Legislation Updates Archives | Page 12 of 125

RBI issues circular on takeover/ acquisition of control of non- bank payment system operators and sale and transfer of payment system activity

On 04-07-2022, the Reserve Bank of India (‘RBI') has issued a circular determining the requirements for obtaining prior approval in

Legislation Updates Notifications

SEBI issues circular on investor grievance mechanism to expedite redressal and disposal of complaints

On 04-07-2022, Securities and Exchange Board of India (‘SEBI') issued a circular on Investor Grievance Mechanism also amending its circular

Legislation Updates Rules & Regulations

Regulation of provisions on re-import of jewellery exported on E-commerce platforms vide Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022

On 30-6-2022, Ministry of Finance notified Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022. By this amendment,

Legislation Updates Notifications

CCPA issues Guidelines to prohibit automatic levy of service charge in hotels and restaurants

On 04-07-2022, the Central Consumer Protection Authority (‘CCPA’) has issued Guidelines to prevent unfair trade practices and to protect the consumer interest

Legislation Updates Notifications

RBI issued Guidelines on Note Authentication and Fitness Sorting Parameters

On 01-07-2022, Reserve Bank of India (‘RBI') issued guidelines on authentication of note and fitness sorting parameters for the Note

Legislation Updates Notifications

RBI notified provisioning requirement for Investment in Security Receipts in order to provide glide path for the Regional Rural Banks

On 28-08-2022, Reserve Bank of India (‘RBI') notified that for smooth functioning of the Regional Rural Banks (‘RRBs') and to

Legislation Updates Rules & Regulations

Transaction limit of foreign contribution received from relatives has been increased from one lakh to ten lakhs vide Foreign Contribution (Regulation) Amendment Rules, 2022

On 01-07-2022, the Ministry of Home Affairs has notified the Foreign Contribution (Regulation) Amendment Rules, 2022 to further amend the Foreign Contribution

Legislation Updates Notifications

SEBI issues circular on disclosure of specified securities and holding of specified securities in dematerialized form to bring transparency to investors

On 30-06-2022, Securities and Exchange Board of India (‘SEBI’) issued a circular providing the investors in the securities market more

Legislation Updates Rules & Regulations

SIDBI modifies 10% contribution to a fixed percentage which will be decided by the Bank vide SIDBI (Defined Contributory New Pension) [Amendment] Regulations, 2022

On 21-06-2022, the Small Industries Development Bank of India notified Small Industries Development Bank of India (Defined Contributory New Pension) [Amendment] Regulations,

Legislation Updates Notifications

CBDT specifies non fungible token as virtual digital asset

The Central Government has specified a token which qualifies to be a virtual digital asset as non-fungible token within the

Legislation Updates Rules & Regulations

Insertion of Form No. 26QF to the Income tax Rules, 1962 vide Income-tax (20th Amendment) Rules, 2022

The Central Board of Direct Taxes has notified Income-tax (20th Amendment) Rules, 2022 to amend the Income-tax Rules, 1962. The amendment modifies

Legislation Updates Rules & Regulations

Formation of Project Screening Committee to screen project proposals for use of forest land vide Forest (Conservation) Rules, 2022

On 28-06-2022, Central Government notified new rules namely, “Forest (Conservation) Rules, 2022” to further carry out the protection and preservation of forests

Legislation Updates Notifications

Uttar Pradesh | Women employee cannot be bound to work in night shifts

The Governor of Uttar Pradesh notified elaborate rules explaining conditions to restrict working of ‘women employee’ between 7:00 pm and 6:00 am.

Legislation Updates Notifications

SEBI issues circular on Adjustment in derivative contracts for dividend announcements to review the framework

On 28-06-2022, Securities and Exchange Board of India (‘SEBI’) issued a circular in order to protect the interest of the investors in

Legislation Updates Rules & Regulations

Commissioner of Transport may waive off/reduce the parking/custody charges by general or specific order for certain categories of vehicles

The Lt. Governor of National Capital Territory of Delhi has notified Delhi Maintenance and Management of Parking Places (First Amendment) Rules, 2022

Legislation Updates Rules & Regulations

Single jurisdiction single membership rule applied to Customs Brokers vide Customs Brokers Licensing (Amendment) Regulations, 2022

On 24th June, 2022, Central Board of Indirect Taxes and Customs (CBIC) notified Customs Brokers Licensing (Amendment) Regulations, 2022. The amendment revises

Legislation Updates Rules & Regulations

Centre revises Cadre strength and Pay Scale of IPS officers in Madhya Pradesh

On 24th June, 2022, Central Government notified Indian Police Service (Fixation of cadre Strength) Fifth Amendment Regulations, 2022 and Indian Police Service