Foreign LegislationLegislation Updates

On May 24, 2021, the Governor of Florida has approved Bill No. SB 7072- Social Media Platforms that gives the state, the

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The Central Board of Direct Taxes vide Notification No. 68/2021 dated 24.05.2021 has notified Income tax (16th Amendment) Rules, 2021 to further

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President Biden has issued the Executive Order on Improving the Nation’s Cybersecurity on May 12, 2021. The Cybersecurity policy is aimed at

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The Directorate General of Trade Remedies (DGTR) has recommended levy of anti-dumping duty on import of Phthalic Anhydride (PAN) from China, Korea,

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The Ministry of Home Affairs has issued public notice dated 18.05.2021, extending the validity of the registration certificates issued to NGOs under

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Legislation UpdatesRules & Regulations

On May 19, 2021, the Government has notified the Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021. The Amendment makes the following

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On May 14, 2021, Government of National Capital Territory of Delhi directed the principal employers employing or (have employed during the last

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Legislation UpdatesRules & Regulations

The Central Board of Indirect Taxes and Customs has notified CGST (Fourth Amendment) Rules, 2021 vide notification dated May 18, 2021. The

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Legislation UpdatesRules & Regulations

The Ministry of Consumer Affairs, Food and Public Distribution has notified Consumer Protection (E-Commerce) (Amendment) Rules, 2021 on May 17, 2021 to

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Foreign LegislationLegislation Updates

The UK Government has introduced Animal Welfare (Sentience) Bill to formally recognise animals as sentient beings in domestic law. The Bill has

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Legislation UpdatesRules & Regulations

The Ministry of Civil Aviation has notified Aircraft(second) Amendment Rules, 2021 on May 13, 2021 to amend the Aircraft Rules, 1937. Key

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Legislation UpdatesStatutes/Bills/Ordinances

On May 16, 2021, the President promulgated the Ordinance in order to amend Homoeopathy Central Council Act, 1973.   The Amendment modifies

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Legislation UpdatesRules & Regulations

UK has implemented its new Global Anti-Corruption Sanctions Regulations,2021 on April 27, 2021. The regulations seek to enhance its existing Global Human

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SEBI has extended the due date for regulatory filings and compliances for InvITs and REITs for the period ending March 31, 2021

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The Central Government has issued a Notification publishing the draft Rules – Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council

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The Securities and Exchange Board has notified SEBI (Alternative Investment Funds) (Second Amendment) Regulations 2021 to further amend the Securities and Exchange

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The IRDAI has issued norms for settling COVID-19 health insurance claims vide Circular dated April 29, 2021. The norms have been issued

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The International Financial Services Centres Authority has issued guidelines for issuance of Certificate of Deposits vide circular dated May 10, 2021.  

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Legislation UpdatesNotifications

On May 10, 2021, SEBI issued a Circular containing the format of the Business Responsibility and Sustainability Report (“BRSR”). The BRSR is

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Legislation UpdatesRules & Regulations

On May 5, 2021, Insurance Regulatory and Development Authority of India in order to provide the manner in which the premium and

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