Ministry of Corporate Affairs amends Indian Accounting Standard (Ind AS) 116; adds “Appendix D” to it
The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Second Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies […]
Centre notifies Uniform Code for Marketing Practices in Medical Devices 2024; mandates annual self-declarations on Code adherence and disclosure of expenses on medical education/conferences and free samples through UCPMP portal
The Department of Pharmaceuticals has notified the Uniform Code for Marketing Practices in Medical Devices (UCMPMD) 2024 (“Code”), mandating strict compliance obligations […]
MCA amends IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016; Companies to take special contingency insurance policy towards risk arising out of claim
The Ministry of Corporate Affairs (“MCA”) has issued Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, […]
MCA amends Companies (Indian Accounting Standards) Rules; introduces a new Indian Accounting Standard (Ind AS) 117
The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies (Indian […]
Ministry of Finance notifies Accessibility Standards and Guidelines for infrastructure and services in Insurance Sector, aligning with Rights of Persons with Disabilities Act, 2016
The Ministry of Finance (Department of Financial Services) has notified the “Accessibility Standards and Guidelines for infrastructure and services in Insurance Sector”, […]
NPCI enhances per transaction to Rs. 5 lakhs for entities under categories aligned to tax payment; to be implemented by UPI members by 15.09.2024
The National Payments Corporation of India (“NPCI”) has informed that the per transaction value limit in UPI has been enhanced to Rs. […]
CPCB issues Revised Guidelines for Assessment of Environment Compensation to levy for violation of various provisions of Plastic Waste Management Rules, 2016
The Central Pollution Control Board (“CPCB”) has issued Revised Guidelines for Assessment of Environment Compensation (“EC”) to be levied for violation of […]
NSDL directs DPs who are yet to submit confirmation of compliance with the Framework for Adoption of Cloud Services by SEBI regulated entities to submit it by 30.08.2024
The National Securities Depository Limited (“NSDL”) has issued a circular for Depository Participants (“DPs”) reiterating to submit the confirmation of compliance with […]
RBI warns of scams using its name, including fake offers, threats, and fake websites. It advises verifying claims and safeguarding personal info
The Reserve Bank of India (RBI) has issued a warning to the public about fraudulent schemes that use the RBI’s name to […]
MNRE revises the Approved List-I (Manufacturers and Models of Solar PV Modules) of ALMM Order, 2019
In continuation to the Update reported earlier (please refer to the e-mail in trail), Ministry of New & Renewable Energy (“Ministry”) has […]
Enhanced fines and reduced imprisonment for violations under Pharmacy Act 1948 effective 31st December, 2024: Health Ministry confirms implementation date for amendments under Jan Vishwas Act
The Ministry of Health and Family Welfare has appointed 31st December, 2024 as the date on which the amendments pertaining to the […]
Ministry of Consumer Affairs invites comments on unit measurement for food wrapping paper and Aluminum foils till 23.09.2024
The Ministry of Consumer Affairs, Food and Public Distribution (“Ministry”) has invited public comments regarding the unit of measurement for the sale […]