RBI directs NBFCs and other banking institutions to review practices regarding mode of disbursal of loans, application of interests etc. in the light of Fair Practices Code
The Reserve Bank of India (“RBI”) has issued a notification directing NBFCs and other banking institutions (“REs”) to review their practices regarding mode […]
PFRDA issues circular to PoP and CRAs to host information of applicable charges etc. for APY subscribers on their websites; also allows PoP to choose CRAs
In a recent circular issued by Pension Fund Regulatory and Development Authority (“PFRDA”) to Central Recordkeeping Agencies (“CRAs”) and Point of Presence […]
MCA further extends timeline to file LLP BEN-2 and Form No. 4D without paying additional fees till 01.07.2024 in view of transition of MCA-21 from version V-2 to V-3
The Ministry of Corporate Affairs (“MCA”) has issued a Circular pertaining to the following forms: Form LLP BEN-2 (Upon receipt of Declaration […]
BSE responds to frequently asked questions/ general observations and guidelines on filing of Business Responsibility and Sustainability Report( BRSR / BRSR Core)
The Bombay Stock Exchange (“BSE”) has rolled out a Circular with view to respond to certain FAQs / Guidelines along with General […]
Andhra Pradesh notifies new Regulation to simplify the process of granting open access to renewable energy generator and consumers
The Government of Andhra Pradesh has notified the Andhra Pradesh Electricity Regulatory Commission (Green Energy Open Access, Charges, and Banking) Regulation, 2024 […]
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, […]
Ministry of Skill Development and Entrepreneurship amends Apprenticeship Rules, 1992 to expand the list of designated trades and training durations for trade apprentices across various groups
The Ministry of Skill Development and Entrepreneurship (“Ministry”) has notified the Apprenticeship (Amendment) Rules, 2024 (“Amendment Rules”) to amend the existing Apprenticeship […]
Public comments invited till 25th April, 2024 on draft of revised guidance for industry to align with the New Drugs and Clinical Trials (NDCT) Rules, 2019 and Sugam application process (Version 1.2)
With a view to align the submission procedure of clinical trial application (as prescribed under the New Drugs and Clinical Trial Rules, […]
FSSAI issues advisory to FBOs for enclosing documents as proof of premises when operating from shared workspaces
The Food Safety and Standards Authority of India (“FSSAI”) has in an advisory clarified the documents to be provided for proof of […]
Central Board of Direct Taxes (CBDT) issues clarification on time limit for verification of Income Tax return post uploading
Central Board of Direct Taxes (CBDT) has issued Notification No. 2/2024 to provide clarification on time limit for verification of Income Tax […]
Period of applicability of Terms and Conditions for Tariff determination from Renewable Energy Sources Regulations, 2020 extended till 30th June, 2024
In continuation of the Update reported earlier (please refer to e-mail in trail), the Central Electricity Regulatory Commission (“CERC”) has recently issued […]
Jharkhand Labour Department expands reporting obligations for wage deductions solely from factories to encompass all establishments
The Jharkhand Labour Department has notified the Jharkhand Payment of Wages (Amendment) Rules, 2023 (“Amendment Rules”) to further amend the Jharkhand Payment […]