Credit Enhancement Guarantee Scheme for Scheduled Castes

The objective of the Scheme is to promote entrepreneurship amongst the Scheduled Castes entrepreneurs by providing Credit Enhancement Guarantee to Member Lending Institutions (MLIs) who shall be providing financial assistance to SC entrepreneurs. IFCI Ltd is the Nodal Agency for implementation of the Scheme for issuing the guarantee to the MLIs, who are encouraged to finance Scheduled Caste entrepreneurs. Under the Scheme, Individuals, Sole Proprietorship, Registered companies, Partnerships & Societies belonging to Scheduled Castes can avail the benefit of the scheme through MLIs for availing Term Loan/Composite Term Loan/ Working Capital facility.

CBDT clarifications regarding ITR filings

Individuals and HUFs not having income from business or profession [and not eligible for filing ITR Form-1 (Sahaj)] can file ITR-2, while those having income from business or profession can file ITR Form- 3. ITR-4 (SUGAM) is for resident individuals, HUFs and Firms (other than LLP) having total income up to Rs. 50 lakh and having income from business and profession computed under section 44AD, 44ADA or 44AE. Persons other than individual, HUF and companies i.e. partnership firm, LLP etc. can file ITR Form- 5. The companies other than those claiming exemption under section 11 can file ITR Form-6.

National Minimum standards and Protocol for Creches

This document has been prepared by the Ministry of Women and Child Development in consultation with Ministry of Labor and Employment which prescribes the national minimum standards and protocol for setting up and running of créches in India, emphasizing the institutionalization of care services to support and promote female labor force participation.

Telangana Government to allocate specific funds in the New Budget

Chief Minister of Telangana held a crucial meeting with concerned officials to discuss the efficient implementation of three key initiatives: subsidized cooking gas cylinders at Rs. 500 for the underprivileged, construction of INDIRAMMA houses, and the distribution of 200 units of free electricity. The CM emphasized swift action and instructed officials to immediately set up arrangements for two of these initiatives. Inquiring about financial requirements and beneficiary details for each scheme, CM urged the state Finance Department to allocate necessary funds in the budget. A subsequent meeting with the Cabinet sub-committee will precede a final decision before the assembly session.

Continuation of Animal Husbandry Infrastructure Development Fund

The Union Cabinet, led by the Prime Minister, has approved the extension of the Animal Husbandry Infrastructure Development Fund (AHIDF) under the Infrastructure Development Fund (IDF) for an additional three years until 2025-26. The scheme, with a budget of Rs.29,610.25 crore, aims to encourage investments in various sectors such as Dairy processing, Meat processing, Animal Feed Plants, Breed multiplication farms, Animal Waste to Wealth Management (Agriculture waste management), and Veterinary vaccine and drug production facilities.

Second Amendment In Procedure For Filing Appeal Before The Appellate Authority Regulation

Electricity Regulatory Commission hereby makes the makes the following Regulations to amend the Madhya Pradesh Electricity Regulatory Commission (Procedure for filing appeal before the Appellate Authority) Regulations 2004[G-15 of 2004]herein after referred to as “Principal Regulations”. These Regulations shall be called the “Madhya Pradesh Electricity Regulatory Commission (Procedure for filing appeal before the Appellate Authority) Regulations 2004(Second Amendment).

Karnataka Gram Swaraj and Panchayat Raj (Amendment) Act, 2023

The notification is regarding the Karnataka Gram Swaraj and Panchayat Raj (Amendment) Act, 2023, detailing the amendments made to the Karnataka Act 14 of 1993, including the insertion of specific geographical areas in section 160 and the repeal of the Karnataka Gram Swaraj and Panchayat Raj (Amendment) Ordinance, 2023.