Legislation Updates Archives | Page 130 of 139

Legislation Updates Statutes/Bills/Ordinances

Govt. cleans Statute book – Over 200 Acts repealed

Parliament passed the Repealing and Amending Act, 2016 keeping in line with the Government’s aim to clean the Statute book and repeal

Cabinet approves National IPR Policy

The Union Cabinet approved India’s first Intellectual Property Rights (IPR) policy on 13-05-2016. This policy is for awareness, creation, commercialization, protection and

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Govt amends Indian Medical Council Act and Dentists Act to institutionalise NEET

The President of India promulgated two ordinances to amend the Indian Medical Council Act and the Dentist Act to conduct a uniform

Legislation Updates Notifications

(Domestic) Income Declaration Scheme 2016

Following the voluntary disclosure window under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Foreign Black

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Proof of identity will be treated as sufficient compliance where proof of address is not available with the consignee

The Central Board of Excise and Customs has relaxed the KYC norms for imports effected by courier mode. In terms of the

Legislation Updates Statutes/Bills/Ordinances

Anti Hijacking Act, 2016

The Anti Hijacking Act, 2016 (Act No. 30 of 2016) received President’s assent on 13th May, 2016 and intends to give effect

Legislation Updates Notifications

Exemption on customs duty on fuel in the tank of an “Indian Airline” is not limited to the government carrier “Indian Airlines”

The Central Board of Excise and Customs has clarified that exemption on customs duty on fuel in the tank of an “Indian

Intellectual Property Legislation Updates Rules & Regulations

The Patent (Amendment) Rules, 2016 comes into force

The Patent (Amendment) Rules, 2016 (Revised Rules) have come into force from 16 May 2016. The key highlights of the Revised Rules

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National Policy for Women(Draft)

The Draft of National Policy for Women makes recommendations that empowerment of women is a socio-political ideal envisioned in relation to the wider

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Implementation of procedure for the “Single Window Integrated Declaration” mechanism

In line with the mandate of ease of doing business

Foreign Legislation Legislation Updates

Mines and Minerals (Development and Regulation) Amendment Act, 2016

The Mines and Minerals (Development and Regulation) Amendment Act, 2016 received the assent of President on 6th May 2016. The Act amends

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Procedure for implementation of the track and trace system for export of pharmaceutical and drug consignments, amended

The Directorate General of Foreign Trade has amended the procedure for implementation of the track and trace system for export of pharmaceutical

Legislation Updates Notifications

Conditions for exemption from customs duty on parts, revamped

The conditions for exemption from customs duty on parts, equipment and tools required for maintenance, repair and overhaul of aircrafts has been

Legislation Updates Notifications

Anti-dumping duty imposed on imports of Normal Butanol or N-Butyl Alcohol into India

The Central Government has imposed definitive anti-dumping duty on imports of Normal Butanol or N-Butyl Alcohol (Tariff Item 2905 13 00) into

Foreign Legislation Legislation Updates

Employee’s Pension Scheme, 2016

The Central Government in exercise of the powers conferred by 6A read with section 7(1) of the Employees’ Provident Funds and Miscellaneous

Legislation Updates Notifications

No fees to be charged by customs officers in ports that operate on a 24X7 basis

The Central Board of Excise and Customs has amended the Customs (Fees for Rendering Services by Customs Officers) Regulations, 1998. The amendment,

Legislation Updates Notifications

Customs duty rates reduced on items imported into India from Japan

Per the obligations under the India-Japan Comprehensive Economic Partnership Agreement, the Central Government has further reduced customs duty rates on various items