DoT Issues New Draft Telecommunications (Adjudication and Appeal) Rules, 2024
On July 18, 2024, the Department of Telecommunications (DoT) introduced the Draft Telecommunications (Adjudication and Appeal) Rules, 2024, under the Telecommunications Act 2023. Key points include:
Adjudication and Appeals: The rules detail procedures for adjudicating officers (AOs) and appeals committees (DACs) to handle breaches of telecom licenses, radio frequency assignments, and other violations.
Enforcement: AOs, not below the rank of joint secretary, will conduct inquiries and issue orders for breaches such as unauthorized SIM usage, unlicensed radio equipment, or spam.
Government of Uttar Pradesh Issues New Minimum rates of Wages
The Government of Uttar Pradesh notified the minimum rates of wages payable to the employees employed in agricultural employment in the state of Uttar Pradesh on July 9th 2024. The Minimum Rates of Wages have been revised to Rs. 6162/- per month or Rs. 237/- per day for the following types of agricultural works, for the whole of Uttar Pradesh:
Rajasthan’s Latest Tax Clarification: Good News for Telecom Companies
On July 9, 2024, the Department of Commercial Tax in Rajasthan clarified that telecom companies can claim Input Tax Credit (ITC) on materials like ducts and manholes used in their optical fiber cable (OFC) networks.
New Notification on Input Tax Credit Reversal for Discounts
On July 9, 2024, the Department of Commercial Tax, Rajasthan, issued a notification detailing how to handle discounts given after a supply and associated ITC reversals. The update provides a mechanism for verifying compliance with the proportional reversal of ITC by recipients for discounts given through tax credit notes issued after the supply.
The New Draft Haryana IT & ITeS Policy, 2024
On July 16, 2024, the Department of Industries & Commerce, Haryana, released the Draft Haryana IT & ITeS Policy, 2024. Key objectives include:
Doubling IT Service Exports and Turnover: Aims to enhance economic growth and global competitiveness.
Job Creation: Targets the creation of 300,000 jobs in the IT/ITeS sector.
Promotion of R&D: Plans to establish Centers of Excellence to drive innovation.
Holistic Development: Seeks balanced growth across the IT/ITeS sector statewide.
Government of Rajasthan issues New clarification on Time Limit in respect of RCM Supplies received from Unregistered Persons
On July 9, 2024, the Department of Commercial Tax, Rajasthan, clarified the process for claiming Input Tax Credit (ITC) on Reverse Charge Mechanism (RCM) supplies from unregistered suppliers. The notification outlines procedural aspects and time limits for availing ITC, emphasizing compliance with invoice issuance and tax payment requirements.
Understanding the New Bihar Financial Rules: A Boost for Local Businesses
On July 16, 2024, the Government of Bihar amended the Bihar Financial Rules, 1950, through the Bihar Financial (Amendment) Rules, 2024. The key update is:
Rule 131B: The Bihar Government can now create special policies to prioritize local businesses for procurement of goods and services. These policies will take precedence over existing and future procurement rules.
FSSAI Introduces a new Kind of Business (KoB) for Direct Sellers under FoSCoS.
On July 16, 2024, the Food Safety and Standards Authority of India (FSSAI) introduced a new Kind of Business (KoB) for Direct Sellers under FoSCoS. This new KoB differentiates between Retailers and Direct Sellers.
FSSAI Issues New Labeling Rules
On July 6, 2024, the FSSAI approved an amendment to the Food Safety and Standards (Labelling and Display) Regulations, 2020. Key points include:
Enhanced Display: Total sugar, salt, and saturated fat must be displayed in bold and larger font on food labels.
RDA Information: Percentage contributions to Recommended Dietary Allowances (RDAs) for these nutrients must also be shown in bold.
Regulatory Specifications: Regulations 2(v) and 5(3) outline the requirements for serving size and nutritional information.
The Central Pollution Control Board Issues New Updates to Draft Report on Classification of Sectors in Red, Orange, Green, White and Blue Categories
On July 11, 2024, the Central Pollution Control Board (CPCB) invited comments on updates to the Draft Report on Sector Classification. Key changes include:
Revised Section 6: Updated from “Types of sectors based on their activities” to “Types of sectors considered for classification.”
New Section 9: Added after Section 8, detailing incentives for sectors adopting measures for improved environmental performance.
