Income-tax (Seventeenth Amendment), Rules, 2022
The amendment provides the details of unitholders to be maintained by a specified fund referred to in section 10.
SEBI clarification on nomination of mutual fund holders
AMCs to provide an option to the unit holder(s) to submit either the nomination form or the declaration form for opting out of nomination in physical or online as per the choice of the unit holder(s).
Medical Devices (Fourth Amendment) Rules, 2022
The amendment has exempted the requirement of Transmissible Spongiform Encephalopathies (TSEs) or Bovine Spongiform Encephalopathy (BSE) Certificates for import, if the source is from an animal species from a country of origin recognized as having negligible Bovine Spongiform Encephalopathy risk in accordance with the recommendations of the World Organization for Animal Health.
RBI publishes Draft Reserve Bank of India (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2022.
The Initial margin shall be calculated at the outset of a transaction and thereafter on a regular and consistent basis upon changes in the potential future exposure including, but not limited to, when trades are added to or subtracted from the portfolio, on occurrence of a significant market disruption, and when the Initial Margin model (if applicable) is recalibrated.
Draft Guidelines for Operationalization of Ro-Ro and Ro-Pax ferry service along the coast of India issued for Stakeholder Consultation.
These guidelines will homogenize and streamline the development and operations of ferry services, along with, promoting ease of doing business by eliminating unnecessary delays, disagreements and introducing digital interventions at customer interface.
RBI issues notification on processing of e-mandates for recurring transactions.
The e-mandate framework prescribed an Additional Factor of Authentication (AFA), inter alia, while processing the first transaction in case of e-mandates / standing instructions on cards, prepaid payment instruments and Unified Payments Interface. For subsequent transactions with transaction values up to ₹5,000/- (AFA limit), prescription of AFA was waived.
Education Ministry to recognize in-service training received by Agniveers as credits for graduation.
The Union Cabinet on 14th June, 2022 approved an attractive recruitment scheme for Indian youth to serve in the Armed Forces called AGNIPATH and the youth selected under this scheme will be known as Agniveers. AGNIPATH allows patriotic and motivated youth to serve in the Armed Forces for a period of four years. The AGNIPATH scheme has been designed to enable a youthful profile of the Armed Forces.
The Labour Ministry extends the public utility service status of uranium industry for another 6 months.
The Ministry has earlier granted an extension to the uranium industry for a period of six months, starting from 19th December 2021. This has now been extended for another six months with effect from 19th June 2022.
Draft Drugs (Amendment) Rules, 2022
Objections and suggestions, if any, may be emailed at drugsdiv-mohfw@gov.in. within 30 days of publication of this notification. The rules shall come into force on the First day of May, 2023.
The Food Safety and Standards (Vegan Foods) Regulations, 2022.
The food products to be called vegan, shall not have involved animal testing for any purpose including safety evaluation, unless provided by any Regulatory Authority.
