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Legislation Updates

Bill Assent timeline
Legislation UpdatesStatutes/Bills/Ordinances

President questions SC on setting timelines on Governor and President’s powers under Articles 200 & 201 for Bill Assent

Invoking Article 143(1), the President of India sent a reference to the Supreme Court after its 8th April ruling that set timelines for Governors and the President to grant assent to bills passed by legislatures.

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Published on May 15, 2025May 15, 2025By Deeksha
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foreign lawyers and firms
Legislation UpdatesNotifications

Key Takeaways from BCI’s revised Rules for registration and regulation of foreign lawyers or foreign law firms in India

A step towards the growing importance of global legal networks in an interconnected world.

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Published on May 15, 2025May 15, 2025By Kriti
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Reserve Bank of India
Legislation UpdatesNotifications

RBI Shapes the Future of Digital Lending, 2025

RBI notifies digital lending rules to establish transparency, protect borrowers, and regulate multi-lender partnerships.

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Published on May 14, 2025May 15, 2025By Editor_4
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Reserve Bank of India
Legislation UpdatesNotifications

RBI relaxes requirement for investment by FPIs in Corporate Debt Securities

This relaxation will help in complying with short- term investment limit and concentration limit.

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Published on May 13, 2025May 13, 2025By Kriti
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ministry of finance
Legislation UpdatesRules & Regulations

Govt mandates electronic filing of appeals vide GSTAT (Procedure) Rules, 2025

President or a Member of the Appellate Tribunal can recuse himself in certain cases.

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Published on April 29, 2025April 29, 2025By Kriti
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Ministry of Health and Family Welfare
Legislation UpdatesRules & Regulations

Govt allows compounding of specific offences under Drugs and Cosmetics Act

Once the compounding amount has been paid, it cannot be refunded in cases where the Court rejects the grant of immunity from prosecution.

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Published on April 29, 2025April 29, 2025By Kriti
Leave a comment274 views
Reserve Bank of India
Legislation UpdatesNotifications

RBI allows Theme Neutral applications as a part of On Tap application facility under Regulatory Sandbox

It will help in innovation and constructive engagement of FinTech.

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Published on April 12, 2025April 12, 2025By Kriti
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Reserve Bank of India
Legislation UpdatesNotifications

RBI notifies Directions on Interest rate to be on paid on Deposits

Banks cannot pay Offer prize/ lottery/ free tips any other initiative having element of chance for mobilizing deposits.

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Published on April 12, 2025April 12, 2025By Kriti
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ministry of environment, forest and climate change
Legislation UpdatesRules & Regulations

Govt notifies waste management rules for construction and demolition of any structure

Extended Producer Responsibility will be regulated through a waste management plan.

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Published on April 12, 2025April 12, 2025By Kriti
Leave a comment468 views
Defence Rules
Legislation UpdatesRules & Regulations

Works of Defence Rules, 2025

Representation against Collector’s award can be made within 30 days.

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Published on April 9, 2025April 9, 2025By Kriti
Leave a comment377 views
excise duty petrol diesel
Legislation UpdatesNotifications

Government increases excise duty on petrol, diesel by Rs 2 per litre

The revised rates are applicable from 8th April 2025.

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Published on April 8, 2025April 8, 2025By Kriti
Leave a comment306 views
Waqf (Amendment) Bill
Legislation UpdatesStatutes/Bills/Ordinances

Waqf (Amendment) Bill receives President’s assent; Waqf Act, 1995 will now be known as UMEED Act, 1995

The Central Waqf Council will now compulsorily have 2 women members and 2 non-muslim members.

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Published on April 6, 2025April 6, 2025By Kriti
2 Comments727 views
Boilers Act
Legislation UpdatesNotifications

Govt issues new Boilers Act, 2025 repealing 1923 Act

Appeals under this can be made to the Chief Inspector and to the Central Government.

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Published on April 5, 2025April 5, 2025By Kriti
Leave a comment379 views
Waqf
Legislation UpdatesStatutes/Bills/Ordinances

Rajya Sabha passes Waqf (Amendment) Bill, 2025

Bill is aimed to overcome the shortcomings and to enhance the efficiency of the administration and management of the waqf properties.

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Published on April 4, 2025April 4, 2025By Kriti
Leave a comment287 views
Waqf
Legislation UpdatesStatutes/Bills/Ordinances

Lok Sabha passes Waqf (Amendment) Bill, 2025

Bill aimed to overcome the shortcomings and to enhance the efficiency of the administration and management of the waqf properties.

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Published on April 3, 2025April 3, 2025By Kriti
Leave a comment614 views
ministry of finance
Legislation UpdatesRules & Regulations

MoF streamlines the process of custom clearance of imports vide Postal Imports Regulations, 2025

Postal Authority can sell/ dispose of any undelivered parcel which has not taken clearance even after 30 days of its arrival.

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Published on April 1, 2025April 1, 2025By Kriti
Leave a comment280 views
Securities and Exchange Board of India
Legislation UpdatesNotifications

SEBI revises LODR Regulations introducing Corporate Governance for a Listed Entity which has listed its Non- Convertible Debt Securities

These regulations are applicable to Listed entity having non-convertible debt security of an outstanding value of Rs. 1000 crore and above.

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Published on March 31, 2025March 31, 2025By Kriti
Leave a comment804 views
SEBI and DigiLocker
Legislation UpdatesNotifications

SEBI collaborates with DigiLocker to reduce unclaimed assets

KRAs will be primary source for verifying & triggering notifications to Data Access Nominees.

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Published on March 24, 2025March 24, 2025By Kriti
Leave a comment358 views
Securities and Exchange Board of India
Legislation UpdatesRules & Regulations

SEBI revises ICDR Regulations introducing the concept of Specific Investors

Application by Specific Investors will have to be made on 1st day of issue opening before 11 A.M.

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Published on March 14, 2025March 13, 2025By Kriti
Leave a comment917 views
National Waterways Regulations
Legislation UpdatesRules & Regulations

IWAI mandates procurement of NOC before developing a new inland waterway

Application for obtaining NOC will be disposed within 90 days.

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Published on March 13, 2025March 13, 2025By Kriti
Leave a comment458 views

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