RBI issues the 2024 Directions for the Bharat Bill Payment System, aimed at enhancing efficiency and customer protection
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 (“2024 Directions”), superseding […]
MCA invites comments on the Report of Committee on Digital Competition Law and the draft Digital Competition Bill till 15th April, 2024
The Ministry of Corporate Affairs (“MCA”) has recently invited comments on the (a) Report of Committee on Digital Competition Law and (b) […]
Finance Ministry has revised the SEZ Act to include the requirement for applicants intending to establish a SEZ unit under the IFSCA
The Ministry of Finance has released a notification amending the Special Economic Zones Act, 2005 and the Special Economic Zone Rules, 2006. […]
Unveiling the Two Sides of the Coin: Consumer Rights & Obligations of Food Business Operators (FBOs)
“Jago Grahak Jago” is a very famous slogan heard in India for the Rights of the Consumers and the Consumer rights have […]
What is expected of Employers to drive gender equality and ensure women’s participation in the workforce?
Following an inter-ministerial event titled “Women in the Workforce for Viksit Bharat” held in January, 2024, the Ministry of Labour and Employment […]
Bharatiya Nyaya Sanhita, 2023 to be effective from 01.07.2024
In pursuance to the update in trail, Bharatiya Nyaya Sanhita, 2023 (“BNS”) will come into effect on 1st July, 2024 in its […]
Central Board of Direct Taxes (CBDT) issues order on withdrawal of outstanding Income Tax demands
Central Board Direct Taxes (CBDT) has issued an order No. F. No. 375/02/2023 to waive the tax demands under specified Acts which […]
CAQM directs agencies not to issue Completion or Occupancy Certificate to any construction project against which ‘Closure’ direction is pending
With a view to mitigate the hazards of dust pollution on human health and to ensure compliance with the statutory directions/rules/regulations issued […]
Goods and Services Tax Network (GSTN) has issued an advisory on introduction of Electronic Credit Reversal and Re-claimed statement on GST portal
Goods and Services Tax Network (GSTN) has issued an advisory on introduction of Electronic Credit Reversal and Re-claimed statement on GST portal. […]
RBI issues new Master Direction to bring clarity to existing instructions for NBFCs w.r.t submission of returns
The Reserve Bank of India (“RBI”) has issued the Master Direction – Reserve Bank of India (Filing of Supervisory Returns) Directions – […]
Dial Schedule M: India’s drug manufacturing practices to undergo major overhaul
If you are a pharmaceutical company in India with a turnover of more than Rs. 250 crores, you only have till July […]
ICSI revises Secretarial Standards for Board and General Meetings in conformity with Companies Act, 2013, Effective April 1, 2024
With a view to align the secretarial standards with the provisions of the Companies Act, 2013 (Act or 2013 Act), which have […]