Income–tax (Fifteenth Amendment) Rules, 2022
The Central Board of Direct Taxes notified Income–tax (Fifteenth Amendment) Rules, 2022 to amend the Income-tax Rules, 1962. Key points: Rule 114BA
Continue readingLegislation Updates
SEBI (Collective Investment Schemes) (Amendment) Regulations, 2022
The Securities and Exchange Board has notified SEBI (Collective Investment Schemes) (Amendment) Regulations, 2022 to further amend the SEBI (Collective Investment Schemes)
Continue reading
Government revokes restrictions on banks as to payment of dividend in case of unamortised expenditure on account of enhancement in family pension
The Central Government, on the recommendation of the Reserve Bank of India, hereby declares that the provisions of sub-section (1) of section
Continue reading
Government notifies sporting events of national importance
On May 09, 2022, the Central Government has notified the following events as sporting events of national importance. They are: All Olympics
Continue reading
MoRTH issues draft notification pertaining to ease of doing business – Trade Certificate
On May 05, 2022, the Ministry of Road Transport & Highways has published a draft notification for amendments in certain provisions of
Continue reading
Incomes exempted from Total Incomes modified vide Income-tax Amendment (13th Amendment) Rules, 2022
On 6th May, 2022, Ministry of Finance amended Income Tax Rules, 1962 by Income-tax Amendment (13th Amendment) Rules, 2022 which will come
Continue reading
Application under private placement made compulsory for corporate bodies vide Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022
On 5th May, 2022, Ministry of Corporate Affairs, notified Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022. With immediate effect it
Continue reading
Advisory Committee established to regulate Marine Aids vide Marine Aids to Navigation (Central Advisory Committee Procedural) Rules, 2022
The Ministry of Ports, Shipping and Waterways, on 25th April, 2022, issued Marine Aids to Navigation (Central Advisory Committee Procedural) Rules, 2022.
Continue reading
Companies (Share Capital and Debentures) Amendment Rules 2022
The Central Government has notified Companies (Share Capital and Debentures) Amendment Rules 2022 to amend the Companies (Share Capital and Debenture) Rules,
Continue reading
SEBI issues circular on System and Network Audit of Market Infrastructure Institutions (MIIs)
On May 02, 2022, SEBI has issued a circular on System and Network Audit of Market Infrastructure Institutions (MIIs). SEBI had mandated
Continue reading
Composition of National Assisted Reproductive Technology and Surrogacy Board
The Central Government has notified that composition of National Assisted Reproductive Technology and Surrogacy Board for the purposes of the Assisted Reproductive
Continue reading
Mexico | Amendments to Federal Labor Law
On 28th April, 2022 Mexico’s Federal Official Gazette published two decrees amending several Articles of Federal Labor Law (FLL). The FLL is
Continue reading
REIT and InvIT timelines reduced vide Reduction of timelines for listing of units of Infrastructure Investment Trust (InvIT)/ Real Estate Investment Trust (REIT)
On 28th April, 2022, Securities and Exchange Board of India (SEBI) issued circulars namely, Reduction of timelines for listing of units of
Continue reading
Regulating NBFCs’ Nomination and Remuneration Committees via Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
On 29th April 2022, Reserve Bank of India (RBI), issued guidelines on Key Managerial Personnel (KMP) and Senior Management in NBFCs. These
Continue reading
RBI introduces Master Directions – RBI (Credit Card and Debit Card-Issuance and Conduct) Directions, 2022
On 21st April, 2022, Reserve Bank of India issued Master Directions– RBI (Credit Card and Debit Card- Issuance and Conduct) Directions, 2022.
Continue reading
Croatia | Whistleblower Protection Act comes into force
On 23rd April, 2022 the new Croatia Whistleblower Law came into force. The aim of the law is to protect the whistleblowers
Continue reading
CBDT notifies manner for filing updated return of income and Form ITR-U vide Income-tax (Eleventh Amendment) Rules, 2022
On April 29, 2022, the Central Board of Direct Taxes (CBDT) has issued the Income-tax (Eleventh Amendment) Rules, 2022 to amend the
Continue reading
Cabinet approves signing of the MoU between India and Chile for cooperation in Disability Sector
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has approved the signing of the Memorandum of Understanding between
Continue reading
IFSCA issues framework for FinTech entity in IFSCs
The International Financial Services Centres Authority (IFSCA) has issued a detailed “Framework for FinTech Entity in the IFSCs” in order to develop
Continue reading
Merchant Shipping (Recruitment and Placement of Seafarers) Amendment Rules, 2022
The Central Government notified Merchant Shipping (Recruitment and Placement of Seafarers) Amendment Rules, 2022 to amend the Merchant Shipping (Recruitment and Placement
Continue reading