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Legislation Updates

Legislation UpdatesNotifications

FSSAI issues Guidelines for submission of applications for endorsement of vegan logo

On 25-07-2022, FSSAI has issued Guidelines for submission of applications for endorsement of vegan logo in exercise of power conferred by sub-regulation

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Published on July 28, 2022July 28, 2022By Bhumika Indulia
1 Comment2317 views
SEBI
Legislation UpdatesRules & Regulations

SEBI introduces Chapter on Obligations of Social Enterprises vide SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2022

    On 25-07-2022, the Securities and Exchange Board of India has issued SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations,

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Published on July 27, 2022July 27, 2022By Editor_4
Leave a comment2573 views
SEBI
Legislation UpdatesRules & Regulations

SEBI introduces Chapter on Social Stock Exchange vide SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022

On 25-07-2022, the Securities and Exchange Board of India has issued SEBI (Issue of Capital and Disclosure Requirements) Third Amendment) Regulations, 2022

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Published on July 26, 2022July 26, 2022By Editor_4
Leave a comment2966 views
Legislation UpdatesRules & Regulations

Manner of determining input tax credit introduced vide Rajasthan Goods and Services Tax (Amendment) Rules, 2022

On 16-7-2022 the Finance Department of Rajasthan has notified the Rajasthan Goods and Services Tax (Amendment) Rules, 2022 to further amend the

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Published on July 26, 2022July 27, 2022By Editor_4
Leave a comment1761 views
Legislation UpdatesRules & Regulations

Relaxation for renewal of notary practice certificate beyond six months from expiry vide Notaries (Second Amendment) Rules, 2022

The Central Government has notified Notaries (Second Amendment) Rules, 2022 in order to amend Notaries Rules, 1956. The amendment inserts a proviso

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Published on July 25, 2022July 25, 2022By Bhumika Indulia
Leave a comment8151 views
SEBI
Legislation UpdatesNotifications

SEBI issues circular permitting 155 entities to use e-KYC Aadhaar Authentication services as sub-KYC User Agency

    On 20-02-2022, Securities and Exchange Board of India (‘SEBI') has issued guidelines on entities allowed to use e-KYC Aadhaar Authentication

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Published on July 21, 2022July 21, 2022By Editor_4
2 Comments1850 views
Legislation UpdatesRules & Regulations

Use of biodegradable plastic, introduced vide Plastic Waste Management (Second Amendment) Rules, 2022

On 6-07-2022 the Ministry of Environment, Forest and Climate Change further amended the Plastics Waste Management Rules, 2016 by adding a second

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Published on July 21, 2022July 21, 2022By Editor_4
1 Comment3765 views
Legislation UpdatesNotifications

RBI issues revised regulatory framework for Urban Co-operative Banks (UCBs)

On 15-02-2021, the Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (‘the Committee’) to examine the issues

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Published on July 20, 2022July 20, 2022By Bhumika Indulia
Leave a comment2381 views
SEBI
Legislation UpdatesNotifications

Levy of GST on the fees payable to SEBI

On 18-07-2022, SEBI has issued a circular for all the Market Infrastructure Institutions, Companies who have listed / are intending list their

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Published on July 19, 2022July 19, 2022By Bhumika Indulia
Leave a comment1608 views
Legislation UpdatesRules & Regulations

Andhra Pradesh Consumer Protection (Direct Selling) Rules, 2021

On 15-07-2022, the Consumer Affairs, Food & Civil Supplies Department, Andhra Pradesh has notified AP Consumer Protection (Direct Selling) Rules, 2021 to

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Published on July 18, 2022July 29, 2022By Editor_4
Leave a comment2237 views
Legislation UpdatesNotifications

Ministry of Finance notifies 7.1% rate of interest under the special deposit scheme

On 14-07-2022, the Ministry of Finance has notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and

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Published on July 18, 2022July 18, 2022By Bhumika Indulia
Leave a comment2548 views
SEBI
Legislation UpdatesNotifications

SEBI declares Zero coupon, zero principal bond as securities

The Central Government has declared “zero coupon zero principal instruments” as securities for the purposes of the Securities Contracts (Regulation) Act, 1956.

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Published on July 18, 2022July 18, 2022By Bhumika Indulia
Leave a comment2094 views
Legislation UpdatesRules & Regulations

Legal Metrology (Packaged Commodities) (Second Amendment) Rules, 2022

The Department of Consumer Affairs has issued the Legal Metrology (Packaged Commodities) (Second Amendment) Rules, 2022 in order to allow the electronic

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Published on July 18, 2022July 18, 2022By Bhumika Indulia
Leave a comment2828 views
Legislation UpdatesRules & Regulations

Provision for Work from Home for the Unit introduced vide SEZ (Third Amendment) Rules, 2022

On 13-07-2022, the Ministry of Commerce and Industry has issued the Special Economic Zones (Third Amendment) Rules, 2022 to further amend the

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Published on July 15, 2022July 15, 2022By Bhumika Indulia
Leave a comment2530 views
CBIC
Legislation UpdatesRules & Regulations

CBIC notifies Controlled Delivery (Customs) Regulations, 2022

The Central Board of Indirect Taxes and Customs (CBIC) has notified Controlled Delivery (Customs) Regulations, 2022 in order to track shipments of

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Published on July 14, 2022July 14, 2022By Bhumika Indulia
Leave a comment1996 views
Legislation UpdatesNotifications

RBI imposes penalty of more than Rs. 1 crore on Ola Financial Services Private Ltd. for non-compliance with Master Direction on Prepaid Payment Instruments, 2021 and Know Your Customer, 2016

On 12-07-2022, the Reserve Bank of India (‘RBI’) imposed a penalty of Rs 1 crore and 67.80 lakh on Ola Financial Services

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Published on July 14, 2022July 14, 2022By Editor_4
Leave a comment1819 views
Legislation UpdatesRules & Regulations

Application u/s 158AB to defer filing of appeal before Tribunal or jurisdictional High Court introduced vide Income-tax (Twenty Second Amendment) Rules, 2022

The Central Board of Direct Taxes notifies Income-tax (Twenty Second Amendment) Rules, 2022 to amend the Income-tax Rules, 1962. The amendment introduces

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Published on July 14, 2022July 14, 2022By Bhumika Indulia
Leave a comment2388 views
Legislation UpdatesNotifications

RBI issues guidelines on International Trade Settlement in Indian Rupees

    On 11-07-2022, Reserve Bank of India has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of

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Published on July 13, 2022July 13, 2022By Editor_4
Leave a comment2445 views
Central Government Notification
Legislation UpdatesRules & Regulations

Remunerations of Executive Officers in Arbitration Council decide vide Arbitration Council of India (Terms and conditions and salary and allowances payable to Chairperson and Members) Rules, 2022

On 9-7-2022, Central Government notified Arbitration Council of India (Terms and conditions and salary and allowances payable to Chairperson and Members) Rules,

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Published on July 12, 2022July 12, 2022By Editor_4
Leave a comment1803 views
Legislation UpdatesRules & Regulations

Meity issues Draft Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

On 6-7-2022, Ministry of Electronics & Information Technology published draft amendment rules to amend the Information Technology (Intermediary Guidelines and Digital Media

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Published on July 12, 2022July 12, 2022By Editor_4
Leave a comment1799 views

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