SEBI issues new guidelines for tendering and settlement of shares through stock exchange
The Securities and Exchange Board of India has issued a circular dated August 13, 2021 stating that a lien shall be marked
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Export of Rapid Antigen Test kits banned by DGFT
The Directorate General of Foreign Trade, Ministry of Commerce and Industry, has issued a notification dated August 16, 2021, amending the export
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SEBI imposes additional penalty for repeated delivery default
The Securities and Exchange Board of India has issued circular dated August 17 2021, imposing additional penalties for repeated delivery default. The
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ESIC notifies COVID-19 Relief Scheme for insured persons
The Employees State Insurance Corporation has notified the Covid-19 Relief Scheme on 11th August 2021 as a welfare measure for the Insured
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SEBI revises format for disclosure of shareholding pattern of promoters and promoter group entities
The Securities and Exchange Board of India has issued circular dated August 13 2021, revising the format for disclosure of shareholding pattern
Continue readingUrban street vendors included under MSMEs
The Ministry of Micro, Small and Medium Enterprises has issued an office memorandum dated August 9, 2021 which includes the urban street
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Tamil Nadu Government reduces rate of VAT for sale of petrol
The Government of Tamil Nadu has issued an order, reducing the VAT for sale of petrol on August 13, 2021. The Governor
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Explained| How to know if a document is a mortgage or a conditional sale?
Supreme Court: The bench of Hemant Gupta and AS Bopanna, JJ has held that in order to determine whether a document is
Continue readingRBI extends deadline of ‘On Tap Targeted Long-Term Repo Operations scheme’
The Reserve Bank of India has extended the On Tap Targeted Long-Term Repo Operations (TLTRO) Scheme till 31st December 2021, notified vide
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Inland Vessels Act, 2021
The Inland Vessels Act, 2021 was assented by the President on August 12, 2021. It replaces the Inland Vessels Act, 1917. The
Continue readingUSA- Minnesota | New and expectant parents accorded workplace protections under new legislation
The Minnesota Government has passed legislation that strengthen workplace protections for new and expectant parents. The new law comes into effect on
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SEBI issues guidelines on issuance of non-convertible debentures with warrants through Qualified Institutional Placement
The Securities and Exchange Board of India has issued circular dated 13th August 2021 providing the guidelines on issuance of non-convertible debt
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Commissioner empowered to call for furnishing any information under Delhi GST Act, 2017 vide Delhi GST (Amendment) Act, 2021
The Department of Law, Justice and Legislative Affairs has passed the Delhi Goods and Services Tax (Amendment) Act, 2021 to amend the
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Revision of Ceiling Prices to be carried out every five years vide Drugs (Prices Control) Third Amendment Order, 2021
The Ministry of Chemicals and Fertilizers notified the Drugs (Prices Control) Third Amendment Order, 2021 on August 12, 2021. It amends the
Continue readingMinimum pension of INR 3000 per month to be awarded under National Pension Scheme for Traders, Shopkeepers and Self-Employed Person, 2019
The Ministry of Labour and Employment has passed the National Pension Scheme for Traders, Shopkeepers and Self- Employed Persons, 2019 vide notification
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Central Government has power to prohibit strikes, lock-outs, and lay-offs in units engaged in essential defence services vide Essential Defence Services Act, 2021
The Central Government has notified the Essential Defence Services Act, 2021 on August 11, 2021. It shall be deemed to have come
Continue readingBattery-operated motor cabs, driven on methanol and ethanol exempted from necessity of permits vide Rent-a-Cab (Amendment) Scheme 2021
The Central Government has notified Rent-a-Cab (Amendment) Scheme 2021 on August 5, 2021. The Amendment provides that the battery-operated motor cabs and
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Every factor shall register transaction with registry under SARFAESI, vide Factoring Regulation (Amendment) Act, 2021
The Parliament passes the Factoring Regulation (Amendment) Act, 2021 on 7th August, 2021, amending the Factoring Regulation Act, 2011. Key changes enacted
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Determination of income of specified funds associated with units held by NRI, notified vide Income tax Amendment (22nd Amendment), Rules, 2021
The Central Board of Direct taxes has notified the Income tax Amendment (22nd Amendment), Rules, 2021 through circular dated the 9th August,
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Explained: Explanation 3C of Section 43B of Income Tax Act, 1961 clarificatory or adds a new condition?
Supreme Court: The division bench of RF Nariman* and BR Gavai, JJ has explained the object and scope of Explanation 3C of
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