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Legislation Updates

Legislation UpdatesStatutes/Bills/Ordinances

Enforcement of various provisions of the Arbitration and Conciliation (Amendment) Act, 2019

The Arbitration and Conciliation (Amendment) Act, 2019 was notified on 09-08-2019. Sub-Section 2 of Section 1 of the Arbitration and Conciliation (Amendment)

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Published on September 4, 2019September 4, 2019By Bhumika Indulia
Leave a comment4575 views
Legislation UpdatesRules & Regulations

Amendment in Central Civil Services (Conduct) Rules, 1964 regarding acceptance of gifts by Govt. servants

All ministries/ departments/ offices are requested to bring the below-mentioned amendments to the notice of all administrative authorities under their control. Amendment

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Published on September 4, 2019July 30, 2021By Bhumika Indulia
Leave a comment4470 views
Cabinet DecisionsLegislation Updates

Cabinet approves infusion of capital by Government in IDBI Bank

Union Cabinet has approved the Infusion of Rs 4,557 crore by Government in IDBI Bank. It will help in completing the process of

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Published on September 3, 2019September 4, 2019By Bhumika Indulia
Leave a comment1790 views
Legislation UpdatesRules & Regulations

Prasar Bharati (Broadcasting Corporation of India) Director General (Akashvani) & Director General (Doordarshan) Recruitment Regulations, 2019 — Notified

No. N-10/001(6)/2015-PBRB—In exercise of the powers conferred by Section 9 and sub-section (5) of Section 11 read with clause (d) of sub-section

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Published on September 3, 2019September 3, 2019By Bhumika Indulia
Leave a comment3479 views
Legislation UpdatesStatutes/Bills/Ordinances

River Ganga (Rejuvenation, Protection and Management) Authorities (Second Amendment) Order, 2019 — Notified

S.O. 3163(E)––Whereas, the Central Government intends to take measures for prevention, control and abatement of environmental pollution in river Ganga and to

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Published on September 3, 2019July 30, 2021By Bhumika Indulia
Leave a comment3668 views
Legislation UpdatesStatutes/Bills/Ordinances

Central Govt. notifies — Foreigners (Tribunals) (Second Amendment) Order, 2019

G.S.R. 623(E)—In exercise of the powers conferred by Section 3 of the Foreigners Act, 1946 (31 of 1946), the Central Government hereby

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Published on September 3, 2019July 30, 2021By Bhumika Indulia
Leave a comment2754 views
Legislation UpdatesRules & Regulations

Central Board of Direct Taxes notifies the Income–tax (Fifth Amendment) Rules, 2019

G.S.R. 614(E)—In exercise of the powers conferred by Section 139 A read with Section 295 of the Income-tax Act, 1961 (43 of

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Published on September 1, 2019August 31, 2019By Bhumika Indulia
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Legislation UpdatesNotifications

Motor Vehicles (Amendment) Act, 2019 to be enforced from 01-09-2019

S.O. 3147(E)— In exercise of the powers conferred by sub-section (2) of Section 1 of the Motor Vehicles (Amendment) Act, 2019 (32

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Published on August 31, 2019August 31, 2019By Bhumika Indulia
Leave a comment5125 views
Cabinet DecisionsLegislation Updates

Cabinet approves 75 new Medical Colleges; to add 15,700 MBBS seats

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has given its approval for the establishment of 75

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Published on August 29, 2019August 29, 2019By Bhumika Indulia
1 Comment1829 views
Cabinet DecisionsLegislation Updates

Cabinet approves proposal for Review of FDI policy on various sectors

The Union Cabinet approved the proposal for Review of Foreign Direct Investment in various sectors. Major Impact and Benefits from FDI Policy

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Published on August 29, 2019August 29, 2019By Bhumika Indulia
Leave a comment2248 views
Cabinet DecisionsLegislation Updates

Cabinet approves amendments/changes in the — National Medical Commission Bill, 2019

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the amendments/changes in the National Medical Commission

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Published on August 29, 2019August 29, 2019By Bhumika Indulia
Leave a comment2111 views
Legislation UpdatesNotifications

MCA | Clarification under S. 232(6) of Companies Act, 2013; circular to remove doubts/ambiguities in “appointed date” & “acquisition date” with respect to mergers/amalgamations

Several queries have been received in the Ministry with respect to interpretation of the provision of Section 232(6) of the Companies Act,

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Published on August 28, 2019August 28, 2019By Bhumika Indulia
Leave a comment2497 views
Legislation UpdatesNotifications

Government withdraws enhanced surcharge on tax payable on transfer of certain assets

In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.

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Published on August 26, 2019August 27, 2019By Bhumika Indulia
Leave a comment2052 views
Legislation UpdatesRules & Regulations

Offshore Areas Mineral Concession (Amendment) Rules, 2019

G.S.R. 595(E)— In exercise of the powers conferred by Section 35 of the Offshore Areas Mineral (Development and Regulation) Act, 2002, the

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Published on August 26, 2019August 26, 2019By Bhumika Indulia
Leave a comment4024 views
Legislation UpdatesStatutes/Bills/Ordinances

Central Govt. notifies — Nidhi (Amendment) Rules, 2019

G.S.R. 467(E)—In exercise of the powers conferred by sub-section (1) of Section 406 read with sub-sections (1) and (2) of Section 469

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Published on August 23, 2019August 23, 2019By Bhumika Indulia
Leave a comment2470 views
Legislation UpdatesNotifications

CBDT issues clarification on eligibility of small Start-ups to avail tax holiday

The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to

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Published on August 23, 2019August 26, 2019By Bhumika Indulia
Leave a comment1803 views
Legislation UpdatesNotifications

Real Time Gross Settlement (RTGS) System – Increase in operating hours

At present, the RTGS system is available for customer transactions from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00

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Published on August 22, 2019August 23, 2019By Bhumika Indulia
Leave a comment2071 views
Legislation UpdatesNotifications

RBI | Processing of e-mandate on cards for recurring transactions

The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments,

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Published on August 22, 2019August 22, 2019By Bhumika Indulia
Leave a comment1992 views
Legislation UpdatesRules & Regulations

Foreign Exchange Management (Deposit) (Amendment) Regulations, 2019 – Acceptance of Deposits by issue of Commercial Papers

Sub-regulation (3) of Regulation 6 of the Foreign Exchange Management (Deposit) Regulations, 2016 , in terms of which a Company may accept

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Published on August 21, 2019August 21, 2019By Bhumika Indulia
1 Comment2936 views
Legislation UpdatesRules & Regulations

Central Govt. notifies — Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund)Second Amendment Rules, 2019

G.S.R. 571(E).—In exercise of the powers conferred under sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of Section 125 and

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Published on August 21, 2019August 21, 2019By Bhumika Indulia
Leave a comment2946 views

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