NSE Revises list of Approved Securities and Approved Banks in Commodity Derivatives Segment

The revised list of approved securities, GOI securities, open ended mutual funds, corporate bonds and list of approved banks for issuance of bank guarantees (BG)/fixed deposit receipts (FDR) comprises 7 annexures enumerated in the Circular.

Heal in India Initiative

Under this scheme, financial assistance in the form of Interest Subsidy is provided to private investors for the establishment of Super Specialty Hospitals/ Day Care Centers of the systems recognized under The National Commission for …

PMFME scheme to support setting up of 2 lakh micro food processing enterprises through credit linked subsidy

Under component schemes of PMKSY, MoFPI provides mostly credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing industries. The projects completed under component schemes of …

Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) to facilitate expansion of food processing capacity by creating champion brands in Food Processing Sector

Under component schemes of PMKSY, MoFPI provides mostly credit linked financial assistance (capital subsidy) in the form of grants-in-aid with total outlay of Rs 4600 Cr for 15th Finance Commission Cycle.

Advisory for the taxpayer wishing to register as “One Person Company” in GST

It is advised that in the ‘Part B’ of GST Registration Form ‘REG-01’, applicant may select (Constitution of Business under ‘Business Details’ tab using dropdown list) option “Others”, if the taxpayer wants to register for …

NCLT clarifies that just because a creditor enjoys security interest, it cannot be treated higher than other creditors who have financed the Corporate Debtor

Tribunal clarified that such creditors are treated differently, then all secured creditors would dissent in the CoC.

Stocking small quantities of medicine will not amount to the offence of unauthorized stocking of medicines as per Section 18(c) of Drugs and Cosmetics Act 1940

A Two Judge Bench of the Supreme Court comprising of Justice Sudhanshu Dhulia and Justice Krishna Murari recently passed a Judgment dated 15-03-2023 in the matter of S. Athilakshmi vs The State represented by the …

Draft Guidelines for the Introduction of courses based on Indian heritage and culture

The instant scheme has been conceived by the UGC to realign acquaintances from various countries worldwide with this Indian Knowledge system and cultural heritage. There will be short term multi-tier credit based modular programme with …

Draft Guidelines for Empanelment of Artists/Artisans–in–Residence in Higher Educational Institutions

In order to recognize the intellectual and creative talent in various art forms and crafts available within the country which are not formally connected to mainstream academia, these guidelines lay down an integrated initiative to …

NMC directs Medical Colleges to furnish Bank Guarantees on Structural Financial Messaging System Platform

The National Medical Commission (NMC) has directed that medical colleges shall furnish bank guarantees solely on Structural Financial Messaging System Platform (SFMS) Platform. Henceforth, ordinarily, a physical bank guarantee will not be accepted. Only in …

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