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Legislation Updates

Legislation UpdatesNotifications

National Tuberculosis Control Programme to be administered via web based application ‘Nikshay’

Ministry of Health & Family Welfare is administering the Centrally Sponsored Scheme of Revised National Tuberculosis Control Programme (RNTCP) using a web

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Published on June 20, 2017By Saba
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Legislation UpdatesRules & Regulations

Insolvency and Bankruptcy Board of India notifies Fast Track Insolvency Resolution Process for Corporate Persons Regulations

The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by Sections 58, 196 and 208 read with

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Published on June 16, 2017By Saba
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Cabinet DecisionsLegislation Updates

Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017

The Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill would provide for

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Published on June 16, 2017April 27, 2018By Saba
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Legislation UpdatesNotifications

CBDT notifies changes in Rules related to refund of TDS

[Notification No. 45/2017 , dated 5th June, 2017] G.S.R. 554(E).—In exercise of powers conferred by Section 295 of the Income Tax Act, 1961

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Published on June 7, 2017By Saba
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Legislation UpdatesRules & Regulations

Sale of cows at animal markets banned

G.S.R. 494(E).—Whereas the draft Prevention of Cruelty to Animals (Regulation of Livestock Markets) Rules, 2016 were published, as required under sub-section (1)

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Published on May 29, 2017By Saba
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Legislation UpdatesNotifications

Grant of Licence for Manufacture of Defence Items

Vide Notification S.O. 1636 (E) dated 19.05.2017  of Ministry of Home Affairs, powers and functions under sub-section (1) of Section (5), clauses

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Published on May 29, 2017By Saba
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Legislation UpdatesStatutes/Bills/Ordinances

Comments invited on the Draft ‘Fugitive Economic Offenders Bill, 2017’

It is widely felt that the spectre of high-value economic offenders absconding from India to defy the legal process seriously undermines the

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Published on May 20, 2017May 20, 2017By Saba
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Legislation UpdatesNotifications

Govt. to amend law to allow public projects near protected heritage sites

The Union Cabinet  has approved the introduction of the Ancient Monuments and Archaeological Sites Remains (Amendment) Bill, 2017 in Parliament. To make way

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Published on May 18, 2017By Saba
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Legislation UpdatesNotifications

Cabinet approves amendment of Public Premises (Eviction of Unauthorized Occupants) Act, 1971 enabling summary eviction proceedings in residential accommodation

The Union Cabinet has given its approval for amendment in Section 2 and Section 3 of the Public Premises (Eviction of Unauthorised

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Published on May 17, 2017By Saba
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Legislation UpdatesNotifications

Govt. notifies Exemption from quoting Aadhaar/Enrolment ID to certain individuals

The Central Government vide notification dated 11th May, 2017 has notified that the requirement of quoting of Aadhaar/Enrolment ID shall not apply

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Published on May 14, 2017By Saba
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Legislation UpdatesNotifications

Draft ICDS on Real Estate Transactions notified

The Committee constituted by the Finance Minister to suggest the areas in respect of which further Income Computation and Disclosure Standards (ICDS)

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Published on May 12, 2017By Saba
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Legislation UpdatesNotifications

RBI can direct banks to initiate insolvency resolution process 

S.O. 1435(E).-In exercise of the powers conferred by Section 35AA of the Banking Regulation Act, 1949 (10 of 1949), the Central Government hereby

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Published on May 10, 2017By Saba
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Legislation UpdatesNotifications

Benefit of enhanced maternity leave to be extended to women workers already on maternity leave on date of enforcement of Maternity Benefit (Amendment) Act, 2017

The Government has notified the Maternity Benefit (Amendment) Act, 2017 on 28th March, 2017 and the provisions of the Amendment Act have

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Published on May 9, 2017By Saba
1 Comment5338 views
Legislation UpdatesNotifications

Draft Rules relating to valuation of unquoted equity share for purposes of Sections 56 and 50CA of IT Act, 1961

The Finance Act, 2017 inserted clause (x) in sub-section (2) of Section 56 of the Income Tax Act 1961 (‘the Act’) so

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Published on May 8, 2017By Saba
Leave a comment3111 views
Legislation UpdatesStatutes/Bills/Ordinances

The Banking Regulation (Amendment) Ordinance, 2017 promulgated for resolution of stressed assets

The promulgation of the Banking Regulation (Amendment) Ordinance, 2017 inserting two new Sections (viz. 35AA and 35AB) after Section 35A of the

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Published on May 6, 2017By Saba
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Legislation UpdatesRules & Regulations

Insurance Ombudsman Rules, 2017, notified

G.S.R. 413(E).— Whereas, the draft of certain rules namely, the Insurance Ombudsman Rules, 2016, were published in the Gazette of India, Extraordinary,

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Published on May 4, 2017May 4, 2017By Saba
Leave a comment16586 views
Legislation UpdatesRules & Regulations

Mandatory FASTag fitment proposed on motor vehicles manufactured on/after 1-7-2017

G.S.R. 431(E).—The following draft rules further to amend the Central Motor Vehicles Rules, 1989, which the Central Government proposes to make in exercise

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Published on May 4, 2017By Saba
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Legislation UpdatesNotifications

SEBI issues circular on disclosure of executive remuneration by Mutual Funds/Asset Management Companies

Circular on Mutual Funds [SEBI/HO/IMD/DF2/CIR/P/2017/35  dated April 28, 2017] 1.Please  refer  to SEBI  Circular  No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated 18 March 2016. 2.In partial

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Published on May 4, 2017By Saba
Leave a comment4671 views
Legislation UpdatesRules & Regulations

Passport Authority to accept Prior Intimation Letter bearing employer’s acknowledgement for processing passport application

NOTIFICATION  [26th April, 2017] G.S.R. 410(E).—In exercise of the powers conferred by Section 24 of the Passports Act, 1967 (15 of 1967),

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Published on May 2, 2017By Saba
1 Comment10458 views
Foreign LegislationLegislation Updates

List of Scheduled Castes in the State of Odisha modified

The following Act of Parliament received the assent of the President on the 28th April, 2017, and is hereby published for general information:—

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Published on May 2, 2017By Saba
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