Cross-Border Data Transfers: Legal Frameworks & Implications
Introduction In today’s interconnected world, data has become the lifeblood of the digital economy, enabling businesses to thrive and societies to function […]
CDSCO issues FAQ for implementation Barcode requirement on the label of 300 brands of drugs
Central Drugs Standard Control Organization has issued a FAQ for implementation of the requirement of Barcode or Quick Response (QR) Code on […]
MOEFCC further amends E-Waste (Management) Rules, 2022; effective immediately
The Ministry of Environment, Forest and Climate Change has notified the E-Waste (Management) Second Amendment Rules, 2023 (“Amendment”) to further amend the […]
NSE and BSE issue FAQs for their respective trading members
The National Stock Exchange and Bombay Stock Exchange have currently issued two respective Frequently Asked Questions (“FAQs”) for all their respective trading […]
CBIC issued clarification regarding charging of interest in cases of wrong availment of IGST credit
Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.192/04/2023 to provide clarification regarding charging of interest in cases of […]
SEBI issues circular regarding new category of Mutual Fund schemes for Environmental, Social and Governance (“ESG”) Investing and related disclosures by Mutual Funds
The Securities and Exchange Board of India (“SEBI”) has issued a circular regarding new category of Mutual Fund schemes for Environmental, Social […]
Requirement to submit physical copies of SOFTEX Forms and invoices by SEZ Units dispensed with: aimed at enhancing ease of doing business
With a view to enhance ease of doing business and reduce existing compliance burden, the Ministry of Commerce & Industry, SEZ Division […]
Ministry of Consumer Affairs issues Direction for implementation of exemptions under the Legal Metrology (Packaged Commodities) Rules, 2011 on Medical Device
The Ministry of Consumer Affairs (“Ministry”) has issued an order reiterating the following provisions of the Legal Metrology (Packaged Commodities) Rules, 2011 […]
NSDL has made amendments to Byelaws and Business Rules regarding penalties on Issuers and RTAs
National Securities Depository Limited (“NSDL”) has made amendments to Byelaws and Business Rules regarding penalties on Issuers and Registrar and Transfer Agents […]
Public comments invited on Consultation paper for ‘Regulatory Mechanism for Over-The-Top (OTT) Communication Services, and Selective Banning of OTT Services’ till 4th August, 2023
The Telecom Regulatory Authority of India (“TRAI”) has invited written comments on the Consultation Paper on “Regulatory Mechanism for Over-The-Top (OTT) Communication […]
Central Board of Indirect Taxes and Customs (CBIC) extends the effective date till 30th September, 2023 for making non-interest bearing deposit with the Government
Central Board of Indirect Taxes and Customs (CBIC) via Notification no. 49/2023 has extended the effective date for consideration of making following […]
MCA provides option for merging of multiple existing user IDs in V3 portal or deactivation of old user IDs in V2
Owing to transition of MCA-21 portal from Version 2 to Version 3, the Ministry of Corporate Affairs (“MCA”) has issued notification for […]