The Central Government on 14th March, 2024 has issued the Central Motor Vehicles (Seventh Amendment) Rules, 2024. The amendment provides that the Director of Industries or Director of Transport may be nominated as the registering authority in case the State/ Union Territory does not have a position equivalent to Commissioner of Industries or Commissioner of Transport and the registering authority shall be empowered to issue Preliminary Registration Certificate, issue and renewal of Registration Certificate under this chapter for the registration of Automated Testing Stations.
RBI releases draft guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances – Projects Under Implementation’
The Comments on the draft Direction are invited from public/stakeholders by June 15, 2024 by email.