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 […]
CPCB issues Guidelines for Environment Compensation to be levied for violation of various provisions of E-Waste Management Rules, 2022
The Central Pollution Control Board (“CPCB”) has issued Guidelines for Environment Compensation (“EC”) to be levied for violation of E-Waste Management Rules, […]
Governor of West Bengal urges all employers to settle bonus payments ahead of Durga Puja celebrations by 30th September 2024
The Governor of West Bengal has issued an appeal to all employers in the State governed by the Payment of Bonus Act, […]
Ministry of Corporate Affairs amends Indian Accounting Standard (Ind AS) 116; adds “Appendix D” to it
The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Second Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies […]
MCA amends IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016; Companies to take special contingency insurance policy towards risk arising out of claim
The Ministry of Corporate Affairs (“MCA”) has issued Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, […]
MCA amends Companies (Indian Accounting Standards) Rules; introduces a new Indian Accounting Standard (Ind AS) 117
The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies (Indian […]
CPCB issues Revised Guidelines for Assessment of Environment Compensation to levy for violation of various provisions of Plastic Waste Management Rules, 2016
The Central Pollution Control Board (“CPCB”) has issued Revised Guidelines for Assessment of Environment Compensation (“EC”) to be levied for violation of […]
Enhanced fines and reduced imprisonment for violations under Pharmacy Act 1948 effective 31st December, 2024: Health Ministry confirms implementation date for amendments under Jan Vishwas Act
The Ministry of Health and Family Welfare has appointed 31st December, 2024 as the date on which the amendments pertaining to the […]
Ministry of Consumer Affairs invites comments on unit measurement for food wrapping paper and Aluminum foils till 23.09.2024
The Ministry of Consumer Affairs, Food and Public Distribution (“Ministry”) has invited public comments regarding the unit of measurement for the sale […]
Public comments invited on draft FSS (Food Products Standards and Food Additives) Amendment Regulations, 2024; proposes use of Natamycin as additive in fermented milk and dairy based desserts
The Food Safety and Standards Authority of India (“FSSAI”) has issued the draft Food Safety and Standards (Food Products Standards and Food […]