Draft Green Credit Programme Implementation Rules 2023

The main objectives of the Green Credit Programme is to create a market based mechanism for providing incentives in the form of Green Credits to individuals, Farmer Producer Organisations, cooperatives, forestry enterprises, sustainable agriculture enterprises, Urban and Rural Local Bodies, private sectors, industries and organizations for environment positive actions.

Karnataka Co-operative Societies (Amendment) Act, 2023

The proposed amendment authorizes the Registrar to create a common cadre of employees for certain classes of co-operative societies, if deemed necessary in the interest of the co-operative movement. This means that one or more federal societies, to which the concerned class of co-operative societies is affiliated, will be authorized to handle various aspects including appointment, transfer, and disciplinary actions. Where such federal society is so authorized by the Registrar, the affiliated co-operative societies shall not have powers to deal with such categories of employees except to the extent the regulations may permit.

Karasamadhana Scheme, 2023

This Scheme was introduced in order to expeditiously resolve pre-GST legacy tax disputes and to collect arrears promptly without litigation.

Bihar Biofuels Production Promotion Policy, 2023

The policy defines the eligibility criteria for different types of units and feedstocks. Standalone distilleries producing 100% fuel-grade Ethanol and CBG/bio- CNG manufacturing units are eligible for incentives under this policy. The production of Ethanol and CBG/bio-CNG from approved feedstocks mentioned in the National Policy on Biofuels, 2018, and subsequent permissions granted by the National Biofuel Coordination Committee are allowed in Bihar.

Karnataka government allows Tax exemptions under Professions, Trades, Callings, and Employments Act

Directors of companies registered in Karnataka and nominated by financing agencies owned or controlled by the State Government or other statutory bodies are eligible for tax relief, supporting their roles in public service and governance. Furthermore, members of the Armed Forces, both combatant and civilian non-combatant, governed by the Army Act, 1950, the Navy Act, 1957, and the Air Force Act, 1950, can avail tax exemptions, acknowledging their sacrifices and dedication to the nation’s security.