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).
Central Government declares holiday on April 14th to mark Dr.B.R.Ambedkar’s birth anniversary.
The Ministry of Personnel, Public Grievances and Pensions vide its notification dated 4th April 2022 has declared 14th April, 2022 as a public holiday on account of the birthday of Dr. B.R Ambedkar, for all offices of the Central Government including Industrial Establishments, throughout India, by invoking the power under Section 25 of Negotiable Instrument […]
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.
Trimethyl Phosphite (Quality Control) Order, 2022
The Trimethyl Phosphite packages shall bear the Standard Mark under a licence from the Bureau of Indian Standards. This Order shall not apply to goods or articles meant for export.
Revised Scheme for extending financial assistance to molasses based standalone distilleries for enhancement and augmentation of ethanol production capacity
The amendment provides that the applicant for loan under the scheme should get the loan disbursed from the bank by 30th September, 2022 failing which the in principle approval for the project will stand cancelled. Further, the project should be completed within two years from the date of disbursement of first installment of loan from bank.
Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022
The amendment provides that liquidator shall endeavour to complete the liquidation process of the corporate person and submit the Final Report and the compliance certificate in Form-H ninety days from the liquidation commencement date in all normal cases.
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.
