Legislation Updates Archives

Pension Fund Regulatory and Development Authority (Pension Fund) (Sixth Amendment) Regulations, 2021

The Pension Fund Regulatory and Development Authority makes the Pension Fund Regulatory and Development Authority (Pension Fund) (Sixth Amendment) Regulations, 2021 to

Legislation Updates Rules & Regulations

Registered Professional to appoint two registered valuers to determine fair value and liquidation value of the corporate debtor

On July 14, 2021, the Insolvency and Bankruptcy Board of India makes the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process

Foreign Legislation Legislation Updates

UK | Ban on knives, firearms and offensive weapons comes into force

The UK Government has announced ban on knives, firearms and offensive weapons vide press release dated July 14, 2021. The provisions are

Legislation Updates Notifications

Stamp duty chargeable on the instrument of transfer of immovable property of micro or small enterprise of manufacturing sector

On July 13, 2021, the Finance Department, Rajasthan has issued an order regarding the stamp duty chargeable on the instrument of transfer

Legislation Updates Rules & Regulations

Period for registration of name of child at birth amended under Delhi Registration of Births and Deaths (Amendment) Rules, 2021

The Delhi Government has notified Delhi Registration of Births and Deaths (Amendment) Rules, 2021 on July 09, 2021. The Delhi Registration of

Legislation Updates Rules & Regulations

Manner of furnishing of return or details of outward supplies by short messaging service facility notified under Delhi Goods and Services Tax (Eighth Amendment) Rules, 2020

The Delhi Government has notified Delhi Goods and Services (Eighth Amendment) Rules, 2020 on July 07, 2021, effective from July 01, 2021.

Legislation Updates Notifications

SEBI issues review of advance intimation timelines for modifications in the contract specifications of commodity derivatives contracts

On July 08, 2021, the Securities and Exchange Board of India (SEBI) has issued review of advance intimation timelines for modifications in

Legislation Updates Notifications

Extension of time limit for filing claims under Transport and Marketing Assistance (TMA) Scheme for specified agricultural products

On July 13, 2021, the Director General of Foreign Trade makes the following amendment in Chapter 7(A) of the Handbook of Procedures

Foreign Legislation Legislation Updates

USA| Colorado Privacy Act passed in Colorado

The Government of Colorado has passed the Colorado Privacy Act (“CPA”) on July 7th, 2021. The State of Colorado has joined California

Legislation Updates Rules & Regulations

Mandatory compliances introduced for registration of an Indian Insurance Company having foreign investment

The Insurance Regulatory and Development Authority of India (IRDAI) has passed Insurance Regulatory and Development Authority of India (Indian Insurance Companies) (Amendment)

Legislation Updates Rules & Regulations

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

The Lt. Governor of the National Capital Territory of Delhi, on the recommendations of the Council, makes Delhi Goods and Services Tax

Foreign Legislation Legislation Updates

New York | Bill for public officials to disclose their crypto holdings annually, introduced

New York Government has proposed a law in New York on July 02, 2021, which would, if approved, require public officials in

Legislation Updates Rules & Regulations

New rules regarding procedure for making regulations under the International Financial Services Centres Authority, introduced

The International Financial Services Centres Authority has notified the International Financial Services Centres Authority (Procedure for making Regulations) Regulations, 2021 vide notification

Legislation Updates Rules & Regulations

New Rule for computation of short term capital gains and written down value, introduced

On July 07, 2021, the Central Board of Direct Taxes makes the Income tax Amendment (19th Amendment), Rules, 2021 further to amend

Legislation Updates Rules & Regulations

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

The Lt. Governor of the National Capital Territory of Delhi, on the recommendations of the Council makes Delhi Goods and Services Tax

Legislation Updates Notifications

SEBI issues Master Circular for Stock Exchange and Clearing Corporations

The Securities and Exchange Board of India has issued Master Circular No. SEBI/HO/MRD2/MRD2_DCAP/P/CIR/2021/0000000591 dated July 05, 2021, for Stock Exchanges and Clearing

Legislation Updates Notifications

Rajasthan Government issues order for payment of contractual amount to Government personnel during lockdown

On July 05, 2021, the Finance Department of Rajasthan has issued an order for Payment of contractual amount to contractual, casual and

Legislation Updates Notifications

SEBI issues circular clarifying procedure in case of delisting of a subsidiary company through a Scheme of Arrangement wherein listed parent company and listed subsidiary are in the same line of business

SEBI has issued a circular dated July 06, 2021, providing a standard operative procedure and clarifying the purpose of defining “same line

Foreign Legislation Legislation Updates

Singapore| SAPI Code revised, effective August 01, 2021

The Singapore Association of Pharmaceutical Industries Code of Conduct (“SAPI Code”) has been revised to provide distinct standards on the provision of

Legislation Updates Notifications

CBIC waives off the amount of penalty payable by any registered person under Section 125 of CGST Act, 2017

On July 01, 2021, the Central Board of Indirect Taxes and Customs (CBIC) issues a notification for waiving the penalty payable by