The Special Economic Zones (Fourth Amendment) Rules, 2022.
The Unit in the International Financial Services Centre shall file Bill of Entry for home consumption in quintuplicate giving therein, description with specially stamped endorsement as “International Financial Services Centre Cargo” along with invoice and packing list with the Authorised Officer who shall register and assign a running annual serial number and assess the Bill of Entry, on the basis of transaction value, which shall not require any counter signature of the Specified Officer;
Ministry of Defence extends the Online Building Plan Approval System (OBPAS) to five more Cantonment Boards.
eChhawani is a Citizen Centric project of Directorate General of Defence Estates, Ministry of Defence to provide online services across 62 Cantonment Boards through a common web portal in paperless, faceless and cashless manner. Online Building Plan Approval System (OBPAS) module under eChhawani was initially rolled out to enable ‘Ease of Living’ and ‘Ease of Doing Business” for residents in 17 Cantonment Boards.
SEBI extends the timeline for entering the details of the existing outstanding non-convertible securities in the ‘Security and Covenant Monitoring’ system.
The existing outstanding non-convertible securities, issuers shall ensure that they enter the details into the DLT system on or before October 31, 2022; DTs shall verify the same by December 31, 2022.
Ministry of Heavy Industry issues circular on implementation of API based on-line data transfer for FAME-II.
The online data transfer system will be applicable for those eligible e-2W OEMs having enterprise resource planning (ERP) system. Those OEM’s not having ERP system at present will always have option available to migrate to this online data transfer system or they may continue with the existing system.
Government of India amended the Legal Metrology (General) Rules, 2011 for ease of doing business and reducing the compliance burden for the industries.
Earlier in case of violations under the Legal Metrology Act, the prosecutions were initiated against the Directors of the companies even for the violation done by any establishment or branch or unit in any establishment or branch of the company. Section 49 of the Legal Metrology Act, 2009 allows the companies to nominate any of its Directors as a person responsible for the business of the Company.
Government approves amendments in FM Radio Phase-III Policy guidelines
It has been decided to remove the 3-year window period for restructuring of FM radio permissions within the same management group during the license period of 15 years. Government has also accepted the long pending demand of the radio industry to remove the 15% National cap on channel holding
