The Medical Devices (Draft Amendment) Rules, 2022.
The dossier should contain a list of all materials of animal or human origin used in the device. For these materials, detailed information should be provided concerning the selection of sources or donors; the harvesting, processing, preservation, testing and handling of tissues, cells and substances of such origin should also be provided. Process validation results should be included to substantiate that manufacturing procedures are in place to minimize biological risks, in particular, with regard to viruses and other transmissible agents. Transmissible Spongiform Encephalopathies (TSE) or Bovine Spongiform Encephalopathy (BSE) Certificates should also be submitted.
UGC issues notice on Implementation of recommendations in “Reforms ln Urban Planning Capacity in India.
The Advisory Committee recommends to develop India Centric Solutions. It has been recommended that the history of human settlements in the Indian subcontinent be taught to all young planners in a manner that can help them draw learning about planning and management of ancient and medieval human settlements in India.
DPIIT registered Start-ups and registered MSMEs for Testing & Certification of Telecom Products get total exemption of testing & certification fees for their products.
In order to support and encourage ecosystem for Start-ups and MSMEs in Telecom and related ICT sector, Telecommunication Engineering Centre (TEC), the technical body under Department of Telecommunications (DOT) has incentivized DPIIT registered Start-ups and registered MSMEs for Testing & Certification of Telecom Products under Voluntary Certification Scheme of TEC by total exemption of testing & certification fees for their products.
Finance Bill, 2022
The Finance Bill, 2022 give effect to tax proposals in Budget, 2022.
CBIC grants exemptions to the requirement to credit to the electronic cash ledger
CBIC has exempted the deposits with respect to goods imported or exported in customs stations where customs automated system is not in place from the requirement to be credited to the electronic cash ledger of such person.
Faceless Inquiry or Valuation Scheme, 2022
As per the scheme, making inquiry before assessment, directing the assessee to get his accounts audited and estimating the value of any asset, property or investment by a Valuation Officer as per Income Tax Act, shall be in a faceless manner, through automated allocation.
Draft Drugs (Amendment) Rules, 2022
The draft amendment provides that in case of disinfectants, any colors which is non-staining shall be permissible to use.
SEBI notifies timeline for rebalancing portfolio of mutual fund schemes.
The mandatory rebalancing period for all mutual fund schemes except index funds and exchange-traded funds (ETFs) is 30 business days and if the portfolio of schemes is not rebalanced within the mandated time frame, justification in writing, including the details of the efforts made to rebalance the portfolio, should be placed before an investment committee.
The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2022.
For edible oils, the stock limit would be 30 quintals for retailers, 500 quintals for wholesalers, 30 quintals for retail outlets of bulk consumers i.e. big chain retailers and shops and 1000 quintals for its depots. Processors of edible oils would be able to stock 90 days of their storage/ production capacities.
PAN to become inoperative after March 2023 if not linked to Aadhar.
Rule 114AAA of the Income-tax Rules provides that if PAN of a person has become inoperative, he will not be able to furnish, intimate or quote his PAN and shall be liable to all the consequences under the Act for such failure.
