Ministry of Finance notifies e-Dispute Resolution Scheme, 2022.

The assesse who fulfils the specified conditions may, in respect of any specified order, file an application electronically in Form No. 34BC to the Dispute Resolution Committee designated within one month from the date of receipt of specified order or within such time from the date of constitution of the Dispute Resolution Committee.

SEBI revises UPI limits in public issue of equity shares and convertibles.

SEBI in its earlier notification, introduced the use of Unified Payment Interface as an additional payment mechanism with Application Supported by Blocked Amount (ASBA) for Retail Individual Investors and enhanced the per transaction limit in UPI from Rs. 2 lakh to Rs. 5 lakh in Initial Public Offers(IPOs).

The Bihar Prohibition and Excise (Amendment) Act, 2022.

A new section 57-A which deals with Destruction of seized Items, particularly Intoxicants and section 57B which deals with Things or premises liable to be released upon penalty has been inserted through this amendment.

UGC mandates institutions admitting international students to register on EducationlNdia Portal.

Registration on the portal by a student will be optional for browsing through the portal. However, at the time of issuing the offer of admission to any international student, the institution would ask the student to register on the portal, if not already registered, and generate a unique EducationlNdia portal ID. A student has to register on the portal only once even if he is applying/ has got offers from multiple institutions.

The Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Electricity Supply Code) (Second Amendment) Regulations, 2021.

The Amendment notifies a new clause 2.3 (41) which defines the term Initial period of agreement which means the period of six months in case of LT supply, one year in case of HT supply and two years in case of EHT supply starting from the date of commencement of supply as per agreement. The initial period of agreement shall continue till the end of Billing cycle, in which the end date of the six months/one/two year’s period expires.

Income-tax (Seventh Amendment) Rules, 2022

The amendment provides that the Central Government shall constitute a Dispute Resolution Committee for every region of Principal Chief Commissioner of Income-tax for dispute resolution.