Labour Ministry amends the Employees’ Pension Scheme, 1995; fixes new damages recovery rate for employers defaulting on payment of contribution
The Ministry of Labour and Employment (“Ministry”) has notified amendments to the Employees’ Pension Scheme, 1995, to establish a new uniform rate […]
Labour Ministry amends the Employees’ Provident Funds Scheme, 1952; fixes new damages recovery rate for employers defaulting on payment of contribution
The Ministry of Labour and Employment (“Ministry”) has notified amendments to the Employees’ Provident Funds Scheme, 1952, to establish a new uniform […]
Ministry of Commerce notifies the Special Economic Zones (Fourth Amendment) Rules, 2024; permits sale of metal and metal-alloy waste in Domestic Tariff Area on payment of applicable customs duty
The Ministry of Commerce and Industry (“Ministry”) has notified the Special Economic Zones (Fourth Amendment) Rules, 2024 permitting the sale of non-hazardous […]
NPCI revises settlement cycles and business day cutover effective from 01.08.2024
The National Payment Corporation of India (“NPCI”) has issued a circular informing members about the increased settlement cycles to help in settlement […]
Gujarat Govt. amends Gujarat Fire Prevention and Life Safety Measures Rules; prescribes timeline for submitting application for renewal of fire safety certificate
With a view to amend the Gujarat Fire Prevention and Life Safety Measures Rules, 2014 (“Rules”), the Government of Gujarat has notified […]
Maharashtra Factories (Safety Audit) (Amendment) Rules, 2024 notified; mandates safety audit of factories with 50 or more workers
The Government of Maharashtra has notified the Maharashtra Factories (Safety Audit) (Amendment) Rules, 2024 to further amend Maharashtra Factories (Safety Audit) Rules, […]
SEBI amends the PIT Regulations; reduces the waiting period to commence trading, requires detailed information for each trade etc.
The Securities and Exchange Board of India (“SEBI”) has notified Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, […]
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 […]
Key highlights on the outcome of the 53rd GST Council Meeting
GST Council held its 53rd meeting at New Delhi. In the meeting, GST Council has recommended changes related to GST tax rates, […]
PESO mandates implementation of Barcode on Ammonium Nitrate bags to digitize transaction process and prevent pilferage
The Petroleum and Explosives Safety Organization (“PESO”) has issued an Order mandating that all manufacturers and importers of Ammonium Nitrate comply with […]
SEBI issue Master Circular for Portfolio Managers
The Securities and Exchange Board of India (“SEBI”) has issued Master Circular for Portfolio Managers (as attached): Date Title Issued by 07.06.2024 […]
Agriculture Ministry notifies Honey Grading and Marking Rules, 2024 in supersession of existing 2008 Rules; mandates strict packaging/ labelling standards and quality control
In continuation to what we reported earlier (please refer to the e-mail in trail), the Agriculture Ministry has notified the Honey Grading […]