Legislation Updates Archives

SEBI (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021

The Securities and Exchange Board of India has issued the Securities and Exchange Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations,

Legislation Updates

Reserve Bank of India (Prudential Norms on Capital Adequacy for Local Area Banks) Directions, 2021

The Reserve Bank of India has issued the Reserve Bank of India (Prudential Norms on Capital Adequacy for Local Area Banks) Directions,

Foreign Legislation Legislation Updates

Hong Kong passes new film censorship law

The Government of Hong Kong has passed a new legislation banning films that are contrary to China’s national security interest. The new

Legislation Updates Rules & Regulations

IFSCA (Capital Market Intermediaries) Regulations, 2021

The International Financial Services Centres Authority has notified the IFSCA (Capital Market Intermediaries) Regulations, 2021 vide notification dated October 18, 2021.

Legislation Updates Rules & Regulations

Provisions for adjustment of tariff in cases where there is a change in law notified vide the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021

The Ministry of Power has notified the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021 vide notification dated

Legislation Updates Notifications

MCA allows LLPs to file Form 8 without additional fess till 30.12.2021

On October 26, 2021, the Ministry of Corporate Affairs has issued a notification regarding relaxations in paying additional fees in case of

Legislation Updates Rules & Regulations

Centre notifies new road safety draft rules for children below 4 years

On October 21, 2021, Ministry of Road Transport and Highways has notified draft rules for safety of children below 4 years. The

Legislation Updates Rules & Regulations

Compensation Rules for curtailing ‘Must Run’ Renewable Power notified vide Electricity (Promotion of Generation of Electricity from Must-Run Power Plant) Rules, 2021

On October 22, 2021, the Central Government notified Electricity (Promotion of Generation of Electricity from Must-Run Power Plant) Rules, 2021. Key points:

Legislation Updates Notifications

Ministry of Labour and Employment declares services engaged in Banking industry to be a public utility service

On October 14, 2021, the Ministry of Labour and Employment (MoLE) has declared the services engaged in the Banking industry, which is

Legislation Updates Rules & Regulations

IFSCA (Registration of Insurance Business) Regulations, 2021

On October 18, 2021, the International Financial Services Centres Authority (IFSCA) has issued the International Financial Services Centres Authority (Registration of Insurance

Legislation Updates Notifications

SEBI clarifies modalities for filing of placement memorandum through a Merchant Banker

On October 21, 2021, the Securities and Exchange Board of India (SEBI) has issued a circular to provide specifications on Modalities for

Legislation Updates Rules & Regulations

International Financial Services Centres Authority (Insurance Intermediary) Regulations, 2021

The International Financial Services Centres Authority has notified the IFSCA (Insurance Intermediary) Regulations, 2021, vide notification dated October 18, 2021. The Regulation

Foreign Legislation Legislation Updates

USA- California| New Law Regulating Charitable Fundraising Platforms

The Government of California has notified Assembly Bill 488 on October 7, 2021. The law amends The Supervision of Trustees and Fundraisers for Charitable Purposes

Legislation Updates Notifications

PLI scheme for Promoting Telecom and Networking Products Manufacturing launched in India

The Ministry of Communication has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products on October 14, 2021. The Scheme will be effective from

Foreign Legislation Legislation Updates

New York | NYC Council passes Food Delivery App Laws, offering protection to delivery persons; awaiting assent

The New York City Council has passed various bills on September 23, 2021, offering protection to delivery workers in New York. The bills are awaiting Mayor’s assent. The key

Legislation Updates Rules & Regulations

Delhi Prevention and Control of Malaria, Dengue, Chikungunya or any Vector Borne Disease Regulations, 2021, notified

The Delhi Government has notified the Delhi Prevention and Control of Malaria, Dengue, Chikungunya or any Vector Borne Disease Regulations, 2021 vide

Legislation Updates Rules & Regulations

Aadhaar (Pricing of Aadhaar Authentication Services) Regulations, 2021

The Unique Identification Authority of India (UIDAI) has issued the Aadhaar (Pricing of Aadhaar Authentication Services) Regulations, 2021 vide notification dated October