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HomePPI Master Direction does not permit loading of PPIs from credit lines, clarifies RBI; non-compliance may attract penal action under the PSS Act, 2007post_cats

Category: post_cats

Industries, OPS, post_cats, PPI, states

PPI Master Direction does not permit loading of PPIs from credit lines, clarifies RBI; non-compliance may attract penal action under the PSS Act, 2007

The Reserve Bank of India (RBI), in a recent clarification w.r.t. Paragraph 7.5 of the Master Direction on PPI (“PPI-MD), states that […]

anumJune 24, 20221 min read
Industries, Mining, OPS, post_cats, states

Ministry of Mines proposes amendments to the Mines and Minerals (Development and Regulation) Act, 1957; invites comments or suggestions from stakeholders by 25th June, 2022

The Ministry of Mines has proposed amendments to the Mines and Minerals (Development and Regulation) Act, 1957 with a view to bring […]

Lexplosion SolutionsJune 21, 20222 min read
Industries, OPS, post_cats, states

Public comments invited on the draft CEA (Measures relating to Safety and Electric Supply) Regulations, 2022 till 28th July, 2022

The Central Electricity Authority (“CEA”) has published the draft of the Central Electricity Authority (Measures relating to Safety and Electric Supply) Regulations, […]

anumJune 20, 20221 min read
Haryana, Industries, LAB, post_cats, states

Haryana Government notifies conditions for employing women during night shifts (7:00 pm to 6:00 am) in any IT, ITeS, logistics and warehousing establishments etc. registered under the Punjab Shops and Commercial Establishments Act, 1958

With a view to safeguard the interest of the women workers, Government of Haryana has notified conditions for employing women in night […]

anumJune 17, 20225 min read
EHS, Gujarat, Industries, post_cats, states

Gujarat PCB implements GPS based Hazardous Waste Vehicle Location tracking system; industries/actual users to update XGN profile and vehicles transporting hazardous waste to have AIS-140 GPS device fitted

The Gujarat Pollution Control Board has implemented GPS / GIS based Hazardous Waste Vehicle Location tracking system (“VLTS”) under the Hazardous and […]

anumJune 17, 20221 min read
Industries, OPS, post_cats, states, Telecom

Broadcasting Ministry issues advisory for print and electronic media to refrain from publishing advertisements of online betting platforms owing to significant financial and socio-economic risks for consumers

Ministry of Information and Broadcasting has issued an advisory for print, electronic and digital media to refrain from advertising online betting platforms. […]

anumJune 17, 20221 min read
Industries, Media & Broadcasting, OPS, post_cats, states

Guidelines for Prevention of Misleading Advertisements notified; prohibits surrogate advertisements; regulates bait, free claims and children-targeted advertisements; applicable to manufacturers/ service providers advertising goods and service

The Central Consumer Protection Authority has notified the Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022 (Guidelines). The […]

Lexplosion SolutionsJune 17, 20226 min read
Food & Beverage, Industries, OPS, post_cats, states

Ministry of Consumer Affairs directs food business e-commerce operators to share details of existing grievance redressal framework and proposed improvements thereof by 28th June, 2022

Department of Consumer Affairs has directed major e-commerce food business operators (FBOs) like Swiggy and Zomato to furnish their current framework and […]

Lexplosion SolutionsJune 15, 20221 min read
FISCAL, Industries, post_cats, states

DGFT amends ANF-4F to simplify the procedure for applying Export Obligation Discharge Certificate (EODC) in case of deemed exports

Directorate General of Foreign Trade (DGFT) has issued Public Notice 11/2015-20 dated 7th June, 2022 to amend Para 2 (b)(i) of the […]

anumJune 15, 20221 min read
FISCAL, Industries, post_cats, states

Central Board of Direct Taxes amends Income Tax Rules, 1962 to mandate PAN for cash deposit/withdrawal of INR 20 lakhs or more

Central Board of Direct Taxes (CBDT) has issued Notification No. 53/2022 dated 10th May, 2022 and amended Rule 114 of the Income […]

anumJune 15, 20221 min read
Industries, OPS, post_cats, Regulated Industries, states

RBI sets up Committee to review Customer Service Standards in RBI Regulated Entities; aims to assess adequacy of customer service regulations and improve customer service

The Reserve Bank of India has informed that it has constituted Committee for Review of Customer Service Standards in RBI Regulated Entities. […]

anumJune 15, 20221 min read
ATM Networks, Industries, OPS, post_cats, states

All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs; informs RBI

The Reserve Bank of India has issued information with respect to “Interoperable Card-less Cash Withdrawal (ICCW) at ATMs” with reference to paragraph […]

anumJune 15, 20221 min read
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