SEBI issues circular for the enhancement of overseas investment limits on mutual funds
On June 03, 2021, the Securities and Exchange Board of India (SEBI) has issued a circular for the enhancement of the overseas
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CBIC extends timeline for furnishing FORM GST ITC-04
On June 01, 2021, the Central Board of Indirect Taxes and Customs (CBIC) has amended the notification no. 11/2021- Central Tax dated
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Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021
On June 01, 20201, the Insolvency and Bankruptcy Board of India (IBBI) issued the Insolvency Professionals to act as Interim Resolution Professionals,
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Germany | IT Security Act 2.0 passed by Government
The Federal President of Germany passed the Information Technology Security Act 2.0 on May 27, 2021. The IT Security Act 2.0 has
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Labour Law | USA Minimum Wages
The brief discusses minimum wages of Federal and State Level of USA. USA Minimum Wage 2021 States 2021 Federal $7.25 Alaska
Continue readingSEBI issues circular easing compliance with requirements pertaining to AIFs and VCFs
SEBI has issued circular dated 31.05.2021 after considering the representation from Alternative Investment Funds (AIF) Industry, requesting extension of timelines for various
Continue readingSEBI issues circular regulating ‘Off-market’ transfer of securities by FPI
Securities and Exchange Board of India issued guidelines vide circular dated 01.06.2021, for relocation of foreign funds to the International Financial Services
Continue readingRBI releases Investment limit by FPI in Government Securities
The Reserve Bank of India has issued a circular dated 31.05.2021 notifying the Investment Limits by Foreign Portfolio Investors (FPI) for FY
Continue readingSection 112 of Finance Act, 2021, which amends the provision relating to interest for delayed GST payments comes into force
The Central Government in exercise of the powers conferred by section 1 (1) of the Finance Act, 2021 (13 of 2021) appoints
Continue readingRBI issues Customer Due Diligence for transactions in Virtual Currencies (VC)
The Reserve Bank of India has issued Circular dated 31.05.2021 providing a clarification regarding transactions in Virtual Currencies (VC). Following clarifications are
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EU Medical Devices Regulation (MDR) comes into force
On May 26, 2021 the EU Medical Devices Regulation (MDR) entered into effect after a four-year transitional period. The Regulation introduces various
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Georgia | New Campaign Finance Law signed by Governor
Georgia has signed a new law, SB 221, that radically changes how a few select officeholders or party nominees raise money for
Continue readingForeign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 comes into force
Reserve Bank of India has notified Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 vide notification dated May 24, 2021. The
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USA | Alabama legalizes Medical Marijuana
On May 17, 2021, Governor Kay Ivey signed SB 46 into law (known as the “Darren Wesley ‘Ato’ Hall Compassion Act”) makes
Continue readingDepartment of Revenue Appraiser Recruitment Rules, 2021
On May 27, 2021, the President makes Department of Revenue Appraiser Recruitment Rules, 2021 for regulating the method of recruitment to the
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Australia | Public Health Amendment (Safe Access Zones) Bill 2021- Safe and private access to abortion services, reintroduced to Parliament
The Government has reintroduced Public Health Amendment (Safe Access Zones) Bill 2021 to Parliament on May 26, 2021. The legislation seeks to
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U.S. Patent and Trademark Office proposes Rule-making to implement Provisions of the Trademark Modernization Act of 2020
On 18 May 2021, the U.S. Patent and Trademark Office (USPTO) published a notice of proposed rule-making concerning the Trademark Modernization Act
Continue readingOverseas investment by Alternative Investment Funds (AIFs)/ Venture Capital Funds (VCF) enhanced
SEBI has issued a circular dated May 21, 2021 in consultation with the Reserve Bank of India to protect the interests of
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Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021
The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 was notified by the Ministry of Electronics and Information Technology
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Pension Fund Regulatory and Development Authority (Pension Fund) (Fifth Amendment) Regulations, 2021
The Pension Fund Regulatory and Development Authority makes the Pension Fund Regulatory and Development Authority (Pension Fund) (Fifth Amendment) Regulations, 2021 to
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