RBI mandates NBFC to make additional disclosure in financial statements
On April 19, 2022, the Reserve Bank of India has mandated NBFCs to make additional disclosure in financial statement in accordance with
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RBI notifies limits for investment in debt and sale of credit default swaps by FPIs
On April 19, 2022, the Reserve Bank of India (RBI) has issued a notification on Limits for investment in debt and sale
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Minimum paid up equity share capital increased from five lakh to ten lakh rupees vide Nidhi (Amendment) Rules, 2022
On April 19, 2022, the Ministry of Corporate Affairs has notified Nidhi (Amendment) Rules, 2022 to amend the Nidhi Rules, 2014. Key
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Centre unifies Delhi’s three civil corporations into ‘Municipal Corporation of Delhi’ vide Delhi Municipal Corporation (Amendment) Act, 2022
On 18th April, 2022, Central government notified Delhi Municipal Corporation (Amendment) Act, 2022. In an attempt to improvise the constitutional setup of
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CBDT notifies NBFID under section 10(48D) of Income Tax Act, 1961
On April 18, 2022, the Central Government in exercise of the powers conferred by clause (48D) of section 10 of the Income-tax
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Criminal Procedure (Identification) Bill, 2022 receives President’s assent
On April 18, 2022, the Criminal Procedure (Identification) Bill, 2022 has received President’s assent in order to authorise the law enforcement agencies
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ESIC relaxes timeline for depositing and filing ESI contribution
On April 13, 2022, the Employees State Insurance Corporation has relaxed the time limit for depositing and filing ESI contribution and has
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US-Virginia| New Overtime Wage Law
On 11th April 2022, Governor Glenn Youngkin signed into law House Bill (HB) 1173 and Senate Bill (SB) 631. It was sent
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Goa Boiler (Fifth Amendment) Rules, 2022
On April 07, 2022, the Government of Goa has notified the Goa Boiler (Fifth Amendment) Rules, 2022 to further amend the Goa
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Authorised share capital of three public sector general insurance companies enhanced vide National Insurance Company Limited (Merger) Amendment Scheme, 2022
The Central Government notifies National Insurance Company Limited (Merger) Amendment Scheme, 2022 to amend the National Insurance Company Limited (Merger) Scheme, 1973.
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Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2022
On April 12, 2022, the Department of Economic Affairs (DEA) has issued the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2022 to
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Canada – Ontario | Increase in Minimum Wages w.e.f October 1, 2022
On 5th April 2022, Employment and Social Development Canada (ESDC) has announced that the minimum wage will increase from $15 to $15.55
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SEBI terms “Asset Cover” as “Security Cover” vide SEBI (Listing Obligations and Disclosure Requirements) (3rd Amendment) Regulations, 2022
On 11th April, 2022, Securities and Exchange Board of India issues Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
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Cabinet approves signing of Bilateral MoU between SEBI and Financial Regulatory Commission, Mongolia
On April 08, 2022, the Union Cabinet has approved the proposal for signing a bilateral Memorandum of Understanding (MoU) between Securities and
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Cabinet approves granting one-time window to Government Companies to surrender non-operational coal mines without penalty
On April 08, 2022, the Cabinet Committee on Economic Affairs has approved the Ministry of Coal’s proposal for providing a one-time window
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Parliament passes Criminal Procedure (Identification) Bill 2022
On April 06, 2022, the Rajya Sabha passed the Criminal Procedure (Identification) Bill, 2022 and it was passed in the Lok Sabha
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Infrastructure Debt Fund guidelines modified vide Income-tax (8th Amendment) Rules, 2022
On 6th April, 2022, Ministry of Finance notified Income Tax (8th Amendment) Rule, 2022. This amendment aims to amend the guidelines of
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OFCCP issues new directive to provide transparency on OFCCP’s compliance evaluation policies for contractors
On 31st March 2022 U.S Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) issued a new Directive 2022-02. OFCCP is
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Application for renewal of license to be made within 18 months of expiry vide Drugs (4th Amendment) Rules, 2022
On April 04, 2022, the Central Government has notified the Drugs (4th Amendment) Rules, 2022 to further amend the Drugs Rules, 1945.
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Karnataka Government extends period of payment of taxes on motor vehicles vide Motor Vehicles Taxation (Amendment) Act, 2022
On 31st March, 2022, Karnataka Government passed Motor Vehicles Taxation (Amendment) Act, 2022. This act seeks to amend Karnataka Motor Vehicles Taxation
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