Mexico | Amendments to Federal Labor Law
On 28th April, 2022 Mexico’s Federal Official Gazette published two decrees amending several Articles of Federal Labor Law (FLL). The FLL is
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REIT and InvIT timelines reduced vide Reduction of timelines for listing of units of Infrastructure Investment Trust (InvIT)/ Real Estate Investment Trust (REIT)
On 28th April, 2022, Securities and Exchange Board of India (SEBI) issued circulars namely, Reduction of timelines for listing of units of
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Regulating NBFCs’ Nomination and Remuneration Committees via Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
On 29th April 2022, Reserve Bank of India (RBI), issued guidelines on Key Managerial Personnel (KMP) and Senior Management in NBFCs. These
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RBI introduces Master Directions – RBI (Credit Card and Debit Card-Issuance and Conduct) Directions, 2022
On 21st April, 2022, Reserve Bank of India issued Master Directions– RBI (Credit Card and Debit Card- Issuance and Conduct) Directions, 2022.
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Croatia | Whistleblower Protection Act comes into force
On 23rd April, 2022 the new Croatia Whistleblower Law came into force. The aim of the law is to protect the whistleblowers
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CBDT notifies manner for filing updated return of income and Form ITR-U vide Income-tax (Eleventh Amendment) Rules, 2022
On April 29, 2022, the Central Board of Direct Taxes (CBDT) has issued the Income-tax (Eleventh Amendment) Rules, 2022 to amend the
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Cabinet approves signing of the MoU between India and Chile for cooperation in Disability Sector
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has approved the signing of the Memorandum of Understanding between
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IFSCA issues framework for FinTech entity in IFSCs
The International Financial Services Centres Authority (IFSCA) has issued a detailed “Framework for FinTech Entity in the IFSCs” in order to develop
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Merchant Shipping (Recruitment and Placement of Seafarers) Amendment Rules, 2022
The Central Government notified Merchant Shipping (Recruitment and Placement of Seafarers) Amendment Rules, 2022 to amend the Merchant Shipping (Recruitment and Placement
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Services engaged in the Banking industry to be a public utility service
On April 26, 2022, the Central Government has notified that the services engaged in the Banking industry to be a public utility
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Custodians holding certificate of registration may provide custodial services for silver related instruments vide SEBI (Custodian) (Amendment) Regulations, 2022
The Securities and Exchange Board of India has issued the Securities and Exchange Board of India (Custodian) (Amendment) Regulations, 2022 to amend
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Electricity (Rights of Consumers) Amendment Rules, 2022
On April 20, 2022, the Ministry of Power has issued the Electricity (Rights of Consumers) Amendment Rules, 2022 to amend Electricity (Rights
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Income-tax (10th Amendment) Rules, 2022
On April 22, 2022, the Central Board of Direct Taxes (CBDT) has issued the Income-tax (10th Amendment) Rules, 2022 to amend the
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Conditions for furnishing return of income by persons referred in section 139 (1) introduced vide Income-tax (Ninth Amendment) Rules, 2022
On April 21, 2022, the Central Board of Direct Taxes (CBDT) has issued the Income-tax (Ninth Amendment) Rules, 2022 to amend Income-tax
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Finance ministry undertakes fund activities of IFSCA via IFSCA (Fund Management) Regulations, 2022
On 19th April, 2022, Ministry of Finance introduced International Financial Services Centres Authority (Fund Management) Regulations, 2022. These regulations aim to define
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Canada-Ontario| Working for Workers Act, 2022 receives royal assent
On 11th April 2022, Bill 88, Working for Workers Act 2022 has received the Royal Assent. The new law amends some of
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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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