NPPA fixes retail price of 28 formulations under Drugs (Prices Control) Order, 2013.
Every retailer and dealer shall display price list and the supplementary price list, if any, as furnished by the manufacturer, on a conspicuous part of the premises where he carries on business in a manner so as to be easily accessible to any person wishing to consult the same.
NPPA extends price cap on liquid medical oxygen and oxygen inhalation up to March, 2022.
As per the earlier notification, medical oxygen’s price has been fixed at Rs. 15.22 per cubic meter (exclusive of GST) at manufactures’ end and its price at fillers’ end has been fixed at Rs. 25.71 per cubic meter, subject to transportation cost fixation at state level. Due to excess demand, delivery through cylinders has increased from 11% pre-Covid to 50% of current oxygen supply.
The Boiler Operation (Amendment) Rules, 2021.
The Amendment is brought under rule 30 which deals with qualifications and experience of Boiler Operation Engineer in which after 30(b) a note has been inserted.
FSSAI extends the compliance timeline under Food Safety and Standards (Food Product Standards and Food Additives) Fourth Amendment Regulations, 2018 related to the standards of packaged Drinking Water (other than Mineral Water).
As per the earlier notification the timeline for the compliance with the provision related to the limits of Calcium and Magnesium specified in the standards of Packaged Drinking Water (other than Mineral Water) was extended up to 1st January, 2021.
Central Goods and Services Tax (Tenth Amendment) Rules, 2021
The due date for furnishing annual return in Form GSTR-9 and GSTR-9C is extended from December 31, 2021 to February. 28, 2022.
Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (Second Amendment) Regulations, 2021
Subscriber shall have an option to exit from the National Pension System at any point of time and frequency by submitting a request to National Pension System Trust or any intermediary or entity authorized by the Authority for this purpose. In case of death of subscriber during the period of deferment, such deferred amount of the subscriber shall be paid in the preferential order of nominee.
Food service establishments to display disclosures in premises
The generic exemption from nutritional labeling does not exempt FBOs from requirement to display information in food service establishments.
University Grants Commission (Establishment and Operation of Academic Bank of Credits in Higher Education) (First Amendment) Regulations, 2021
The amendment provides that all Universities in India established or incorporated by or under a Central Act, a Provincial Act or a State Act; the institutions Deemed-to be Universities declared as such by University Grants Commission the Autonomous Colleges and or Institutions of National Importance as declared by Government of India are eligible to register with Academic Bank of Credits.
SEBI Board approves amendments to LODR regulations.
The Board approved a proposal to introduce provisions in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations, 2015 (“LODR Regulations”/ “LODR”) relating to appointment or re-appointment of persons who fail to get elected as directors, including as Whole-time directors or Managing Directors or Managers, at the general meeting of a listed entity.
Ministry of Textiles has finalized the operational guidelines for production linked incentive (PLI) scheme for textiles for promoting MMF.
The PLI Scheme is intended to promote production of MMF Apparel & Fabrics and Technical Textiles products in the country to enable textile industry to achieve size and scale; to become globally competitive and a creator of employment opportunities for people. The scheme is to support creation of a viable enterprise and competitive textile industry.
