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Legislation Updates

Legislation UpdatesNotifications

Definition of bank expanded

S.O. 3418(E).—In the notification of the Government of India, Ministry of Finance, Department of Economic Affairs, published vide number S.O. 3407 (E),

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Published on November 11, 2016November 26, 2016By Saba
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Legislation UpdatesNotifications

Denomination of bank notes of value of two thousand rupees, notified

S.O. 3409(E).— In exercise of the powers conferred by sub-section (2) of Section 24 of the Reserve Bank of India Act, 1934

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Published on November 9, 2016November 20, 2016By Saba
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Legislation UpdatesNotifications

Government Notification of demonitisation of Rs 500 and Rs 1000 notes

S.O. 3407(E).- Whereas, the Central Board of Directors of the Reserve Bank of India (hereinafter referred to as the Board) has recommended that

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Published on November 9, 2016November 24, 2016By Saba
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Legislation UpdatesNotifications

Tamil Nadu Govt. enhances maternity leave to 9 months

GO (Ms) No. 105 dated  07.11.2016 1.  G.O. (Ms) No. 51,  Personnel and Administrative Reforms (FR.III) Department. dated 16.05.2011. 2.  G.O.  (Ms)

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Published on November 8, 2016November 26, 2016By Saba
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Legislation UpdatesNotifications

The Real Estate (Regulation and Development) (General) Rules, 2016, notified

Real estate developers will have to furnish additional information regarding the ongoing projects for the benefit of the buyers besides depositing 70%

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Published on November 8, 2016November 26, 2016By Saba
Leave a comment4839 views
Legislation UpdatesNotifications

The Real Estate (Regulation and Development) Removal of Difficulties Order, 2016, notified

S.O. 3347(E).––Whereas, certain sections of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) (hereinafter referred to as the Act) came

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Published on November 3, 2016November 26, 2016By Saba
Leave a comment5225 views
Foreign LegislationLegislation Updates

The Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eleventh Amendment) Regulations, 2016, notified

G.S.R. 1002(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign

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Published on November 3, 2016April 27, 2018By Saba
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Foreign LegislationLegislation Updates

The Food Safety and Standards (Food Products Standards and Food Additives) Eleventh Amendment Regulations, 2016, notified

F. No. Stds/SP (Water & Beverages)/Notif (2)/FSSAI-2016.—Whereas the draft of the Food Safety and Standards (Food Products Standards and Food Additives) Amendment Regulations,

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Published on November 1, 2016April 27, 2018By Saba
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Legislation UpdatesRules & Regulations

The Prohibition of Benami Property Transactions Rules, 2016, notified

G.S.R. 1004(E).—In exercise of the powers conferred by Section 68 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988),

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Published on November 1, 2016December 3, 2016By Saba
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Legislation UpdatesRules & Regulations

The Aircraft ( Sixth Amendment) Rules , 2016, notified

G.S.R. 994(E).—Whereas the draft of certain rules further to amend the Aircraft Rules, 1937, was published, as required by Section 14 of

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Published on October 31, 2016November 26, 2016By Saba
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Legislation UpdatesNotifications

The Benami Transactions (Prohibition) Amendment Act, 2016 to come into force on Nov. 1, 2016

The Benami Property Transactions Act, 1988 has been amended by the Benami Transactions (Prohibition) Amendment Act, 2016 (BTP Amendment Act). The rules

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Published on October 29, 2016November 26, 2016By Saba
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Legislation UpdatesRules & Regulations

Draft of Aircraft (Amendment) Rules, 2016, notified

G.S.R. 998(E).— The following draft of certain rules further to amend the Aircraft Rules, 1937, which the Central Government proposes to make in

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Published on October 27, 2016November 27, 2016By Saba
Leave a comment3818 views
Legislation UpdatesNotifications

International organisations not to be treated as foreign source under Foreign Contribution (Regulation) Act, 2010, notified

S.O. 3210(E).– In exercise of the powers conferred by Section 50 of the Foreign Contribution (Regulation) Act, 2010 (42 of 2010), the Central Government

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Published on October 26, 2016November 28, 2016By Saba
Leave a comment3555 views
Legislation UpdatesNotifications

RBI notifies framework for imposing monetary penalty on Authorised Payment Systems Operators/Banks under Payment and Settlement Systems Act, 2007

Framework for imposing monetary penalty on Authorised Payment Systems Operators/Banks under Payment and Settlement Systems Act, 2007 The Payment and Settlement Systems

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Published on October 26, 2016October 26, 2016By Saba
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Foreign LegislationLegislation Updates

The Conduct of Elections (Amendment) Rules, 2016, notified

S.O. 3263(E).—In exercise of the powers conferred by Section 169 read with Section 60 of the Representation of the People Act, 1951 (43

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Published on October 24, 2016April 27, 2018By Saba
Leave a comment5348 views
Legislation UpdatesStatutes/Bills/Ordinances

Date for seeking comments on Draft Financial Resolution and Deposit Insurance Bill extended till 31st Oct., 2016

The Government of India had invited stakeholder/public comments on the Draft Financial Resolution and Deposit Insurance (FRDI) Bill, 2016 from 28.9.2016 to

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Published on October 21, 2016November 28, 2016By Saba
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Legislation UpdatesNotifications

Vehicle manufacturers will have to give details about emission and noise levels of each vehicle they produce

Come 1st of April 2017, manufacturers of all kinds of motor vehicles as also E-rickshaws and E-carts will have to give detailed

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Published on October 19, 2016November 29, 2016By Saba
Leave a comment4194 views
Foreign LegislationLegislation Updates

The Income Tax (28th Amendment), Rules, 2016, notified

G.S.R. 982(E).—In exercise of the powers conferred by Section 115QA read with Section 295 of the Income Tax Act, 1961 (43 of

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Published on October 18, 2016April 27, 2018By Saba
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Legislation UpdatesRules & Regulations

Draft of Food Safety and Standards (Food Products Standards and Food Additives) Amendment Regulations, 2016, notified

New Delhi, the 10th October, 2016 No. Stds/SP(Water & Beverages)/Notif (1)/FSSAI-2016.—The following draft of certain regulations, further to amend the Food Safety

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Published on October 17, 2016November 29, 2016By Saba
Leave a comment4701 views
Foreign LegislationLegislation Updates

The Income Tax (27th Amendment) Rules, 2016, notified

S.O. 3179(E).— In exercise of the powers conferred by clause (b) of Section 13B, read with Section 295 of the Income Tax

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Published on October 14, 2016April 27, 2018By Saba
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