DGFT extends the period of export of broker rice till 30th November 2022.
In order to ensure adequate availability of broken rice for consumption by domestic poultry industry and for other animal feedstock; and to produce ethanol for successful implementation of EBP program, Govt. of India has amended the export policy of broken rice (under HS Code 10064000) w.e.f 9th Sep, 2022 from “Free” to “Prohibited” with certain relaxations during the period 9th-15th Sep, 2022.
Ministry of Communication Invites comments on the draft Indian Telecommunication Bill, 2022.
The Bill recognizes the globally established principle of exclusive privilege of the Central Government in relation to telecommunication services, telecommunication network, telecommunication infrastructure and spectrum.
Union cabinet approves National Logistics Policy.
This policy paves way for reduction in logistics cost in the country. Focus will be on enabling adequate development of warehouses with optimal spatial planning, promotion of standards, digitization and automation across the logistics value chain and better track and trace mechanisms.
SEBI permits REITs and InvITs to issue commercial Paper.
Commercial Paper or CP in market parlance refers to a short-term debt instrument issued by companies to garner funds generally for a time period up to one year.
Multi-lingual audio notification facility in MANI (Mobile Aided Note Identifier) App
This App, which identifies the denomination of banknotes through audio notification in Hindi and English, is now capable of notifying the banknote denomination in 11 other languages (Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu).
Clarification regarding the National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021
It is clarified that Standalone P.G institutes imparting Diploma Centralized Entrance Test training and Non-Teaching hospitals shall not offer Compulsory Rotating Medical Internship after commencement of National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021.
Insolvency and Bankruptcy Board of India (Information Utilities) (Second Amendment) Regulations, 2022
The amendment provides that where an information utility generates turnover amounting to Rs. 75 crore in the financial year 2022-23, it is liable to pay fee of Rs. 7.50 crore to the Board on or before 30th April 2023.
Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Third Amendment) Regulations, 2022
The amendment has provided that where the insolvency professional is an insolvency professional entity, it shall pay to the Board, a fee calculated at the rate of one percent of professional fee earned for the services rendered as an insolvency professional in the preceding financial year on or before the 30th day of April every year, along with a statement in Form G.
