Category Archives: regulatory updates

Regulatory Update: Telecom Regulatory Authority of India : “Next Generation Public Protection and Disaster Relief (PPDR) communication networks”.

The Telecom Regulatory Authority of India via Press Release No. 61/2018 dated 4th June, 2018 released recommendations on “Next Generation Public Protection and Disaster Relief (PPDR) communication networks”.

PPDR supports a wide range of services such as maintenance of law and order, protection of life and property, disaster relief and emergency responses.  Broadband PPDR supports wide range of applications such as sending live images, videos and texts apart from voice communication. In order to keep a robust policy framework for broadband PPDR communication systems in the country, the Authority under section 11(1)(a)(ii) and (vii) of the TRAI Act, 1997 (as amended), had Sou-moto on 9th October, 2017 issued a consultation paper (CP) on “Next Generation Public Protection and Disaster Relief (PPDR) communication networks’

Written comments and counter comments on Consultation Paper were invited from the stakeholders by 4th December, 2017 and 18th December 2017 respectively. An open house discussion was also convened on 15th February, 2018.

The Authority has formulated its recommendations based on inputs received from shareholders and have placed the recommendations on TRAI website. The salient features of the recommendations are:

  • Government to set up pan-India integrated Broadband PPDR (BB-PPDR) to be called as ‘National BB-PPDR Network’ based on 3GPP PS-LTE technology.
  • Dedicated network for BB-PPDR communication funded by government be created in metro cities, border districts, disaster prone areas and sensitive areas like J&K and North East by PSU like BSNL/MTNL.
  • Setting up a Special purpose Vehicle (SPV) under Ministry of Home affairs to plan and coordinate the nationwide BB-PPDR communication facilities for PPDR agencies.
  • SPV to coordinate with DoT for allocation of spectrum and other issues.
  • Pilot testing of BB-PPDR dedicated network at five zones identified as disaster prone/ sensitive areas to evaluate the efficacy of the proposed network.
  • 2×10 MHz of dedicated spectrum should be allocated nationwide to the SPV on no-cost basis for LTE based broadband PPDR networks.
  • 814-824/859-869 MHz should be assigned for nationwide BB-PPDR services as per APT Frequency Arrangement number G 3-1-4.
  • 20 MHz of spectrum in the frequency range 440-470 MHz (preferably 450-470 MHz) should be allocated for future evolution of broadband PPDR.

Source: http://www.trai.gov.in/sites/default/files/RecommendationsPPDR04062018_0.pdf

And   http://www.trai.gov.in/sites/default/files/PRNo6104062018.pdf

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Regulatory Update: Telecom Regulatory Authority Of India : Coverage Map of various Telecom Service Providers (TSP) for different License Service Areas (LSA) made available for TRAI portal

The Telecom Regulatory Authority of India via Press Release No. 59/2018 dated 31st may, 2018 released the BETA version of the portal namely www.coveragemap.trai.gov.in. This web portal was aimed at providing visualization of network coverage of all Telecom Services Providers (TSP) for their respective License Service Areas (LSA). This would facilitate customers and stakeholders to make informed decision for selection or comparisons of service providers.

On this portal users shall be able to select various options like location, Indoor/ Outdoor, TSP, Technology (2G/3G/4G-VoLTE), Voice/Data to know the coverage provided by particular TSP at the location of their interest. Maps on the portal will be updated on regular basis.  For the successful implementation of this portal and cost-effective indigenous telecom solutions TRAI has collaborated with CDoT (Centre for Development of Telematics) a Govt. of India premier R&D centre.

Currently TRAI is launching the portal with the coverage maps for two LSAs i.e. for Delhi and Madhya Pradesh on pilot basis to get feedback on the look and feel of this portal from consumers and other stakeholders.

This is a data heavy portal includes visualizations of network at 50 mtr. Resolution and simultaneous comparison of network between two operators will be permissible for 50 users at the same time. The users can provide feedback on the coverage map portal to make the portal more user friendly. For the same, TRAI released directions dated 23rd May, 2018 to TSPs to share the required data.

Source: http://www.trai.gov.in/sites/default/files/PRNo59Eng300525018.pdf

 

Regulatory Update: National Clean Air Programme (NCAP)-India, 2018

Ministry of Environment, Forest and Climate Change released the National Clean Air Programme for India. National Clean Air Programme aims at overcoming the deficits in ongoing government initiatives targeted towards air pollution control. Its goal is to meet the prescribed annual average ambient air quality standards at all locations in the country.  GoI has undertaken the initiative of implement a nationwide National Air Quality Monitoring Programme (NAMP). Under the same 4 air pollutants namely (sulphur dioxide, oxides of nitrogen, suspended particulate matter and fine particulate matter) are being monitored in 691 identified stations across the nation. The same has notified National Ambient Air Quality Standards (NAAQS) for monitoring air quality and has issued Forty-two action points which is a comprehensive set of directions under the Air (Prevention and Control of Pollution) Act, 1986 to mitigate air pollution in major cities. The Program identifies present pollution status and the need to revisit the present plans and plug gaps in maintenance of air quality in the country.

Source: http://envfor.nic.in/sites/default/files/NCAP%20with%20annex-ilovepdf-compressed.pdf

Regulatory Update: Brief on Payment of Gratuity (Amendment Act), 2018

The Government vide notification No. 1420(E) dated 29th March 2018 has enhanced the gratuity ceiling under the Payment of Gratuity Act, 1972 from Rs. 10 Lakh to Rs. 20 Lakh with effect from 29th March 2018. The government received representations requesting that the effective date is changed to 01st April 2016 instead of 29th March 2018 to bring them at par with the CG employees. However, the recommendations have been rejected on the ground that the retrospective enhancement of ceiling would be detrimental to the interest of the employers.

Source: https://labour.gov.in/sites/default/files/Gratuity_2.pdf

MINISTRY OF CORPORATE AFFAIRS: RELAXATION OF ADDITIONAL FEES AND EXTENSION OF LAST DATE OF FILING OF AOC 4 XBRL EFORMS USING IND AS UNDER THE COMPANIES ACT 2013.

The MCA vide its circular dated 27 April 2018 has extended last date of filing AOC-4 XBRL till 31 May 2018 without additional fee.

The benefit of extension is applicable on all companies required to prepare or voluntarily preparing their financial statements in XBRL format in accordance with Companies (Indian Accounting Standards) Rules, 2015 for financial year 2016-17.

Source:

http://www.mca.gov.in/Ministry/pdf/Circular042704_27042018.pdf

 

MINISTRY OF CORPORATE AFFAIRS: COMPANIES (INDIAN ACCOUNTING STANDARDS) AMENDMENT RULES, 2018

MCA vide its notification dated 28 March 2018 has notified the Companies (Indian Accounting Standards) Amendments Rules 2018 with effect from 1 April 2018.

The Companies (Indian Accounting Standards) Amendment Rules, 2018 has been amended to include Ind AS 115 Revenue from Contracts with Customers, Appendix D to Ind AS 115 Service Concession Arrangements and Appendix B to Ind AS 21, Foreign Currency Transactions and Advance Consideration (corresponding to IFRIC 22).

Ind AS 11 Construction Contracts and Ind AS 18 Revenue is omitted.

Source:

http://www.mca.gov.in/Ministry/pdf/INDAsEngRule2018_29032018.pdf

MINISTRY OF CORPORATE AFFAIRS: NOTIFICATION OF COMPANIES (PROSPECTUS AND ALLOTMENT OF SECURITIES) AMENDMENT RULES 2018

The MCA vide its notification dated 7 May 2018 has amended Companies (Prospectus and Allotment of Securities) Rules 2014 and done away the requirement of detailed list of contents of the prospectus following suggestions from the stakeholders that offer documents are becoming too long, too detailed, and repetitive as also too difficult to understand.

Rule 3 of the Companies (Prospectus and Allotment of Securities) Rules 2014  relating to information to be stated in the prospectus, Rule 4of the Companies (Prospectus and Allotment of Securities) Rules 2014 relating to reports to be set out in the prospectus, Rule 5 of the Companies (Prospectus and Allotment of Securities) Rules 2014  relating to other matters and reports to be stated in the prospectus and Rule 6 of  the Companies (Prospectus and Allotment of Securities) Rules 2014 relating to period for which information to be provided in certain cases stands omitted.

Source:

http://www.mca.gov.in/Ministry/pdf/CompaniesProspectusRules_07052018.pdf