CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961
On August 03, 2021, the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing
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New Zealand | New legislation banning conversion therapy for LGBTQ, introduced in parliament
New Zealand has introduced the Conversion Practices Prohibition Legislation Bill in the Parliament on July 30, 2021. The Bill aims at preventing
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Pittsburgh, Pennsylvania enacts another temporary COVID-19 paid sick leave Ordinance
On July 29, 2021, Mayor signed a new Temporary COVID-19 Paid Sick Leave Ordinance which requires employers with 50 or more employees
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Marine Aids to Navigation Act, 2021 comes into force, rescinding 90-year-old Lighthouse Act, 1927
The Central Government has passed the Marine Aids to Navigation Act, 2021 on July 31, 2021. The Act repeals the Lighthouse Act,
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Parliament passes ‘Inland Vessels Bill, 2021’ to repeal and replace the existing Inland Vessels Act, 1917
On August 2, 2021, the Parliament passed the Inland Vessels Bill, 2021, which aims to replace over 100 years old Inland Vessels
Continue readingMinimum unit holders requirement for unlisted InvITs, introduced via SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2021
The Securities Exchange Board of India makes Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2021 to further amend
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Draft Code on Wages (Jharkhand) Rules, 2021
On July 14, 2021, the Jharkhand Government has issued the Draft Code on Wages (Jharkhand) Rules, 2021. The Rules provide 9 Chapters
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Two Food Technology Institutes declared as Institutes of National Importance vide National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
The National Institutes of Food Technology, Entrepreneurship and Management Act, 2021 receives President’s assent on July 30, 2021. Key features of
Continue readingSEBI issues circular on Intra-day Net Asset Value (NAV) for transactions in units of Exchange Traded Funds directly with Asset Management Companies
SEBI in view of the feedback of the industry and recommendations of the Mutual Fund Advisory Committee, clarified that intra-day NAV, based
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UK | Government launches National Disability Strategy for better prospects of disabled people
UK Government has released a press release announcing launch of National Disability Strategy on July 30, 2021. Key features of the
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Registration of the authorised carrier shall be invalid, if the authorised carrier is found to be inactive for a period of 1 year; Form IA introduced for renewal; notified vide the Sea Cargo Manifest and Transhipment (Fifth Amendment) Regulations, 2021
The Central Board of Indirect Taxes (CBIC) with effect from July 23, 2021 has notified the Sea Cargo Manifest and Transhipment (Fifth
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USA| Final Rule announced under Fair Labor Standards Act; March 2020 Joint Employer Rule Rescinded
The U.S. Department of Labor has announced a Final rule on July 29, 2021, which shall rescind an earlier rule, Joint Employer
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Rules for E-furnishing of Forms, Returns etc. introduced vide Income Tax (21st Amendment) Rules, 2021
The Central Board of Direct Taxes has notified Income Tax (21st Amendment) Rules, 2021 on July 29, 2021. New Rules 131 and
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New York| NYC Commission on Human Rights Legal Enforcement Guidance on the Fair Chance Act and Employment Discrimination on the Basis of Criminal History
The New York City Commission on Human Rights (the Commission) has released updated guidance with respect to the Fair Chance Act. New
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Cabinet approves PLI Scheme for Specialty Steel, incentives worth INR 6,322 crores
The Union Cabinet has approved the PLI Scheme for Specialty Steel on July 22, 2021. The key takeaways are as follows:
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Government announces 27% reservation for OBCs, 10% for EWS in All India Quota for UG, PG medical, dental courses
On July 29, 2021, the Government has announced 27% reservation for the OBCs (Other Backward Classes) and 10% quota for the Economically
Continue readingProvisions of Employees’ State Insurance Act, 1948 to come into force in all the areas of Madurai district w.e.f August 01, 2021
The Central Government appoints August 01, 2021, as the date on which the provisions of Employees’ State Insurance Act, 1948: (i) sections
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IFSCA invites public comments on proposed IFSCA (Capital Market Intermediaries) Regulations, 2021
On July 28, 2021, IFSCA has sought public comments on the proposed International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021.
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Cabinet approves amendments to Deposit Insurance & Credit Guarantee Corporation Act
On July 28, 2021, Cabinet approves amendments to Deposit Insurance & Credit Guarantee Corporation Act vide Deposit Insurance & Credit Guarantee Corporation
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Cabinet approves amendments to Limited Liability Partnership Act, 2008
On July 28, 2021, the Union Cabinet has approved the amendments to Limited Liability Partnership Act, 2008 vide Limited Liability Partnership Amendment
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