RBI declares that Card Network that enables businesses to make card payments through certain intermediaries to entities that do not accept card payments qualifies as payment system
Under this arrangement, the intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to non-card accepting recipients. On closer scrutiny, it was observed that this arrangement qualified as a payment system. Under the provisions of Payment and Settlement Systems (PSS) Act, 2007, such payment system requires authorization under Section 4 of PSS Act, which has not been obtained in the instant case. The activity was, therefore, without legal sanction.
Marketing & Entrepreneurship Development Programme by Government of Tamil Nadu
Entrepreneurship Development and Innovation Institute (EDII), Chennai is organizing following 3 days training programs at EDII-TN campus, Chennai. Create Your own YouTube Channel and Marketing 21.02.2024 to 23.02.2024 9.30 AM to 5.00 PM. EDP – Beautician Training 21.02.2024 to 23.02.2024 9.30 AM to 5.00 PM.
“Kerala Government Implements Initiative for Adequate Water Supply in Schools”
Public Education and Labor Department Minister said that the school authorities should ensure drinking water for the students who cannot bring drinking water. The minister was speaking at the state-level inauguration of the water bell program, which allows breaks for drinking water in schools in the face of increasing heat, at, Thiruvananthapuram.
“Collaboration Announcement: CAGI and ICAI Forge Partnership with MOU Signing”
The Office of Principal Accountant General Goa has informed that to address the gap in the availability of skilled accountants at the Local Government (LG) level nationwide, the Comptroller & Auditor General of India (CAGI) has signed a Memorandum of Understanding with the Institute of Chartered Accountants of India (ICAI) to formulate two short-term courses: Certificate course for Accountants of Panchayats and Certificate course for Accountants of Municipal Bodies.
“Goa Pavilion Honored with Special Recognition at IITF Delhi”
The Goa Pavilion has been awarded the Special Appreciation Medal for Excellence in Thematic Presentation (State), at IITF 2023 at Pragati Maidan, New Delhi. The Director of Information & Publicity, along with, Founder & CEO of the Event Management Agency, M/s Advertising Associates handed over the certificate and trophy to the Chief Minister of Goa.
Highlights from the State-Level Elocution Contest at Gujarat University, Ahmedabad
The Gujarat Cultural Elocution Competition, held at Gujarat University in Ahmedabad, was a collaborative effort of the Rashtriya Seva Yojana, Higher Education Department, and the ‘Save Culture Save Bharat’ Foundation. The primary objective was to include the youth in safeguarding and nurturing the values of Indian culture. The state-level competition winners were honored with prizes and awards by Chief Minister of Gujarat, Minister of State for Education, the founder of the ‘Save Culture Save India Foundation.
Revised Variable Dearness Allowance Rates for Workmen Employed by Contractors in Assam
The notification issued by Labour Commissioner of Assam updates on the revision of Variable Dearness Allowance (VDA) rates for workmen employed through contractors in Assam, based on the increase in the Consumer Price Index (CPI) from July 2023 to December 2023.
Reduction of Compliance Burden for Ease of Doing Business in the Use of QR Codes on LPG Cylinders
The circular issued by Chief Controller of Explosives 2qsghoutlines the permission granted for the trial use of QR codes on specific LPG cylinders, the necessity of amending Gas Cylinders Rules, 2016 to include electronic identification for high-pressure cylinders, and the compliance burdens faced by OMCs. It underscores PESO’s commitment to working for ease of doing business under the guidance of DPIIT and the process for submitting proposals for rule amendments.
Guideline for reuse of treated sewage in reference to the item of Circular Economy
The Central Pollution Control Board issued a circular on 08th February, 2024 pertaining to the Draft ‘Guideline for reuse of treated sewage in reference to the item of Circular Economy.’
CDSCO Issued Notice for Online application for Neutral Code for Manufacturing of Medical Devices for Export Purpose
The notice dated 12th February, 2024 from, CDSCO, announced the adoption of an online application process for obtaining a Neutral Code for the manufacturing of medical devices for export purposes. The document outlines the purpose of the online system, the authority responsible for issuing the Neutral Code, and emphasizes the mandatory nature of the online submission process for all stakeholders.
