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In October 2024, the first amendment to the Food Safety and Standards (Contaminants, Toxins, and Residues) Regulations, 2024, was introduced to curb the misuse of antibiotics in the production of animals for food. The new rules will come into force on 1 April 2025. This new regulation is a great step forward in ensuring the […]
An important announcement has been made by the BIS to develop standards for 214 critical medical devices. The goal is to complete the work by December 2025. The standards being created are a part of the National Medical Device Policy,2023 which aims to improve the medical device industry of India globally. The prioritized devices include […]
Indian government systems have been based on digitization and transparency in governance frameworks, especially for financial administration. The government‘s public declaration of the PAN 2.0 project for Rs 1,435 crore was a long stride in this direction. The updated program is a modernization of the Permanent Account Number system and will leverage advanced technology to […]
India is known for the world’s second-largest tea production, and its lively tea market made its name globally, making it every tea lover’s favourite. The Tea Board of India is an important organ in nurturing and developing this industry. Registration with the Tea Board of India, therefore, represents an excellent platform for the tea manufacturer, […]
India, the world’s second-largest gold consumer, uses approximately 849 metric tons of gold annually, primarily for jewellery and ornamental purposes. Beyond its beauty, gold is valued as a secure store of wealth. But how can consumers ensure its authenticity? To combat fraud in gold sales, the Government of India made hallmarking mandatory. Jewellers must now […]
With the growing concern for the environment across the globe, India has made a giant leap forward in finding an answer to the dire need for sustainable production and consumption, especially with regard to plastic. The Bureau of Indian Standards launched an eco-labeling initiative called the “Ecomark Rule 2024” on October 3, 2024. It aims […]
Tea is a tradition, a livelihood for millions, and a vital contributor to the nation’s economy in India. However, while India remains one of the world’s largest producers of tea, over the years, it has struggled to maximize its apparent export potential. That triggered the Tea Board of India to set an ambitious target, which […]
In the rapidly evolving landscape of business and technology, innovation stands as a key driver of success. For inventors and entrepreneurs, the development of a new product or technology is not merely a creative endeavour; it is often the culmination of extensive research, time, and financial investment. This journey from idea conception to market introduction […]
When dealing with income tax in India, receiving official communications from the Income Tax Department is a standard procedure for taxpayers. These communications, particularly income tax notices, are sent to inform you about discrepancies, demands, or any further actions required after filing your Income Tax Return (ITR). To maintain confidentiality, such notices are issued in […]
While the world treads toward decarbonization, India has also turned to exploring alternative energy propellers in the transportation segment. As one of the biggest fossil fuel consumers, there is increased interest in green hydrogen in the quest for clean energy. The potentiality of green hydrogen is immense, especially in medium and heavy commercial vehicle segments, […]
The levying of GST in India is based on a unified tax regime, the procedure under GST, whose design is simplified to the maximum extent possible, with a continuous flow of input tax credit along the supply chain. However, it is not devoid of complexities concerning Inverted Duty Structures (IDS). IDS occurs when the input […]
With its rich and diverse cultural heritage, India has taken rapid strides in protecting its unique regional products through GI tags. GI tags are considered essential for any product that requires the preservation of authenticity and quality, and they have seen a record surge in their registrations over the years. Till March 31, 2024, India […]
Environmental Social and Governance (ESG) has struck a serious chord in India, with businesses quickly realizing that sustainability needs to form the core of their operations. ESG is not only a buzz phrase but a profound shift in culture for companies as far as carrying out business is concerned, right from risk assessment and value […]
For cardamom farmers, new technology: By releasing a brand-new smartphone software named “CardsApp,” India’s Spices Board has taken a significant step in assisting cardamom farmers. Through the most recent technical developments, CardsApp, model efforts that will support the expansion and sustainability of India’s cardamom production business, is the app’s goal in helping cardamom farmers. Here […]