MCA clarifies that all new directors are required to register as business users and associate DSC in MCA V3 portal before filing forms in V3
Recently, Ministry of Corporate Affairs (“MCA”) has clarified that all new Directors are required to register as Business Users and Associate DSC […]
MCA further extends the time for filing 45 company e-Forms, PAS-03 and SPICE+PartA in MCA 21 Version 3.0 till 31.03.2023
In continuation to what we reported earlier in the e-mail in trail, the Ministry of Corporate Affairs (“MCA”) has further extended the […]
Landmark Decision of Supreme Court on the Question of Employees’ Right to Exercise Option for Contributions on Salary Exceeding the Ceiling Amount under Employees’ Pension Scheme 1995
In a landmark Judgment on the option to be exercised by the employees for contributions on salary exceeding the ceiling amount under […]
EPFO issues guidelines for submitting Employee-Employer Joint Option for higher pension under the Employees’ Pension Scheme
To implement the directions passed by the Supreme Court in the Employees Provident Fund Organisation & Anr. Vs Sunil Kumar B. & […]
Factories (Karnataka Amendment) Bill, 2023 passed by the Karnataka Legislative Assembly; proposes to increase the working hours to twelve in a day subject to a maximum of forty eight hours in a week
The Karnataka Legislative Assembly has passed the Factories (Karnataka Amendment) Act, 2023 (“Bill”) with a view to amend the Factories Act, 1948 […]
RBI permits UPI access to foreign nationals and NRIs visiting India from G-20 countries at select international airports
The Reserve Bank of India (“RBI”) has issued a Press Release on “Issuance of PPIs to Foreign Nationals / Non-Resident Indians (NRIs) […]
RBI issues FAQ document on Digital Lending Guidelines
The Reserve Bank of India has rolled out Frequently Asked Question (“FAQ”) document on Guidelines on Digital Lending (please refer to the […]
Ministry of Steel issues Press Release on ‘Promotion of Green Steel’; notifies steps taken to promote decarbonization in steel industry
The Ministry of Steel (“Ministry”) has issued a Press Release on the “Promotion of Green Steel” informing about the following steps taken […]
RBI issues Statement on Developmental and Regulatory Policies relating to financial markets, payment and settlement systems, currency management etc
The Reserve Bank of India (“RBI”) has issued Statement on Developmental and Regulatory Policies relating to the following: Financial Markets; Regulation; Payment […]
Power Ministry notifies the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Amendment Rules, 2023 with immediate effect
The Ministry of Power through a notification has amended the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022. The […]
Date of implementing Legal Metrology (Packaged Commodities) Amendment Rules, 2022 extended to 1st April, 2023
Further to what we reported earlier (please refer to the e-mails in trail), the Department of Consumer Affairs has further extended the […]
SEBI stipulates AIF’s minimum Transaction limit in Corporate Bonds through RFQ Platform
The Securities and Stock Exchange of India has stipulated that, effective 1st April, 2023, the Alternative Investment Funds (“AIFs”) must undertake at […]