Author: LegalitySimplified

Ministry of Railways has decided to revise the procedure of payment of ex-gratia relief to the dependents of dead and injured passengers involved in Train Accidents and Untoward Incidents as defined under Section 123 read …

Read More "Ministry of Railways revises the process of ex-gratia relief payment to the dependents of dead and injured passengers involved in Train Accidents and Untoward Incidents"

To expedite the resolution process and reduce delays, the amended regulations extend the timeline for creditors to submit claims. Creditors now have 90 days from the insolvency commencement date or the date of the latest …

Read More "IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2023"

These Directions shall be applicable to the All India Financial Institutions (AIFIs) regulated by the Reserve Bank, viz. the Export-Import Bank of India (EXIM Bank), the National Bank for Agriculture and Rural Development (NABARD), the …

Read More "Master Direction – Reserve Bank of India (Prudential Regulations on Basel III Capital Framework, Exposure Norms, Significant Investments, Classification, Valuation and Operation of Investment Portfolio Norms and Resource Raising Norms for All India Financial Institutions) Directions, 2023"

A National Broadcasting Policy stipulating the vision, mission, strategies and the action points could set the tone for a planned development and growth of the Broadcasting sector in the country in the era of new …

Read More "TRAI releases Pre-Consultation Paper on Inputs for Formulation of “National Broadcasting Policy’"

CBIC declares the revised the rate of exchange of conversion w.e.f 22 September, 2023.

The recommendations provides for introduction of a new category of service provider called ‘Low Power Small Range FM Radio Broadcasting’ for provision of low power small range FM Radio.

In order to identify uncovered factories/units/establishments/employees, ROs in charges are advised to liaise with EPFO, Other Departments of the State and Central Government or their local Officers like Central Board of Secondary Education, Universities, Food …

Read More "ESIC seeks to identify unregistered establishments"

The due date of furnishing of Return of Income in Form ITR-7 for the Assessment Year 2023-24 in the case of assessees whose accounts are required to be audited, is extended from 31st October, 2023 …

Read More "Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24"

The entities are delisted because they have still not onboarded on the e-CoO platform for issuance of Certificate of Origin (Non Preferential), to complete their on-boarding by 31st August 2023.

Government is also expecting cooperation from sugar mills and traders to adhere to the relevant laws and monthly domestic quota norms. Strict action will be taken against the mills violating the same.

For coordinating with all the Divisions within the Ministry efficiently, an intra-Ministry portal has been developed. This has been the best practice of the Ministry wherein all the Divisions upload data related to the Special …

Read More "Special Campaign for reducing pending legal matters on a monthly basis"

The date for mandatory testing is now notified as 1st October 2024. It is also mandated that fitness testing of the vehicle shall be done only through automated testing station where the automated testing station …

Read More "Extension of date for mandatory testing of Transport Vehicles through Automated Testing Stations"