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 […]
Telangana Govt. grants conditional exemption to IT /ITeS shops and establishments in the State from provisions relating to working hours, opening and closing times etc.
The Governor of Telangana has granted an exemption to all Information Technology Enabled Services (ITES) and Information Technology Establishments in the State […]
Karnataka Government extends conditional exemption for IT /ITeS companies from provisions under Industrial Employment (Standing Orders) Act till June 2029
In a recent Notification, and as a continuation to earlier Notification No. LD 194 LET 2016 dated 25-05-2019, the Government of Karnataka […]
PESO mandates implementation of Barcode / QR Code on High-pressure cylinders
The Petroleum and Explosives Safety Organization (“PESO”) has issued an Order directing all manufacturers, importers, fillers and traders of High-Pressure Cylinders used […]