Consumer Price Index Numbers for Agricultural Labourers and Industrial Workers for themonth of March 2022 (dated – 12.05.2022) – Govt. of Kerala.

Statutory filings to get security features-Live Mint.

Amendment notification under sub-section (2) of section 14 of the Customs Act, 1962(dated – 13.05.2022) – Ministry of Finance.

• This notification shall come into force with effect from the 14th day of May, 2022, refer attachment for further details.

Press release regarding Regulations Review Authority (RRA 2.0) – Recommendations for Withdrawal of Circulars (dated – 13.05.2022)-RBI.

• The Regulations Review Authority (RRA 2.0) has recommended withdrawal of an additional 239 circulars. With this, the total number of circulars which stand withdrawn would be 714. RRA 2.0 was set-up by the Reserve Bank of India vide press release dated April 15, 2021 to review the regulatory instructions, remove redundant or duplicate instructions and reduce the compliance burden on Regulated Entities (REs). RRA had recommended withdrawal of 150 circulars in the first tranche of recommendations vide press release dated November 16, 2021, 100 circulars in the second tranche of recommendations vide press release dated February 18,
• 2022 and 225 circulars in the third tranche of recommendations vide press release dated May 2, 2022. Additionally, in the second tranche, RRA had also recommended discontinuation/ merger/ conversion to online submission of 65 returns along with creation of a new ‘Regulatory Reporting’ link in the RBI website to consolidate information relating to regulatory reporting.
• The notifications containing the list of specific instructions recommended for withdrawal is being issued separately, refer attachment for further details.

Circular regarding Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (dated -13.05.2022) – SEBI.

• This Circular shall come into force with immediate effect. The Stock Exchanges are advised to bring the provisions of this circular to the notice of all listed entities and also disseminate on their websites, refer attachment for further details.

Circular regarding Guidelines for seeking NOC by Stock Brokers  Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC (dated – 13.05.2022)- SEBI.

• The circular shall come into force with immediate effect, refer attachment for further details.

Trade notice regarding amending export policy of wheat under S.No. 59 of Chapter 10 of Schedule-2 of ITC (HS) Export policy (dated – 14.05.2022)-DGFT.

• As per the export policy wheat under S.No. 59 of chapter 10 of schedule -2 of the ITC (HS) Export Policy from ‘Free’ to ‘Prohibited ‘with immediate effect, refer attachment for further details.

Regarding the order exempting property tax from Kollam-Neendakara Grama Panchayat-2021-22 (Malayalam Version) (dated 10-05-2022)-Govt. of Kerala.

Draft notification of the Maharashtra Motor Vehicles (Amendment) Rules, 2022(dated – 12.05.2022) – Govt. of Maharashtra.

• 30 days’ timeline given for objection and suggestions, refer attachment for further details.

Amendment notification under section 16 of the Bureau of Indian Standards Act, 2016 (dated -13.05.2022)-Ministry of Chemicals and Fertilizers.

• In the said order, in paragraph 1, for sub-paragraph (2), the following sub-paragraph shall be substituted, namely:-
• “(2) This order shall come into force on the 20th November, 2022.”, refer attachment for further details.

Press release regarding Consumer Prices Index Numbers on Base=2012 for Rural,Urban and Combined for the month of April 2022(dated – 12.05.2022) –MoSPI.

Bank holidays in May- Banks to remain closed for 3 days in a row. Know details here-Live Mint.

Guidelines for compulsory selection of returns for complete scrutiny during the FY 2022-23 -procedure for compulsory selection in such cases (dated -11.05.2022)-CBDT.

Consultation paper pre-filing of offer document in case of initial public offerings (IPO)-SEBI.

Circular regarding rationalization of compliance requirements (dated -12.05.2022) – IRDAI.

• This circular is issued under section 14(2) (e) of the Insurance Regulatory and Development Authority Act, 1999, refer attachment for further details.