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

by Lexplosion Solution | Nov 16, 2023 | Central, CORP, Limited Liability Partnerships

The Ministry of Corporate Affairs (“Ministry”) has notified the Limited Liability Partnership... Read More

Centre mandates training programme for Pest Control Operators exclusively using Glyphosate and its derivatives: notifies list of approved training facilities for Glyphosate usage

by Lexplosion Solution | Nov 16, 2023 | Agriculture, Central, OPS

The Ministry of Agriculture has notified the Insecticides (Sixth Amendment) Rules, 2023, to... Read More

CBIC issued clarification regarding applicability of GST on job work services, reimbursement of electricity charges

by Lexplosion | Nov 15, 2023 | Central, GST, Industries

Central Board of Indirect Taxes and Customs (CBIC) via Circular No 206/18/2023-GST has issued... Read More

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

by Lexplosion | Nov 15, 2023 | LAB

With a view to revise the rates of minimum wages, the Maharashtra Industries, Energy, Labour and... Read More

Transformative Trends: Artificial Intelligence in Regulatory Compliance

by Lexplosion | Nov 15, 2023 | Compliance, Legal analysis

Introduction Compliance management is the process of ensuring that an organization complies with... Read More

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

by Lexplosion | Nov 15, 2023 | Central, NBFC, OPS

The Reserve Bank of India (“RBI”) has rolled out the “Master Direction – Information... Read More

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

by Lexplosion | Nov 15, 2023 | Central, Industries, OPS

The Forest (Conservation) Amendment Act, 2023 amending the Forest (Conservation) Act, 1980 has... Read More

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

by Lexplosion | Nov 15, 2023 | Central, Industries, OPS

Pursuant to the Jan Vishwas (Amendment of Provisions) Act, 2023 (please refer to the e-mails in... Read More

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

by Lexplosion | Nov 15, 2023 | Central, Food & Beverage, OPS

The Food Safety and Standards Authority of India (“FSSAI”) has directed Food Business Operators... Read More

SC reinforces directions on bursting firecrackers during ensuing festive seasons in India; permits only ‘Green Crackers’ at designated time and places

by Lexplosion | Nov 10, 2023 | Central, EHS, Industries

The Hon’ble Supreme Court of India (“SC”) has passed an order dated 7th November 2023 (“Present... Read More

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