SEBI amends ICDR Regulations; Lead Manager related provisions get omitted
The Securities and Exchange Board of India (SEBI) has amended the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, through the […]
RBI revised the Master Direction on Housing Finance Company (Reserve Bank) Directions, 2021; replaces the previous version
The Reserve Bank of India has issued a notification to revise the Master Direction on Housing Finance Company (Reserve Bank) Directions, 2021. […]
EPFO issues clarification for settlement of claims; Aadhaar exemptions announced for International and foreign migrant workers for final settlements
In a clarification issued to address the challenges faced by certain categories of members who are unable to seed Aadhaar with their […]
FSSAI issues advisory for e-commerce FBOs to strengthen food safety ecosystem; prohibits unregistered sellers on e-commerce food platforms
The Food Safety and Standards Authority of India (“FSSAI”) has issued advisory for e-commerce Food Business Operators (“FBOs”) on strengthening food safety […]
NSE Trading members to update the actions taken for the necessary changes in the FATF module by December 20, 2024
NSE has directed its members to update the actions taken by them in the prescribed format in the Financial Action Task Force […]
From classification to criminal proceedings: The lenders’ guide to managing compliances and reporting requirements while handling wilful and large defaulters
Wilful default[1] by borrowers[2] and the exponential rise thereof in instances of deliberately defaulting on financial obligations not only poses a significant […]
EPFO issues clarification on earlier amendments to EPF Scheme, 1952; new damages recovery rate not to apply to default made up to 13th June, 2024
In continuation to what we reported earlier (please refer to e-mail in trail), the Employees Provident Fund Organization (“EPFO”) has issued a […]
Governor of West Bengal urges all employers to settle bonus payments ahead of Durga Puja celebrations by 30th September 2024
The Governor of West Bengal has issued an appeal to all employers in the State governed by the Payment of Bonus Act, […]
Last date of e-filing return of Professional Tax in Form III in West Bengal extended till 31st May, 2024; submission in paper/physical form to be done by 15th June, 2024
The Directorate of Commercial Taxes, Government of West Bengal has extended the last date of filing return in Form-III under West Bengal […]
KSPCB directs commercial buildings established before 30.06.2015 to obtain consent to operate on or before 30th September, 2024
Kerala State Pollution Control Board (“KSPCB”) has issued a circular reiterating the requirement of obtaining consent to operate under the Air (Prevention […]
West Bengal Labour Department directs employers to grant paid holidays to employees on account of elections in several constituencies in the State; daily wage / casual workers also entitled to paid holiday on poll days
On account of the Lok Sabha General Elections and the West Bengal Legislative Assembly by-election, 2024, the Government of West Bengal has […]
RBI issues the 2024 Directions for the Bharat Bill Payment System, aimed at enhancing efficiency and customer protection
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 (“2024 Directions”), superseding […]