CCI introduces the Draft CCI (Lesser Penalty) Regulations 2023 to include the provisions of ‘lesser penalty plus’ and withdrawal of’ lesser penalty’ / ‘lesser penalty plus’ applications
The Competition Commission of India (“CCI”) has issued the Draft CCI (Lesser Penalty) Regulations 2023 (“Draft Regulations”) to repeal and replace the […]
MOEFCC issues Green Credit Rules, 2023 to incentivize voluntary environment positive actions
The Ministry of Environment, Forest, and Climate Change (“Authority”) has issued Green Credit Rules, 2023 to incentivize voluntary environment positive actions through […]
Companies mandated to designate a person for furnishing information to Registrar with respect to beneficial interest in shares of company: MCA
The Ministry of Corporate Affairs (“Ministry”) has notified the Companies (Management and Administration) Second Amendment Rules, 2023 to further amend the Companies […]
MCA mandates private companies (excluding small company) to issue securities only in dematerialised form; companies to comply by end-September 2024
The Ministry of Corporate Affairs (“Ministry”) has notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 (“Rules, 2023”) to […]
Central Board of Indirect Taxes and Customs (CBIC) clarified about additional declarations to be made in import/export in respect of certain products
Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 23/2023 to clarify that additional qualifiers will be required for […]
MCA informs the stakeholders that processing of application forms for the purpose of name reservation and incorporation at the Central Reservation Centre is faceless and randomised
The Ministry of Corporate Affairs (“Ministry”) has informed the stakeholders on its website that the processing of application forms for the purpose […]
Comments invited on TRAI’s Consultation Paper for ‘Digital Transformation through 5G Ecosystem’ till 30th October and counter-comments till 13th November, 2023
The Telecom Regulatory Authority of India (“TRAI”) has issued a consultation paper on Digital Transformation through 5G Ecosystem to identify the policy […]
Outcome of the 52nd GST Council Meeting
GST Council held its 52nd meeting at New Delhi. The following recommendation relating to changes in GST tax rates, measures for facilitation […]
Central Board of Direct Taxes (CBDT) issued clarification regarding difficulties faced during filling the details of specified person in Form 10B/10BB
Central Board of Direct Taxes (CBDT) has issued circular no. 17/2023 to clarify on filling details in Form No. 10B/ 10BB* of […]
EPFO issues Standard Operating Procedure to manage and regulate the EPF Exempted Establishments
Employees’ Provident Fund Organization (“EPFO”) has issued Standard Operation Procedure (“SOP”) for management and regulation of Employees’ Provident Fund (“EPF”) Exempted Establishments […]
Comments sought on draft amendment to Tamil Nadu Shops and Establishments Rules proposing to include provisions on registration of establishments, availability of first-aid facilities
Tamil Nadu Labour Welfare and Skill Development Department has issued draft amendment to the Tamil Nadu Shops and Establishments Rules, 1948 seeking […]
Delhi PCC bans manufacturing, storing, selling and bursting of all kinds of firecrackers till 1.01.2024
Delhi Pollution Control Committee ( “DPCC”) has imposed a complete ban on manufacturing, storage, selling (including delivery through online marketing platforms) and […]