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Legislation Updates

ESI (Central) Amendment Rules
Legislation UpdatesRules & Regulations

Labour Ministry increases Expenditure limit of contracts which need prior sanction of Standing Commitee to Rs. 25 crores

Ministry of Labour and Employment notified the Employees’ State Insurance (Central) Amendment Rules, 2024.

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Published on February 27, 2024February 27, 2024By Kriti
Leave a comment5012 views
Effective date of Criminal Laws
Legislation UpdatesNotifications

New Criminal Laws notified: Will be effective from July 1, 2024

Centre notifies new Criminal laws on 23-2-2024.

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Published on February 24, 2024February 29, 2024By Kriti
Leave a comment5376 views
Paytm Payments Bank Ltd.
Legislation UpdatesNotifications

RBI advises NPCI to examine request of One97 Communication Ltd to become a Third-Party Application Provider

RBI lays down additional steps to be followed by Paytm Payments Bank Ltd.

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Published on February 23, 2024February 23, 2024By Kriti
Leave a comment1812 views
One Donor Gamete
Legislation UpdatesRules & Regulations

MoHFW allows One Donor Gamete for undergoing Surrogacy subject to medical conditions prescribed by District Medical Board

MoHFW notifies Surrogacy (Regulation) Amendment Rules, 2024 allowing one donor gamete in certain circumstances.

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Published on February 22, 2024February 22, 2024By Kriti
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CCI (Lesser Penalty) Regulations 2024
Legislation UpdatesRules & Regulations

CCI introduces provision for Lesser Penalty Plus vide CCI (Lesser Penalty) Regulations, 2024

CCI notifies the Competition Commission of India (Lesser Penalty) Regulations, 2024.

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Published on February 22, 2024February 22, 2024By Kriti
Leave a comment3482 views
IRP for Corporate Persons
Legislation UpdatesRules & Regulations

IBBI introduces Monitoring Committe for streamlining implementation of Resolution Plan

IBBI notifies Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024.

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Published on February 16, 2024February 16, 2024By Kriti
Leave a comment2238 views
Liquidation Process
Legislation UpdatesRules & Regulations

IBBI excludes assets in a real estate project that have been handed over to the allottee from liquidation process of the company

IBBI notifies Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2024.

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Published on February 16, 2024February 16, 2024By Kriti
Leave a comment3168 views
PFRDA Central Recordkeeping Agency Regulations
Legislation UpdatesRules & Regulations

Governance and operational standards of Central Recordkeeping Agencies enhanced vide PFRDA (Central Recordkeeping Agency) (Amendment) Regulations, 2023

On 9-2-2024, the Pension Fund Regulatory and Development Authority (‘PFRDA’) notified the Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) (Amendment)

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Published on February 13, 2024February 13, 2024By Kriti
Leave a comment2182 views
Aadhaar (Payment of Fees for Performance of Authentication) Amendment Regulations 2024
Legislation UpdatesRules & Regulations

Fee for authentication to be revised upon completion of every 24 months based on Consumer Price Index | UIDAI

UIDAI notifies Aadhaar (Payment of Fees for Performance of Authentication) Amendment Regulations, 2024.

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Published on February 2, 2024February 2, 2024By Kriti
Leave a comment2813 views
Aadhaar (Authentication and Offline Verification) Amendment Regulations 2024
Legislation UpdatesRules & Regulations

UIDAI revises Aadhaar (Authentication and Offline Verification) Regulations 2021

UIDAI notifies the Aadhaar (Authentication and Offline Verification) Amendment Regulations, 2024.

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Published on February 1, 2024February 1, 2024By Kriti
Leave a comment3328 views
RBI imposes curbs on Paytm Payments Bank
Legislation UpdatesNotifications

No acceptance of deposits and other banking services after 29 February; RBI imposes additional curbs on Paytm Payments Bank

The restrictions came after persistent non-compliances and continued material supervisory concerns in Paytm Payments Bank Ltd.

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Published on January 31, 2024January 31, 2024By Deeksha
2 Comments2254 views
ministry of finance
Legislation UpdatesRules & Regulations

MoF introduces International Exchange vide FEM (Non-debt Instruments) Amendment Rules, 2024

The definition of International Exchange introduced vide Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2024.

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Published on January 25, 2024January 25, 2024By Kriti
Leave a comment5166 views
Competition Commission of India
Legislation UpdatesRules & Regulations

CCI introduces Interlocutory Application vide Competition Commission of India (General) Amendment Regulations, 2024

Competition Commission of India introduces definition of Interlocutory Application in CCI (General) Regulations, 2009.

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Published on January 18, 2024January 18, 2024By Kriti
Leave a comment2737 views
Ministry of Road Transport and Highways
Legislation UpdatesRules & Regulations

MoRTH includes Devices for Indirect Vision for the purpose of Rear View vide CMV (Second Amendment) Rules, 2024

Central Motor Vehicles Rules, 1989 revised vide the Central Motor Vehicles (Second Amendment) Rules, 2024 including Devices for Indirect Vision under the purview of these Rules.

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Published on January 17, 2024January 17, 2024By Kriti
Leave a comment3737 views
Delhi Victims Compensation Scheme 2018
Legislation UpdatesNotifications

Delhi Govt widens the ambit of “Victim” by including mob violence & mob lynching injury cases

The definition of “Victim” will now also include the person injured due mob violence and mob lynching.

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Published on January 10, 2024January 10, 2024By Kriti
Leave a comment2539 views
Ministry of Road Transport and Highways
Legislation UpdatesRules & Regulations

MoRTH revises the Requirements for Emission Standards of Bharat Stage VI Vehicles of all Categories vide CMV (First Amendment) Rules, 2024

Central Motor Vehicles Rules, 1989 revised vide the Central Motor Vehicles (First Amendment) Rules, 2024 streamlining the provisions relating to vehicles of BS VI category.

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Published on January 9, 2024January 9, 2024By Kriti
Leave a comment2290 views
ministry of law and justice
Legislation UpdatesNotifications

Provisional Collection of Taxes Act, 2023

On 29-12-2023, the President has given an assent to Provisional Collection of Taxes Act, 2023 repealing the Provisional Collection of Taxes Act, 1931.

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Published on January 3, 2024January 4, 2024By Kriti
Leave a comment2109 views
Legislation UpdatesNotifications

Press and Registration of Periodicals Act, 2023

On 29-12-2023, the President has given assent to the Press and Registration of Periodicals Act, 2023. The Act repeals the Press and Registration of Books Act, 1867.

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Published on January 1, 2024January 4, 2024By Kriti
1 Comment2607 views
rbi
Legislation UpdatesNotifications

RBI notifies RBI (Government Securities Lending) Directions, 2023 enabling lending and borrowing of Government Securities

On 27-12-2023, the Reserve Bank of India (‘RBI’) notified the RBI (Government Securities Lending) Directions, 2023 applicable to all Government securities lending

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Published on December 31, 2023December 31, 2023By Kriti
Leave a comment2273 views
rbi
Legislation UpdatesNotifications

RBI notifies FEM (Manner of Receipt and Payment) Regulations, 2023 mandating permission from RBI for Trade outside India

On 21-12-2023, the Reserve Bank of India (‘RBI’) notified the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 mandating permission

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Published on December 30, 2023December 30, 2023By Kriti
1 Comment4641 views

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