Extension of Time Limit for Tax Recovery: Andhra Pradesh Gazette Notification
The Andhra Pradesh Government extends the time limit for tax recovery under the Andhra Pradesh Goods and Services Tax Act, 2017. The extension allows for the recovery of unpaid taxes, short-paid taxes, or wrongly claimed input tax credit. The new time limits are specified for different financial years, ensuring a comprehensive process of tax recovery and promoting compliance and revenue collection.
Streamlining Factory Maintenance: Amendment to Chhattisgarh Factories Rules
The Chhattisgarh State Government has made an amendment to the Chhattisgarh Factories Rules, 1962, through Notification No. F-10-7/2019/16. The amendment involves the omission of Rule 53, which required white-washing and color-washing of latrines and urinals in factories and maintaining a register in Form 7. This change recognizes modern sanitary practices and provides flexibility to factories while maintaining cleanliness and hygiene standards.
Clarification regarding ESIC’s Operational Manual for Rare diseases
Nidan Kendras have been set up by Department of Biotechnology (DBT) under Unique Methods of Management and treatment of Inherited Disorders (UMMID) project for genetic testing and counselling services. These Nidan Kendras will be performing screening, genetic testing and counselling for rare diseases.
Government of Himachal Pradesh extends the closing hours of Shops and Commercial Establishments
Government of Himachal Pradesh has extended the closing hours of Shops and Commercial Establishments in the State of Himachal Pradesh covered under the Himachal Pradesh Shops and Commercial Establishments Act, from 9:00 P.M. to 11:00 P.M.
Polyester Staple Fibres (Quality Control) Amendment Order, 2023
The Polyester Staple Fibres (Quality Control) Order, 2022 shall not apply to Low Melt Polyester Fibres.
Vinyl Acetate Monomer (Quality Control) Amendment Order, 2023
The Vinyl Acetate Monomer (Quality Control) Order, 2021 shall come into force on the 29th day of February, 2024.
FSSAI to conduct PAN-India Milk & Milk Products Surveillance 2023
In order to sustain the mandate of providing safe & wholesome food for human consumption, the said survey will be initiated with an objective to assess the Milk & Milk products sold in the country for compliance of the quality and safety parameters as given in FSSR, to identify hotspots for adulteration in milk and milk products & to devise corrective actions/ strategies based on the results of the study and suggest a way forward.
NSE reminder to members for Submission of Risk Based Supervision Data for FY 2022-23
The submission of RBS data is mandatory for all active Members of the Exchange (i.e. those who have executed even a single trade during the aforementioned period). Submission is to be made electronically through the Inspection module in the Member Portal on or before due date to avoid any penal charges/disciplinary action.
FAQ for Reporting of Bank Guarantees
NSE Members need to report total BG amount as collateral with NCL across all segments with bifurcation of Total BG amount (out of client funds) as collateral and total BG amount (out of prop funds).
SEBI issues Comprehensive guidelines for Investor Protection Fund and Investor Services Fund at Stock Exchanges and Depositories
The guidelines provides that all stock exchanges and depositories shall establish an IPF. The IPF of the stock exchanges and depositories shall be administered through separate trusts created for the purpose.
