 amended from time to time.
Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2022
The amendment shall come into force on the 1st May, 2022.
Companies (Accounts) Second Amendment Rules, 2022
MCA has extended the timeline for filing of Form CSR-2 for FY 2020-21 from 31/03/2022 to 31/05/2022.