Overseas investment by Alternative Investment Funds (AIFs)/ Venture Capital Funds (VCF) enhanced
SEBI has issued a circular dated May 21, 2021 in consultation with the Reserve Bank of India to protect the interests of
Continue readingNotifications
Notifications issued by various government departments, government bodies etc.
CBDT notifies computation of Fair Market Value of Capital Assets under Income Tax (16th Amendment) Rules, 2021
The Central Board of Direct Taxes vide Notification No. 68/2021 dated 24.05.2021 has notified Income tax (16th Amendment) Rules, 2021 to further
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USA| President passes Executive Order on Improving Nation’s Cybersecurity
President Biden has issued the Executive Order on Improving the Nation’s Cybersecurity on May 12, 2021. The Cybersecurity policy is aimed at
Continue readingDGTR recommends levy of anti-dumping duty on import of Phthalic Anhydride (PAN) from China, Korea, Indonesia and Thailand
The Directorate General of Trade Remedies (DGTR) has recommended levy of anti-dumping duty on import of Phthalic Anhydride (PAN) from China, Korea,
Continue readingGovernment extends validity of registration certificates for NGOs under FCRA Rules till September 30
The Ministry of Home Affairs has issued public notice dated 18.05.2021, extending the validity of the registration certificates issued to NGOs under
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Delhi Government directs principal employers to mandatorily register their Inter-State Migrant workers with Labour Department
On May 14, 2021, Government of National Capital Territory of Delhi directed the principal employers employing or (have employed during the last
Continue readingSEBI | Relaxation from compliance to REITs and InvITs due to the COVID -19 pandemic
SEBI has extended the due date for regulatory filings and compliances for InvITs and REITs for the period ending March 31, 2021
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Government notifies draft rules- Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council and Adjudication of Disputes of Trade Unions Rules, 2021
The Central Government has issued a Notification publishing the draft Rules – Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council
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IRDAI issues norms on settlement of COVID-19 health insurance claims
The IRDAI has issued norms for settling COVID-19 health insurance claims vide Circular dated April 29, 2021. The norms have been issued
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IFSCA issues Guidelines for issuance of Certificate of Deposits
The International Financial Services Centres Authority has issued guidelines for issuance of Certificate of Deposits vide circular dated May 10, 2021.
Continue readingSEBI issues Circular on “Business Responsibility and Sustainability Reporting by listed entities”
On May 10, 2021, SEBI issued a Circular containing the format of the Business Responsibility and Sustainability Report (“BRSR”). The BRSR is
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Thailand | Enforcement of Personal Data Protection Act deferred by a year
On May 5, 2021, the Thai Cabinet, citing the pandemic, has further postponed the enforcement of the PDPA to one year, i.e.
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Exemption of Section 269ST of IT Act for hospitals and other medical facilities providing COVID-19 treatment, notified
The Central Government specifies Hospitals, Dispensaries, Nursing Homes, COVID Care Centres or similar other medical facilities providing COVID treatment to patients for
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COVID-19 | MCA offers relaxation in the number of board meetings and filing of forms
On May 3, 2021, the Ministry of Corporate Affairs issued a notification whereby the rules in respect of number of board meetings
Continue readingMinistry of Labour and Employment to collect Aadhar details from beneficiaries under Social Security Code, 2020
The Ministry of Labour & Employment has issued a notification on May 3, 2021 to enforce Section 142 of the Social Security
Continue readingAmendment to Rule 16(I) and 61 of Post Office Life Insurance Rule, 2011
On April 15, 2021, the President made following amendments to Rule16 (i) and Rule 61 of “Post Office Life Insurance Rules, 2011″.
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Banks Board Bureau notified as the Bureau for recommending candidates under National Bank for Financing Infrastructure and Development Act
The Central Government notifies Banks Board Bureau, an autonomous body of the Government of India, as the Bureau for the purpose of
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Extension of Last Date for Linking Aadhaar number with PAN from March 31, 2021 to June 30, 2021
In view of the COVID-19 pandemic, certain time limits specified under the various tax and Benami laws have been extended by the
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Amendments in Schedule III of Companies Act, 2013 and New Trade Payables Ageing Schedule, notified
The Ministry of Corporate Affairs amends Schedule III of the Companies Act, 2013. It shall come into effect on April 1, 2021.
Continue readingDGFT notifies online filing of requests for closure of advance authorizations
DGFT has revamped its IT systems to provide a paperless, contactless, electronic interface to the exporters/importers and other stakelholders of DGFT. The
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