MoHFW Notifies New Draft Drug Rules (….Amendment),2024
On July 10, 2024, the Ministry of Health and Family Welfare proposed amendments to the Drugs and Cosmetics Rules, 1945, focusing on Schedule G drugs:
Rule 74: Includes Schedule G drugs in specific regulatory requirements.
Rule 74A: Adds guidelines for manufacturing and distribution of Schedule G drugs.
Rule 74B: Specifies safety measures for Schedule G drugs.
Rule 78: Strengthens oversight in licensing and registration for Schedule G drugs.
Rule 78A: Details responsibilities for manufacturers and distributors of Schedule G drugs.
Govt. Of Haryana Issues Latest Stamp Rule Amendments
On July 9, 2024, the Government of Haryana issued the Punjab Stamp (Haryana Amendment) Rules, 2024. Key updates include:
Court Fee Stamps: No single stamp can exceed Rs. 20,000 in value.
E-Stamps: E-stamps are limited to Rs. 20,000, and vendors can sell e-stamps only up to Rs. 100 in denomination.
Rule 28 & Rule 33: The maximum value of stamps for issuance or sale has been increased from Rs. 10,000 to Rs. 20,000.
Rajasthan Finance Department Notifies New Stamp (Amendment) Rules 2024
On July 10, 2024, the Rajasthan Finance Department issued the Rajasthan Stamp (Amendment) Rules, 2024, amending the 2004 rules. Key updates include:
Full Disclosure: Accurate disclosure of all relevant facts for stamp duty.
Property Valuation: Separate market rates for land and buildings.
Registering Officer: Can inspect properties and verify details.
Government Inspections: Authorized inspections with electronic devices.
Standard Form: Required for property details, becoming part of the official document.
Rajasthan Finance Department Issues New Registration (Amendment) Rules 2024
The Finance Department of Rajasthan on July 10 , 2024, issued the Rajasthan (Amendment) Rules, 2024 to further amend the Rajasthan Registration Rules, 1955. As per the new rules – Rajasthan Registration (Amendment) Rules 2024
Rule 181 says that, when a court or authority orders the cancellation or correction of a registered document, they send a copy of the order to the registering office where it was originally registered. The registering officer then makes a note on the document itself, stating who issued the order, the date, and details of the parties involved. They also update their records to reflect these changes in the registration index.
Revised Minimum Wages to Employees/Workers in Assam
On July 10, 2024, the Government of Assam revised the Variable Dearness Allowance (VDA) and monthly wages for various sectors, including bakeries, breweries, blacksmithing, biscuit manufacturing, the film industry, canteens, cooperative societies, petrol pumps, and private hospitals.
Important Provisions Of ESI Coming into Force in Manipur
On July 10, 2024, the Ministry of Labour and Employment extended provisions of the Employees State Insurance Act, 1948 (ESI Act) to Bishnupur, Senapati, Ukhrul, Kangpokpi, Churchandpur, and Thoubal districts in Manipur. Key sections implemented include 38-43, 45A-I, 46-73, 74, 75, and 76(2-4), 82-83. This move enhances social security for employees by providing access to medical care, maternity benefits, sickness benefits, and disablement benefits
UPCL seeks public responses on new proposal under the provisions of UERC (Terms and Conditions of intra-state Open Access) Regulations, 2015
On July 6, 2024, Uttarakhand Power Corporation Limited (UPCL) invited comments on its proposal for an Additional Surcharge to cover fixed costs related to supplying electricity to Open Access Consumers from October 1, 2024, to March 31, 2025. This proposal is made under the UERC (Terms and Conditions of Intra-State Open Access) Regulations, 2015.
Maharashtra Government Clarifies GST Time of Supply for Spectrum Services
The CBIC issued a circular clarifying that the same guidelines from the June 26, 2024, circular on GST payment timing for spectrum allocation services will apply to the Maharashtra Goods and Service Tax (MGST) Act of 2017. This applies to cases where telecom operators choose to make payments in installments under the Deferred Payment Option as per the Frequency Assignment Letter (FAL) from the Department of Telecommunications.
Maharashtra provides clarity on Tax Rules on Overseas Loans
The CBIC circular confirms that the clarifications provided on June 26, 2024, regarding GST applicability on loan transactions between related parties or from an overseas affiliate to an Indian entity, where payment is made only through interest or discount, will also apply to the Maharashtra Goods and Service Tax (MGST) Act of 2017.
Draft HPERC Levy & collection of fees and charges by SLDC Amendment Regulations, 2024
On July 4, 2024, the Himachal Pradesh Electricity Regulatory Commission (HPERC) issued the Draft HPERC (Levy and Collection of Fees and Charges by State Load Despatch Centre) (Third Amendment) Regulations, 2024, amending the 2011 regulations related to the fees and charges levied by the State Load Despatch Centre.
