UGC announces Ph.D. Excellence Citation
In an effort to promote good quality research in Indian Universities, the UGC has instituted the “Ph.D. Excellence Citation” to identify and felicitate the winners from different streams annually.
Environment Protection (Manner of Holding Inquiry and Imposition of Penalty) Rules, 2024
The Central Pollution Board, State Pollution Control Boards, Pollution Control Committees, Commission for Air Quality Management and Integrated Regional Offices of the Ministry of Environment, Forest and Climate Change, in their respective jurisdictions, through their authorized Officers, or any other persons, may file a complaint in Form-I through electronic means or speed post or by hand to the adjudicating officer regarding any contravention committed under sections 7, 8 , 9, 10 and 11 of the Act.
IFSCA (Market Infrastructure Institutions) Regulations, 2021, as amended up to November 01, 2024
The amendment provides the revised process to be followed by an applicant seeking recognition as a stock exchange or clearing corporation.
SEBI advisory on communication with SEBI Officials
All registered intermediaries/regulated entities are advised to implement measures requiring approval/clarification from SEBI only upon receipt of explicit written approval or written clarification or communication from SEBI.
CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents
CBDT Notification dated 15.10.2024 has amended the Income-tax Rules, 1962 introducing Form No. 12BAA as the prescribed statement of particulars. Employees must provide these particulars to their employers, who are responsible for making payments. The employer, in turn, shall deduct TDS on salary after taking into account the furnished particulars.
DoT Notice for seeking stakeholder inputs on the Draft for Comments of Indian Telecom Security Assurance Requirements for Network Next Generation Firewall including IPS and IDS
Stakeholders are requested to participate in the meeting & send their suggestions/comments/input e-mail addresses on or before 30.10.2024.
SEBI Consultation paper on review of requirements of alignment of interest of the Designated Employees of the AMC with the interest of the unitholders
The Securities and Exchange Board of India (SEBI) is pushing forward requirements for Asset Management Companies (AMCs), aiming to align the interests of AMC employees with those of investors. SEBI’s latest consultation paper invites public feedback on these proposals, which impact different levels of AMC employees in terms of investment requirements, lock-in periods, and disclosure obligations.
PM Electric Drive Revolution in Innovative Vehicle Enhancement
The ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)’ Scheme was recently approved by the Cabinet, came into effect on October 1, 2024, and will remain in force until March 31, 2026. The primary goal of the scheme is to accelerate the adoption of electric vehicles (EVs), develop essential charging infrastructure, and establish a robust EV manufacturing ecosystem across the country.
PM-Vidyalaxmi scheme to provide financial support to meritorious students
The Department of Higher Education will have a unified portal “PM-Vidyalaxmi” on which students will be able to apply for the education loan as well as interest subvention, through a simplified application process to be used by all banks. Payment of interest subvention will be made through E-voucher and Central Bank Digital Currency (CBDC) wallets.
Market Infrastructure Institutions (Amendment) Regulations, 2024
These amendments aim to strengthen the governance, operational integrity, and risk management protocols of MIIs, including stock exchanges, clearing corporations, and depositories. Here’s a breakdown of the key updates and their implications.
