Legislation Updates Archives

Credit Information Companies (Amendment) Regulations, 2021

The Reserve Bank of India notifies Credit Information Companies (Amendment) Regulations, 2021 to amend the Credit Information Companies Regulations, 2006. Key Amendment:

Legislation Updates Rules & Regulations

Amendment in Drugs Rules, 1945 to omit provisions for issuing duplicate copy of import licence and registration certificate

The Central Government, after consultation with the Drugs Technical Advisory Board makes Drugs (6th Amendment) Rules, 2021 further to amend the Drugs

Legislation Updates Statutes/Bills/Ordinances

Lok Sabha passes Farm Laws Repeal Bill, 2021

On November 29, 2021, the Lok Sabha has passed Farm Law Repeal Bill, 2021. The Bill will repeal the following Acts:

Legislation Updates Notifications

Ministry notifies Production Linked Incentive (PLI) scheme for the Pharmaceutical Sector

The Ministry of Chemical and Fertilizers has notified the Production Linked Incentive (PLI) scheme for the Pharmaceutical Sector on November 26, 2021.

Legislation Updates Notifications

SEBI issues circular on publishing investor charter and disclosure of investor complaints by merchant bankers on their websites for public offers by REITs and InvITs

SEBI has issued a circular in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act,

Legislation Updates Rules & Regulations

Delhi Goods and Services Tax (Fourteenth Amendment) Rules, 2020

The National Capital Territory of Delhi has notified the Delhi Goods and Services Tax (Fourteenth Amendment) Rules, 2020 vide notification dated November,

Legislation Updates Notifications

MCA launches consultation with public concerning Cross-Border Insolvency under Insolvency and Bankruptcy Code, 2016

The Ministry of Corporate Affairs has invited public comments on the proposed legal framework for cross-border insolvency under the Insolvency and Bankruptcy

Foreign Legislation Legislation Updates

New York | Employee monitoring law comes into force

New York Government has enacted a law governing employee monitoring. The law applies to New York employers who monitor employees through electronic

Legislation Updates Rules & Regulations

National Medical Commission (Foreign Medical Graduate Licentiate) Regulations, 2021

The National Medical Commission has notified the National Medical Commission (Foreign Medical Graduate Licentiate) Regulations, 2021 on 18th November 2021. The regulations

Legislation Updates Rules & Regulations

National Medical Commission (Prevention and Prohibition of Ragging in Medical Colleges and Institutions) Regulations, 2021

The National Medical Commission has notified the National Medical Commission (Prevention and Prohibition of Ragging in Medical Colleges and Institutions) Regulations, 2021

Legislation Updates Notifications

National Health Authority invites suggestions on consultation paper on health data retention policy

On November 23, 2021, the National Health Authority (‘NHA’) released a consultation paper on a proposed health data retention policy. Key

Legislation Updates Notifications

SEBI issues circular on non-compliance with certain provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

On November 23, 2021, the Securities and Exchange Board of India (SEBI) has issued a circular on Non-compliance with certain provisions of

Legislation Updates Rules & Regulations

Income-tax (32nd Amendment) Rules, 2021

The Central Board of Direct Taxes has notified the Income-tax (32nd Amendment) Rules, 2021 to further amend the Income-tax Rules, 1962 vide

Legislation Updates Statutes/Bills/Ordinances

Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 to be introduced in Parliament’s winter session; could bar private cryptocurrencies in India

The Central Government has proposed to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the upcoming winter session

Legislation Updates Rules & Regulations

Major Port Authorities (Corporate Social Responsibility) Rules, 2021

The Ministry of Ports, Shipping and Waterways has notified the Major Port Authorities (Corporate Social Responsibility) Rules, 2021 vide notification dated November

Legislation Updates Rules & Regulations

National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021

The National Medical Commission has issued the National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021 vide notification dated November 18, 2021.

Legislation Updates Notifications

Delhi Government notifies commencement date of certain provisions of DGST(Amendment) Act, 2021

The Finance Department (Delhi) on November 18, 2021 has issued a notification to provide the date of commencement for certain provisions of

Foreign Legislation Legislation Updates

US Department of Labor announces final rule to increase minimum wage for workers on federal contracts beginning Jan 30, 2022

On November 22, 2021, the U.S. Department of Labor’s Wage and Hour Division announced a final rule that increases the hourly minimum wage for certain federal contractors to $15 effective

Legislation Updates Notifications

CBIC amends GST Rates on man-made fibres, apparel, fabrics, footwear w.e.f. 01.01.2022

On November 18, 2021, the Central Board of Indirect Customs amends GST Rates on man-made fibres, apparel, fabrics, footwear w .e.f. 01.01.2022.

Legislation Updates Rules & Regulations

Hazardous and Other Wastes (Management and Transboundary Movement) Second Amendment Rules, 2021

On November 12, 2021, Ministry of Environment, Forest and Climate Change (MoEFCC) has issued Hazardous and Other Wastes (Management and Transboundary Movement)