Annual turnover threshold for generation of GST e-invoices reduced from INR 20 Crore to INR 10 Crore
Registered persons whose annual turnover in any preceding financial year from 2017-18 onwards exceed INR 10 crore shall be required to generate […]
Pan India Status on the ban of Single Use Plastic (SUP)
In sync with the Plastic Waste Management (Amendment) Rules, 2021 which mandates to stop the use, distribution, production and sale of single […]
RBI issues notification on Restriction on Storage of Actual Card Data; re-iterates that w.e.f 01.10.2022 , no entity in the card transaction / payment chain, other than the card issuers and / or card networks, should store CoF data
The Reserve Bank of India has issued a notification on “Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]” Background: In […]
RBI extends the timeline for submission of applications for seeking authorisation under the Regulation of Payment Aggregators till 30th September, 2022
The Reserve Bank of India (“RBI”) has issued a notification on “Regulation of Payment Aggregators – Timeline for submission of applications for […]
SEBI rolls out Consultation Paper on Online Bond Trading Platforms – Proposed Regulatory Framework; invites public comments by 12th August, 2022
The Securities and Exchange Board of India has issued the Consultation Paper on Online Bond Trading Platforms – Proposed Regulatory Framework (“Consultation […]
Spending of funds for ‘Har Ghar Tiranga’ campaign i.e. mass scale production and supply of the National Flag ,outreach and related efforts qualifies as eligible CSR activity
The Ministry of Corporate Affairs (“MCA”) has recently clarified that spending of CSR Funds for activities related to “Har Ghar Tiranga” campaign […]
BRSR – Raises the Bar for ESG disclosures in India
Effective FY 2022-23 onwards, the Top 1000 listed companies (by market capitalization) in India will be mandatorily reporting out their Business Responsibility […]
In sync with Maternity Benefit (Amendment) Act, 2017, Andhra Pradesh Govt. rolls out complementary State Rules proposing Crèche and WFH facility to women employees entitled to maternity benefit
In sync with the Maternity Benefit (Amendment) Act, 2017, where employers are required to set up a crèche facility upon having 50 […]
SEBI rolls out list of entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA ( KYC user agency)
Earlier on May 12, 2020 the Securities and Exchange Board of India had informed that entities can undertake Aadhaar Authentication service of […]
Tamil Nadu PCB prohibits manufacturing, importing, stocking, distributing, selling and using of single-use plastic with immediate effect; sets up a control room with respect to Single Use Plastic (SUP)
The Tamil Nadu Pollution Control Board ( “TNPCB”) has prohibited the manufacture, import, stocking, distribution, sale and use of following single use […]
Medical prescription from registered medical practitioner mandated for e-commerce platforms selling Ayurvedic, Siddha and Unani drugs containing substances under Schedule E(1) of the Drugs and Cosmetics Rules, 1945
The Central Consumer Protection Authority ( “CCPA”) has prohibited E-commerce platforms from selling and facilitating any Ayurvedic, Siddha and Unani drugs containing […]
Manufacturers of medical devices directed to apply for manufacturing license for devices through online portal ; Quality certificates from other entities not replacement for license : CDSCO
The Central Drugs Standard Control Organization (“CDSCO”) has notified that quality certificates issued to the manufacturers under the Medical Devices Rules, 2017 […]