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 […]
FSSAI clarifies list of documents for proof of premises to be enclosed while applying for new licenses through FoSCoS
The Food Safety and Standards Authority of India (“FSSAI”) has in an advisory clarified the list of documents to be enclosed for […]
FSSAI re-iterates requirement for e-commerce food aggregators to obtain nutritional information from Food Business Operators and display on their platforms
In view of representations regarding mis-interpretation of ‘Display of Information’ by Licensing Authorities, leading to suspension of license in some cases, the […]
RBI notifies mode of payment and reporting requirement for subscription of equity shares of Indian companies listed on International exchange
Reserve Bank of India (RBI) has issued Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2024 to […]
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 […]
DPIIT notifies the Copper Products (Quality Control) Order, 2024 in supersession of existing quality control regime; effective immediately
Department for Promotion of Industry and Internal Trade (“DPIIT”) has notified the Copper Products (Quality Control) Order, 2024 (“Order”) in supersession of […]
NPCI revises Retrieval Reference Number in UPI to avoid duplicates; PSPs and Banks to implement revised RRN and remove validation of ‘YDDD’ by 31st May, 2024.
The National Payments Corporation of India (“NPCI”) has issued an addendum to a previously issued circular for revision of Retrieval Reference Number […]
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 […]
MeitY mandates enhanced security measures for CCTV systems: essential security parameters set for testing of CCTV cameras, effective from 9th October, 2024
Ministry of Electronics and Information Technology (“MeitY”) has recently notified amendments to the Electronics and Information Technology Goods (Requirement of Compulsory Registration) […]