Directorate of Family Welfare notifies constitution of Medical Boards in the NCT of Delhi
The Medical Boards will be constituted in addition to the existing PMBs in different hospitals.
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Notifications issued by various government departments, government bodies etc.
SEBI issues Master Circular for Stockbrokers to increase accessibility by consolidating all relevant circulars
To enable the users to have access to the provisions of all applicable circulars in one place, SEBI has previously issued a Master Circular dated 22-05-2024 for Stockbrokers.
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Intellectual Property laws decriminalized and amended vide Jan Vishwas (Amendment of Provisions) Act, 2023 w.e.f. 01-08-2024
The amendments mentioned in the Schedule to the Jan Vishwas (Amendment of Provisions) Act, 2023 have either decriminalized, omitted, or revised the penalties for certain offences in Intellectual Property laws.
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Government notifies Constitution of GSTAT Principal Bench and State Benches
Government establishes Goods and Services Tax Appellate Tribunal.
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RBI imposes penalty of Rs. 1.9 Lakh on Muthoot Finance Ltd. for non-compliance with KYC Directions, 2016
Muthoot Finance had been allotting more than one UCIC to its individual customers in contradiction to the 2016 KYC Directions issued by the RBI.
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RBI revises Master Directions on Fraud Risk Management in Regulated Entities; rescinds 36 Circulars
The 2024 Master Directions are principle-based and have been issued to strengthen the role of the Board in overall governance as well as oversight of fraud risk management in Regulated Entities.
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SEBI lays down ‘Framework for Unit Based Employee Benefit Scheme’ vide SEBI (REIT) (Second Amendment) Regulations, 2024
As per the Regulations, the manager may offer unit-based employee benefit scheme based on the units of Real Estate Investment Trusts subject to compliance with Chapter IVA.
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SEBI widens scope of ‘liquid asset’ for ESG Rating Providers vide SEBI (Credit Rating Agencies) (Amendment) Regulations, 2024
Previously, ‘liquid asset’ included low-risk assets such as cash, fixed deposits, government securities, treasury bills, and repo on government securities.
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SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2024
The 2024 Regulations amend the obligations of the issuers to include fixing a record date for payment of interests, dividends, etc.
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SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2024
The 2024 Regulations have been notified to modify Regulation 52 of the 2015 Listing Obligations and Disclosure Requirements issued by SEBI.
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SEBI issues Master Circular to consolidate all relevant circulars for Surveillance of Securities Market; rescinds 15 circulars
A Master Circular in the form of a compilation of provisions of all relevant circulars for surveillance of securities market was last issued on 23-03-2023.
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RBI imposes penalty of Rs. 1.31 Crore on Punjab National Bank for non-compliance of directions on ‘Loans and Advances’ and ‘KYC’
The Reserve Bank of India imposed monetary penalty on Punjab National Bank due to deficiencies in regulatory compliance.
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SEBI issues Master Circular for Mutual Funds rescinding 16 circulars
This Master Circular for Mutual Funds includes all previous guidelines/directions that were included in the Master Circular dated 19-05-2023.
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Certain provisions of Telecommunications Act, 2023, notified
The Telecommunications Act, 2023 aims to replace the 138-year-old Indian Telegraph Act, 1885.
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53rd GST Council Meeting | Aadhaar-Based Biometric Authentication to roll out; Railways and Hostels remains exempted from GST
Read all the recommendations and updates on the 53rd GST Council Meeting held on 22-06-2024, under the Chairmanship of Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs.
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Reserve Bank of India imposes penalty of 1.45 Crore on Central Bank of India for non-compliance with directions
RBI imposed penalty on Central Bank of India for failing to comply with directions for Loans and Advances as well as Customer Protection.
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SEBI revises provisions relating to FPIs holding securities in India whose Certificate of Registration is not valid as on 3-6-2024
SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2024 notified
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SEBI introduces Framework for Issuance of Subordinate Units
SEBI notifies SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024.
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SEBI issues Master Circular to include all previous circulars related to Foreign Portfolio Investors, Designated Depository Participants, and Eligible Foreign Investors
The issuance of this 2024 Master Circular rescinds 7 previous circulars related to Foreign Portfolio Investors, Designated Depository Participants, and Eligible Foreign Investors
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RBI imposes penalty of 3 Lakh on Hero FinCorp for non-compliance with Fair Practices Code
RBI imposed penalty on Hero FinCorp for failing to comply with 2016 Directions related to Fair Practices Code.
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