MCA mandates filing of CSR Report in Form CSR-2 for FY 2023-2024 by 31st December, 2024
Ministry of Corporate Affairs (“MCA”) has issued a notification amending the Companies (Accounts) Rules, 2014. This amendment specifically addresses the filing requirements […]
CPCB issues Guidelines for Environment Compensation to be levied for violation of various provisions of Battery Waste Management Rules, 2022; prescribes environmental compensation in different regimes
The Central Pollution Control Board (“CPCB”) has issued Guidelines for Environment Compensation (“EC”) to be levied for violation of Battery Waste Management […]
NPPA revises ceiling price of Chloroquine (150mg) tablet price to Rs. 1.33 per tablet; manufacturers directed to align pricing with ceiling price
The National Pharmaceutical Pricing Authority (“NPPA”), after reviewing the Wholesale Price Index (WPI) at 0.00551% for the year 2024, has revised the […]
NPCI introduces feature of Auto Top Up in UPI Lite to enhance customer experience; to be enabled by UPI Apps by 31.10.2024
The National Payments Corporation of India (“NPCI”) has introduced the feature of Auto Top Up in UPI Lite. With this feature, the […]
Ministry of Finance notifies Accessibility Standards and Guidelines for infrastructure and services in Financial Institutions, 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 Financial Institutions”, […]
Key highlights on the outcome of the 54th GST Council Meeting
GST Council held its 54th meeting at New Delhi. In the meeting, GST Council has recommended changes related to GST tax rates, […]
RBI amends Master Direction – Non-Banking Financial Company – Account Aggregator; effective immediately
The Reserve Bank of India (“RBI”) has amended the Master Direction – Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016 […]
Ministry of Steel notifies the Steel and Steel Products (Quality Control) Order, 2024 in supersession of existing quality control regime; prescribes enforcement date of applicable standards for steel and steel products
In continuation to what we reported earlier (please refer to e-mail in trail), the Ministry of Steel (“Ministry”) has notified the Steel […]
EPFO issues clarification on earlier amendments to EPF Scheme, 1952; new damages recovery rate not to apply to default made up to 13th June, 2024
In continuation to what we reported earlier (please refer to e-mail in trail), the Employees Provident Fund Organization (“EPFO”) has issued a […]
Environment Ministry amends Battery Waste Management Rules; revises the Table specifying obligation of producers regarding minimum use of domestically recycled materials in new Battery
In continuation to what we reported earlier (please refer to e-mails in trail), the Ministry of Environment, Forest and Climate Change has […]
NPCI mandates for Standardization of UPI Transaction ID Technical Specifications
The National Payments Corporation of India (“NPCI”) has issued a Circular mandating technical specifications for transaction IDs of UPIs. To standardize this, […]
RBI invites comments on regulations of Payment Aggregators by 31st May, 2024
Reserve Bank of India (“RBI”) has invited comments on the following drafts on regulation of Payment Aggregators (“PAs”): New draft directions on […]