NMC Calls for Verification of Seat Availability for 2024-25 Medical Courses
The NMC has called upon all medical colleges and institutions to ensure the timely verification and reporting of any discrepancies list of available seats for Under-Graduate (UG) and Post-Graduate (PG) medical courses. This will contribute to a smooth and efficient admission process for the AY 2024-25.
Meghalaya Declares April 7 a Local Holiday-Shad Suk Mynsiem
Meghalaya announces April 7, 2025, as a local holiday for Shad Suk Mynsiem in East Khasi Hills, closing government offices, courts, and schools.
Assam Revises Tax Slab Rates for Salary and Wage Earners
Assam updates tax slab rates for salary earners, with new rates effective from April 1, 2025. Tax now applies to those earning over Rs. 15,000 per month.
Chandigarh Declares New Public Holiday on April 14
Chandigarh announces April 14, 2025, as a public holiday for Dr. B.R. Ambedkar Jayanti, cancelling Good Friday and Buddha Purnima holidays.
New ER-I Report Submission Deadline for Gurugram Establishments
Establishments in Gurugram must submit the ER-I report by April 30, 2025, through the hrsex.gov.in portal. Compliance is mandatory to avoid penalties.
Environment Reports Mandatory for CTO Applications in Assam
Assam Pollution Control Board mandates environmental monitoring reports with CTO applications for all industries and projects, effective immediately
Consultation Paper on Framework for Transition Bonds
The consultation paper seeks to address these issues by proposing a structured framework for transition bonds, offering clear definitions, standards, and regulatory guidelines to ensure these instruments can gain traction in the global market.
Amendment to the ‘Framework for Ship Leasing’
The lessor may open an SNRR account with an authorised dealer in India (outside IFSC) for its business related transactions outside IFSC.
IFSCA (Fund Management) Regulations, 2025
Under the FM Regulations, 2025, the validity period of the private placement memorandum (PPM) for Venture Capital Schemes and Restricted Schemes is 12 (twelve) months.
Fee Structure for Entities Undertaking Permissible Activities in IFSC
The circular, dated April 8, 2025, introduces a comprehensive framework for the payment of different fees associated with the application, authorization, and ongoing regulatory processes within IFSCs.