The government of Tamil Nadu has issued guidelines on restarting factories involving hazardous process post lockdown
The Directorate of Industrial safety and health of Tamil Nadu has issued certain guidelines and directives to be followed by all factories handling hazardous process / dangerous operations registered under the Factories Act, 1948.
Government of Bihar to provide relaxation with respect to certain measures under Bihar Goods and Services Tax (Amendment) Ordinance, 2020
The Bihar Goods and Services Tax (Amendment) Ordinance inserts a new Section 168A which empowers the government to extend the time-limit specified or prescribed in respect of actions which cannot be completed or complied with due to force majeure.
Food manufacturers can modify their licenses before 31st December 2020 under the new portal
The Food Safety and Standards Authority of India vide its notification dated 28th May 2020 has modified the selection process for standardized products while manufacturers/Processors apply for FSSAI license.
FSSAI to launch a food safety and compliance system from 1st June 2020 in selected states
FSSAI launches a food safety and compliance system (FoSCoS) by replacing the existing food licensing and registration system. FoSCoS is conceptualized to provide one point stop for all engagement of FBO with the department for any regulatory compliance transaction.
RBI to withdraw 7.75% savings (Taxable) Bond scheme from 28th May 2020
The Reserve Bank of India vide its press release dated 27th May announced 7.75% savings Bond Scheme from 28th May 2020.
DGFT includes Gopalpur port as a port of registration
The Director General of Foreign Trade in its notification dated 22nd May 2020 has included Gopalpur Port as a port of registration under Sea Ports.
Union Cabinet nods for modification in the existing “Partial Credit Guarantee Scheme (PCGS)”
The Union Cabinet vide 20th May 2020, approved the norms for modification of Partial Credit Guarantee Scheme (PCGS)
NSE allows stock exchanges to launch options on Gold in the commodity derivatives segment
The National Stock Exchange of India launched ‘Gold Option’ in commodity derivative segment. This shall be effective from June 08,2020
Contribution to PM CARES Fund included as CSR activity
Contribution to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is inserted to the schedule providing activities which may be included by companies in their Corporate Social Responsibility Policies. This notification shall be deemed to have come into force on 28th March, 2020.
Cabinet approves “Scheme for the formalisation of Micro Food Processing Enterprises (FME)”
The Union Cabinet vide its notification dated 20th May 2020 has approved Scheme for Formalisation of Micro Food Processing Enterprises(FME) for the unorganized sector.
