Legislation Updates Archives

SEBI issues directions to stock exchanges in Commodity Derivatives segment

SEBI has issued directions to Stock Exchanges having Commodity Derivatives Segment in respect of trading in derivative contracts in following commodities: The

Legislation Updates Notifications

SEBI issues circular on publishing of investor charter and disclosure of complaints by custodians and DDPs on their websites

On December 17, 2021, SEBI after due consultation has developed Investor Charters for Custodians and DDPs which inter-alia deals with services provided

Legislation Updates Notifications

Meghalaya Government notifies minor veterinary services to be rendered by non-graduate para veterinarian

The State Government of Meghalaya has released an order dated December 13, 2021, enlisting certain minor veterinary services which can be provided

Legislation Updates Rules & Regulations

Gujarat Goods and Services Tax (Ninth amendment) Rules, 2021

On December 13, 2021, the Finance Department of Gujarat on December 13, 2021 has issued the Gujarat Goods and Services Tax (Ninth

Legislation Updates Rules & Regulations

Bihar Biological Diversity (Amendment) Rules, 2021 extends tenure of Biodiversity Management Committees till tenure of Government Advisory Committees

The Government of Bihar has notified the Bihar Biological Diversity (Amendment) Rules, 2021 vide notification dated December 9, 2021, to further amend

Foreign Legislation Legislation Updates

USA | Temporary Waiver of “60-Day Rule” for Report of Medical Examination and Vaccination Record (Form I-693)

On December 10, 2021, the U.S. Citizenship and Immigration Services (USCIS) has issued a notice stating temporarily waiving of the requirement that

Legislation Updates Notifications

Maharashtra Government revises Excise Duty for wine manufacturers

The Government of Maharashtra has revised the Excise Duty for wine manufacturers holding licence in FORM BRL vide notification dated December 13,

Legislation Updates Statutes/Bills/Ordinances

Dam Safety Act, 2021

On December 13, 2021, the Dam Safety Act received President’s assent in order to provide for surveillance, inspection, operation and maintenance of

Legislation Updates Rules & Regulations

Format for submitting proposal for auction of an area for grant of composite licence introduced vide Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021

The Central Government has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral

Legislation Updates Notifications

Notification of Operating Lease as Financial Product under International Financial Services Centres Authority Act, 2019

On December 14, 2021, the Central Government has notified that operating lease including any hybrid of operating and financial lease of such

Foreign Legislation Legislation Updates

New York | New law combating racehorse and breeding stock slaughter comes into force

The Government of New York has signed a bill into law which deals with combating racehorse and breeding stock slaughter on December

Legislation Updates Notifications

Communications exclusively by electronic mode vide e-Verification Scheme, 2021, notified by CBDT

The Central Board of Direct Taxes has notified the e-Verification Scheme, 2021 vide notification dated December 13, 2021, for collection of information

Legislation Updates Rules & Regulations

Delhi Goods and Services Tax (Fourth Amendment) Rules, 2021

The Government of Delhi has notified the Delhi Goods and Services Tax (Fourth Amendment) Rules, 2021 vide notification dated December 9, 2021.

Legislation Updates Notifications

SEBI issues Circular on usage of pool accounts for Mutual Funds

The Securities and Exchange Board of India has issued a Circular on Mutual Funds on December 10, 2021. The representations were received

Legislation Updates Notifications

RBI introduces Legal Entity Identifier for Cross-border Transactions

The Reserve Bank of India has introduced legal entity identifier for cross-border transactions vide notification dated December 10, 2021. Key highlights:

Legislation Updates Notifications

Government notifies constitution of Unlawful Activities (Prevention) Tribunal

On December 13, 2021, the Central Government constitutes an Unlawful Activities (Prevention) Tribunal consisting of Justice D.N. Patel, Chief Justice, High Court

Foreign Legislation Legislation Updates

UK | Green Gas Support Scheme Regulations, 2021 notified

The UK Government has passed the Green Gas Support Scheme Regulations, 2021, which is a government environmental scheme that facilitates the production