Standardization of the Private Placement Memorandum (PPM)Audit Report

The standardized reporting format shall be hosted on the websites of the AIF Associations which are part of SFA within 2 working days of issuance of this circular. The associations shall assist all AIFs in understanding the reporting requirements and in clarifying or resolving any issues which may arise in connection with reporting to ensure accurate and timely reporting. The PPM audit reports shall be submitted to SEBI by AIFs online on the SEBI Intermediary Portal (SI Portal).

IBBI initiates a comprehensive review of all the Rules

IBBI decided to initiate a comprehensive review of all the Rules prescribed under various legislations being administered by MCA. Accordingly, Comments/ Suggestions are invited on the Rules from all the stakeholders.

IBBI clarification regarding IP compliance report

The IPs who have not submitted any compliance in relation to circular dated 28th September,2023, are hereby given an opportunity to comply with the circular dated 28th September 2023 and inform the status of the same to the IBBI electronically on the website of IBBI on or before 31st May 2024.

Central, State and Private Universities shall not require NOC from AICTE to apply for offering programmes under the disciplines of Management, Computer Application and Travel and Tourism in ODL/Online

It is informed that Central, State and Private Universities shall not require prior approval/recommendation/NOC from AICTE along with their application to UGC for offering of Undergraduate, Postgraduate and Postgraduate diploma programmes under the disciplines of Management, Computer Application and Travel and Tourism in ODL and/or Online mode. However, Deemed to be Universities shall continue to require prior approval/recommendation/ NOC of AICTE for offering of such programmes in ODL and/or Online mode, before submitting their application to the Commission.

Amendment to Time Limit for Furnishing Details of Outward Supplies under Goa

The Government of Goa has issued a notification extending the time limit for furnishing the details of outward supplies in FORM GSTR-1 for the tax period March, 2024, till the twelfth day of April, 2024. This amendment to the Goa Goods and Services Tax Act, 2017, reflects the government’s commitment to providing flexibility and support to registered persons in fulfilling their tax obligations.

Guidelines For PM-Surya Ghar: Muft Bijli Yojana

The PM-Surya Ghar: Muft Bijli Yojana initiative was launched in February 2024. It aims to install rooftop solar panels in one crore Indian homes. The Ministry of New and Renewable Energy (MNRE) is now seeking public feedback on draft guidelines on the scheme.

FSSAI Clarifies Documents Needed for Establishing Proof Of Premises

The FSSAI has noted that it receives several queries from stakeholders regarding acceptable documents to demonstrate possession of the business premises. It has, therefore, provided a list of documents that can be used to establish proof of premises for applying for FSSAI licences/ registrations