Public comments invited on Consultation Paper for ‘Encouraging R&D in Telecom, Broadcasting and IT (ICT) Sectors by 23rd October and counter-comments by 6th November, 2023
The Telecom Regulatory Authority of India (“TRAI”) has released a Consultation paper on encouraging R&D in Telecom, Broadcasting and IT (Information and […]
Central Board of Direct Taxes (CBDT) has issued notification regarding determination of Fair Market Value(FMV) of unquoted equity shares
Central Board of Direct Taxes (CBDT) has issued Notification No. 81/2023 to amend the provision regarding determination of Fair Market Value (FMV) […]
Mediation Act, 2023 receives presidential assent: Commencement date to be notified later
The Mediation Act, 2023 (“Act”) has received the assent of the President on the 14th September, 2023. However, the commencement notification will […]
MEITY invites public comments on the Draft ‘National Strategy on Robotics’ by 31st October 2023
The Ministry of Electronics & Information Technology (MeitY) has invited public comments on the Draft National Strategy on Robotics by 31-10-2023. The […]
SEBI introduces new format of Abridged Prospectus for public issues of Non-Convertible Debt Securities and Non-convertible Redeemable Preference Shares
The Securities and Exchange Board of India (“SEBI”) has revised and updated the format for disclosures in the abridged Prospectus and provided […]
Central Board of Direct Taxes (CBDT) notifies Form No. 71 to make an application for crediting Tax Deducted at Source(TDS)
Central Board of Direct Taxes (CBDT) has issued Notification No. 73/2023 to insert new rule for allowing assessees to make an application […]
The MOEFCC further amends Appendix-IX to the Environmental Impact Assessment (“EIA”) Notification, 2006
The Ministry of Environment, Forest and Climate Change (“MOEFCC”) has recently issued a notification to amend the Environmental Impact Assessment (“EIA”) Notification, […]
PMLA Rules amended to modify the definition of Principal Officer, Beneficial Owner , Records of the Identity of Clients, etc.
With reference to the trail e-mail, the Ministry of Finance (“Ministry”) has issued the Prevention of Money-laundering (Maintenance of Records) Second Amendment […]
Leveraging Legal-Tech for Seamless Pharma Regulatory Alignment
Did you know that the Indian Pharma Industry is estimated to have CAGR of 13% in the global pharma market? It is […]
Main components to build a compliance framework – FMCG industry
FMCG as an industry is known for its risk. Due to the nature of their business, which involves producing and distributing goods […]
All vehicles used for transporting compressed gases in bulk required to install Rear and Lateral under Run Protective Devices: PESO
Petroleum and Explosives Safety Organization (“PESO”) has directed all licensees / fabricators / Competent Persons / Stakeholders to install Rear and Lateral […]
RBI rolls out instructions on Penal Charges in Loan Accounts; effective 01.01.2024
The Reserve Bank of India (“RBI”) has issued a notification on “Fair Lending Practice – Penal Charges in Loan Accounts” with the […]