SEBI develops framework outlining process for transfer of unclaimed funds from a listed entity to an Escrow Account and the subsequent procedure for investors to claim such amounts; effective 1.03.2024
The Securities and Exchange Board of India (“SEBI”) vide Circular...
With a view towards Ease of Doing Business, Now, FBOs applying for new license/registration or renewal will be able to select the validity period of 1 to 5 years while making applications
In continuation to what we have reported earlier (refer to the trail mail) and further to the...
Now, trespassing/damaging trees in reserved & protected forest areas will lead to enhanced fine and compensation for damage; amendments to Forest Act pursuant to Jan Vishwas (Amend..) Act, 2023 stands notified
Pursuant to the Jan Vishwas (Amendment of Provisions) Act, 2023 (please refer to the e-mails in...
Reporting LLPs must proactively identify their Significant Beneficial Owners (SBO) and obtain declaration(s) from them; Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 stand notified
The Ministry of Corporate Affairs (“Ministry”) has notified the Limited Liability Partnership...
Centre mandates training programme for Pest Control Operators exclusively using Glyphosate and its derivatives: notifies list of approved training facilities for Glyphosate usage
The Ministry of Agriculture has notified the Insecticides (Sixth Amendment) Rules, 2023, to...
CBIC issued clarification regarding applicability of GST on job work services, reimbursement of electricity charges
Central Board of Indirect Taxes and Customs (CBIC) via Circular No 206/18/2023-GST has issued...
Maharashtra Govt. invites comments on its proposals to revise minimum wages for employees engaged in industries manufacturing soaps, cosmetics and liquor till 01.01.2024
With a view to revise the rates of minimum wages, the Maharashtra Industries, Energy, Labour and...
Transformative Trends: Artificial Intelligence in Regulatory Compliance
Introduction Compliance management is the process of ensuring that an organization complies with...
RBI rolls out Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices to regulate NBFCs/ CICs etc.; gains effect from 01.04.2024
The Reserve Bank of India (“RBI”) has rolled out the “Master Direction - Information Technology...
MoEFCC notifies amendments to the Forest (Conservation) Act, effective 1.12.2023; clarifies the scope of applicability and exempts certain categories of land from the purview of the Act
The Forest (Conservation) Amendment Act, 2023 amending the Forest (Conservation) Act, 1980 has...
Intermediaries may face enhanced fines for data retention breaches from 30.11.2023: MEITY notifies implementation date for amendments to IT Act pursuant to Jan Vishwas Act, 2023
Pursuant to the Jan Vishwas (Amendment of Provisions) Act, 2023 (please refer to the e-mails in...
FSSAI directs FBOs to specify exact ingredients on labels/accompanying documents in Retail/Non-retail containers for fortified food products in sync with prescribed standards
The Food Safety and Standards Authority of India (“FSSAI”) has directed Food Business Operators...