Master Guidelines on Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT), 2022
This master guideline aims to consolidate and update guidelines on AML/CFT earlier issued by the IRDAI in 2013 and 2015 respectively, into a single Master Guidelines covering provisions of PML Act, Rules and other applicable norms (as amended from time to time).
NMC notifies guidelines for competency based postgraduate training programme for MD in general medicine.
The postgraduate specialist shall always adopt ethical principles and maintain professional etiquette in dealing with patients, relatives and other health personnel and to respect the rights of the patient including the right to information and second opinion.
The Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting General or Health Insurance Business) Draft Regulations, 2022.
As per the Draft regulation, No insurer carrying on General Insurance Business or Health Insurance Business in India, shall spend an amount as expenses of management exceeding the amount computed as lower of 30 percent or Expense Rate, multiplied by gross premium written in India in that financial year.
GSTN introduces single click Nil filing of GSTR-1.
Nil filing of GSTR-1 will not be allowed in case there is already saved records in GSTR-1. The taxpayers are advised to delete already saved records or reset GSTR-1 data by clicking RESET button available on GSTR-1 dashboard before filing NIL GSTR-1.
DGFT extends the date for mandatory electronic filing of Non-Preferential Certificate of Origin (NP CoO) through the Common Digital Platform to 31st March 2023.
However, the exporters and NP CoO Issuing Agencies will have the option to use the online system, the same shall not be mandatory till 31st March 2023. The existing systems of processing non-preferential CoO applications in manual/paper mode are being allowed.
The Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2022.
As per regulation 23 if a person has been granted a certificate of registration under the Act or regulations made thereunder, fails to comply with any conditions subject to which a certificate of registration has been granted to him or contravenes any of the provisions of the securities laws or directions, instructions or circulars issued thereunder, the Board may, without prejudice to any action under the securities laws or directions, instructions or circulars issued thereunder, by order take such action in the manner provided under these regulations.
CBIC reduces the e-invoice limit to Rs.10 crore wef 1st October 2022.
e-Invoice is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the electronic invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed by the GST Network (GSTN).
Private players can use drones for delivery purposes in accordance with Drone Rules, 2021.
Drones are required to have the necessary type certification issued by Directorate General of Civil Aviation (DGCA). No type certification is however required in case of nano drones (up to 250 gram all-up weight) and model drones made for research and recreation purpose.
The Foreign Exchange Management (Borrowing and Lending) (Third Amendment) Regulations, 2022.
Through this amendment, RBI has temporarily increased the borrowing limit of USD 750 million or equivalent per financial year to USD 1500 million or equivalent.
Ministry of Communications invites comments on the Consultation Paper on ‘Need for a new legal framework governing Telecommunication in India’.
There have been rapid advances in telecommunication technology and corresponding proliferation of licenses, registrations, authorizations, permissions etc. in the telecommunication sector. The exclusive privilege of the Government to do things necessary in the context of telecommunication to provide telecommunication services, establish and maintain telecommunication network and infrastructure, is well recognized under laws of various jurisdictions.
