RBI increases threshold for deposits and other funds of non-financial small businesses from 5 crore to 7.5 crore.
The threshold modification is applicable to deposits and other extensions of funds received from Small Business Customers that are managed as retail exposures and are generally considered as having similar liquidity risk characteristics to retail accounts provided total aggregated funding from any such Small Business Customer is upto 7.5 crore.
Government of Tamil Nadu extends lockdown restrictions till 31st January 2022.
As part of virus containment measures, Test-Track-Treat-Vaccination-Covid-19 Appropriate Behaviour will be strictly implemented by the State and all employees in commercial establishments should have been vaccinated against Covid-19.
DGFT notifies amendment in export policy of Enoxaparin (formulation and API) and Intra-Venous Immunoglobulin (IVIG) (formulation and API).
Enoxaparin is being used for remedial mitigation of Covid associated coagulopathy (CAC). Patients with Covid-19 are at high threat of developing a venous thromboembolism (VTE). Studies have suggested that enoxaparin significantly reduces venous thromboembolism and is also associated with reduced all-cause mortality.
Extension of timelines for filing of Income-tax returns
Extension of timelines for filing of Income-tax returns, report of audit and report of accountants.
Ship lease shall qualify as financial product under IFSCA Act
It is clarified that ‘ship lease’ which shall include operating lease, and hybrid of operating and financial lease, of a ship or ocean vessel, engines of ship or ocean vessel, or any other part thereof, as a financial product.
Tripura State Goods and Service Tax (Tenth Amendment) Rules, 2021
The amendment clarifies that when a tax invoice does not mention Unique Identity Number, copy of invoice duly attested by authorized representative shall be submitted along with refund application in Form GST RFD-10 in order to obtain refund.
NMC clarification on MBBS and PG courses for academic year 2021-2022
When there is any change in seats for MBBS and PG cources, the respective medical colleges/institutions shall publish the same in their official website.
Draft Kerala Code on Wages Rules, 2021
The rules lays down revised procedure to calculate minimum wages, floor wages and manner in which records have to be maintained and forms have to be filed.
Kerala Social Security (Draft) Rules,2021.
The Rules also provides the procedure for providing maternity benefit and gratuity and collecting cess in respect of building and other construction workers. It also provide remedy for denial of gratuity and maternity benefit. Gratuity shall now be paid in demand draft or directly deposited to bank account.
Kerala Occupational Safety, Health and Working Conditions (Draft) Rules, 2021.
Every employer of a factory which engaged in handling of hazardous substances, hazardous process and carrying out dangerous operations shall be medically examined annually by Factory Medical Officer. The medical examination shall be conducted by a Medical Officer as per the proforma in Form IV.
