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Legislation Updates

Legislation UpdatesNotifications

RBI notifies Late Submission Fee for reporting delays under FEMA

On 30-09-2022, the Reserve Bank of India has introduced Late Submission Fee for reporting delays under FEMA. The Late Submission Fee (LSF)

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Published on October 3, 2022By Bhumika Indulia
1 Comment3504 views
SEBI
Legislation UpdatesNotifications

SEBI issues circular on Credit Ratings supported by Credit Enhancement

    On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular modifying the guidelines on Credit Ratings

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Published on September 30, 2022By Editor_4
Leave a comment1507 views
Legislation UpdatesRules & Regulations

CBDT introduces new form 69 for Application for re-computation of income under section 155(18) vide Income-tax (32nd Amendment) Rules, 2022

    On 28-09-2022, the Ministry of Finance has notified the Income-tax (32nd Amendment) Rules, 2022 which shall come into force from

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Published on September 30, 2022By Bhumika Indulia
Leave a comment3658 views
IBBI
Legislation UpdatesRules & Regulations

New Form AA introduced for application for registration as an insolvency professional vide IBBI (Insolvency Professionals) (Fourth Amendment) Regulations, 2022

    On 28-09-2022, the Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Insolvency Professionals)

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Published on September 30, 2022By Bhumika Indulia
Leave a comment1828 views
SEBI
Legislation UpdatesNotifications

SEBI issues Amendment to guidelines for preferential issue and institutional placement of units by a listed InvIT/ REIT

    On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued circulars modifying the guidelines for preferential issue and

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Published on September 29, 2022By Editor_4
Leave a comment1465 views
Central Government Notification
Legislation UpdatesRules & Regulations

Registration of International Mobile Equipment Identity Number vide Prevention of tampering of the Mobile Device Equipment Identification Number (Amendment) Rules, 2022

    The Central Government has notified Prevention of tampering of the Mobile Device Equipment Identification Number (Amendment) Rules, 2022 to amend

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Published on September 27, 2022By Bhumika Indulia
Leave a comment1606 views
SEBI
Legislation UpdatesNotifications

SEBI permits REITs and InvITs to issue Commercial Papers

On 22-09-2022, the Securities and Exchange Board of India has issued circulars stating that InvITs/REITs may issue listed commercial papers subject to

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Published on September 23, 2022By Bhumika Indulia
Leave a comment1782 views
IBBI
Legislation UpdatesRules & Regulations

Registration fee for Information Utilities increased vide IBBI (Information Utilities) (Second Amendment) Regulations, 2022

    On 20-09-2022, the Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Information Utilities)

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Published on September 23, 2022By Bhumika Indulia
Leave a comment1413 views
Ministry of Finance
Legislation UpdatesStatutes/Bills/Ordinances

Ministry of Finance issues revised guidelines for compounding of offence under the Income -Tax Act, 1961

    On 16-9-2022 the CBDT has issued revised guidelines for compounding of offence under the Income-Tax Act, 1961 to simplify and

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Published on September 21, 2022By Editor_4
Leave a comment2736 views
Legislation UpdatesRules & Regulations

New Form ITR-A for successor entities to furnish their return of income, notified vide Income-tax (31st Amendment) Rules, 2022

On 19-09-2022, the Ministry of Finance has notified the Income-tax (31st Amendment) Rules, 2022 in order to amend Income-Tax Rules 1962 which

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Published on September 21, 2022By Bhumika Indulia
Leave a comment1930 views
Central Government Notification
Legislation UpdatesRules & Regulations

Criminal Procedure (Identification) Rules, 2022

    The Central Government has notified Criminal Procedure (Identification) Rules, 2022 in order to specify the procedure for taking measurements of

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Published on September 20, 2022By Bhumika Indulia
Leave a comment3555 views
SEBI
Legislation UpdatesNotifications

SEBI issues circular on Validation of Instructions for Pay-In of Securities from Client Demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations

    On 19-09-2022, the Securities and Exchange Board of India(‘SEBI') issued a circular on validation of Instructions for Pay- In of

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Published on September 20, 2022By Bhumika Indulia
Leave a comment2240 views
Legislation UpdatesRules & Regulations

Comprehensive reforms in the Trade Certificate regime vide Central Motor Vehicles (Fifteenth Amendment) Rules, 2022

    The Central Government has notified Central Motor Vehicles (Fifteenth Amendment) Rules, 2022 in order to amend the Central Motor Vehicles

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Published on September 17, 2022By Bhumika Indulia
Leave a comment1459 views
IBBI
Legislation UpdatesRules & Regulations

Declaration must provide that the corporate person has made provision for preservation of its records after its dissolution vide IBBI (Voluntary Liquidation Process) (Second Amendment) Regulations, 2022

The Insolvency and Bankruptcy Board of India has notified IBBI (Voluntary Liquidation Process) (Second Amendment) Regulations, 2022 to amend the Insolvency and

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Published on September 17, 2022By Bhumika Indulia
1 Comment1644 views
Legislation UpdatesNotifications

Government re-designates title of Assistant Solicitor General of India as Deputy Solicitor General of India

The Central Government has notified the re-designation of Assistant Solicitor General of India as Deputy Solicitor General of India for future references.

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Published on September 17, 2022By Bhumika Indulia
Leave a comment2283 views
Legislation UpdatesRules & Regulations

MCA revises threshold for paid up capital of ‘small companies’ vide Companies (Specification of definition details) Amendment Rules, 2022

    The Central Government has notified Companies (Specification of definition details) Amendment Rules, 2022 to amend the Companies (Specification of Definition

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Published on September 16, 2022By Bhumika Indulia
Leave a comment2560 views
IBBI
Legislation UpdatesRules & Regulations

Insolvency professional must not accept any fees or charges from any professional and/or support service provider vide IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2022

    The Insolvency and Bankruptcy Board of India has notified Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations,

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Published on September 14, 2022By Bhumika Indulia
Leave a comment1317 views
Legislation UpdatesRules & Regulations

Food Safety and Standards (Labelling and Display) First Amendment Regulations, 2022

On 09-09-2022, the Food Safety and Standards Authority of India notified Food Safety and Standards (Labelling and Display) First Amendment Regulations, 2022

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Published on September 12, 2022By Bhumika Indulia
1 Comment1571 views
Legislation UpdatesNotifications

RBI issues new guidelines for Regular Entities on Digital Lending

On 02-09-2022, Reserve Bank of India issued guidelines on Digital Lending which would be applicable to the ‘existing customers availing fresh loans’

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Published on September 7, 2022By Bhumika Indulia
Leave a comment1790 views
Appointments & TransfersLegislation UpdatesNewsNotifications

SC Judge Justice Sanjay Kishan Kaul nominated as the Chairman of Supreme Court Legal Services Committee

    The Central Authority has nominated Mr. Justice Sanjay Kishan Kaul, Judge, Supreme Court of India, as Chairman of the Supreme

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Published on September 6, 2022By Bhumika Indulia
Leave a comment2144 views

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