Wearing of seat belts mandatory for motor vehicle drivers and passengers while travelling in Mumbai City with effect from 1st November, 2022; penalty to the tune of Rs. 1000/- to be imposed on violators
The Government of Maharashtra has directed all vehicle drivers and commuters travelling on the roads of Mumbai city to mandatorily wear seat […]
IRDAI issues cyber security standards for Insurance intermediaries including brokers, corporate agents, etc under the Guidelines on Information and Cyber security
Due to the recent Cyber-attacks, Insurance Regulatory and Development Authority of India ( “IRDAI”) has revised the Audit Checklist (Annexure – 1) […]
RBI issues Standard Operating Procedure for Inter-operable Regulatory Sandbox
The Reserve Bank of India has issued Standard Operating Procedure for Inter-operable Regulatory Sandbox. In order to facilitate testing of innovative products/services […]
Food Business Operators advised by FSSAI to avail the facility of advance processing of Bill of Entry in Food Import Clearance System; aims to reduce food import clearance time and demurrage charges
With a view to reduce overall food import clearance time and demurrage charges incurred, the Food Safety and Standards Authority of India […]
SEBI proposes changes to Electronic Book Provider platform to ensure that allocations are based on the best bid as opposed to those placed with the best technology
Securities and Exchange Board of Indian (SEBI) proposes to revise provisions pertaining to the Electronic Book Provider (EBP) platform for issuances to […]
Application, processing and issuing of authorization for generation, collection, reception, treatment, storage, transport, and disposal of biomedical waste will happen through XGN portal for KSPCB
State Pollution Control Board, Karnataka has informed that provision has been made in XGN Software for online receipt of application, processing and […]
Schedule I of the Information Technology Act stands amended: property transaction documents, power-of-attorney, cheques in favour of or endorsed by Regulated entities (RBI, SEBI, IRDAI, PFRDA) included under the ambit of Information Technology Act, 2000
The Ministry of Electronics and Information Technology (“MEITY”) has amended the First Schedule of the Information Technology Act, 2000 (“Act”) which specifies […]
RBI launches a web-based application “DAKSH” to strengthen the supervisory processes and improve the compliance culture in Banks, NBFCs, etc.
The Reserve Bank of India (“RBI”) has launched a new SupTech initiative named “DAKSH – Reserve Bank’s Advanced Supervisory Monitoring System” with […]
Due date for filing of annual report under Export Promotion Capital Goods scheme for the year 2022-23 extended
Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 27/2015-20 dated 29th September, 2022 to amend Para 5.15 of the […]
Directorate General of Foreign Trade further extends Foreign Trade Policy 2015-20 and Handbook of Procedures 2015-20 till 31st day of March, 2023
Directorate General of Foreign Trade (DGFT) has issued Notification No.37/2015-20 and Public Notice No.26 dated 29th September, 2022 to further extend Foreign […]
MCA extends timeline for filing e-form DIR-3-KYC and web-form DIR-3-KYC-WEB up to 15.10.2022 without paying filing fees
The timeline for filing e-form DIR-3-KYC and web-form DIR-3-KYC-WEB stands extended without paying filing fees up to 15th October, 2022 as against […]
Indicating absolute figures instead of rounded off figures in e-forms i.e. Form AOC-4 will not be treated as incorrect certification by the professionals clarifies MCA
The Ministry of Corporate Affairs ( “MCA”) had, in an earlier notification dated 24th March, 2021 amended Schedule III of the Companies […]