New Zealand | Fair Trading Amendment Bill receives Royal Assent
On August 16, 2021, the Fair Trading Amendment Bill has received the Royal Assent. The Fair Trading Amendment Act 2021 introduces significant
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Administration of National Bank for Financing Infrastructure and Development Act inserted under Schedule 2 of GoI (Allocation of Business) Rules, 1961
The President makes Government of India (Allocation of Business) Three Hundred and Sixty-Third Amendment Rules, 2021 further to amend the Government of
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SEBI imposes additional penalty for repeated delivery default
The Securities and Exchange Board of India has issued circular dated August 17 2021, imposing additional penalties for repeated delivery default. The
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ESIC notifies COVID-19 Relief Scheme for insured persons
The Employees State Insurance Corporation has notified the Covid-19 Relief Scheme on 11th August 2021 as a welfare measure for the Insured
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SEBI revises format for disclosure of shareholding pattern of promoters and promoter group entities
The Securities and Exchange Board of India has issued circular dated August 13 2021, revising the format for disclosure of shareholding pattern
Continue readingUrban street vendors included under MSMEs
The Ministry of Micro, Small and Medium Enterprises has issued an office memorandum dated August 9, 2021 which includes the urban street
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Tamil Nadu Government reduces rate of VAT for sale of petrol
The Government of Tamil Nadu has issued an order, reducing the VAT for sale of petrol on August 13, 2021. The Governor
Continue readingRBI extends deadline of ‘On Tap Targeted Long-Term Repo Operations scheme’
The Reserve Bank of India has extended the On Tap Targeted Long-Term Repo Operations (TLTRO) Scheme till 31st December 2021, notified vide
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Inland Vessels Act, 2021
The Inland Vessels Act, 2021 was assented by the President on August 12, 2021. It replaces the Inland Vessels Act, 1917. The
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Provisions of Extradition Act, 1962 made applicable to New Zealand
On August 16, 2021, the Central Government directs that the provisions of the Extradition Act, 1962, other than Chapter III, shall apply
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Lock-in period for promoter contribution reduced from 3 years to 18 months vide SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2021
On August 13, 2021, the Securities and Exchange Board of India (SEBI) has issued the Securities and Exchange Board of India (Issue
Continue readingUSA- Minnesota | New and expectant parents accorded workplace protections under new legislation
The Minnesota Government has passed legislation that strengthen workplace protections for new and expectant parents. The new law comes into effect on
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SEBI issues guidelines on issuance of non-convertible debentures with warrants through Qualified Institutional Placement
The Securities and Exchange Board of India has issued circular dated 13th August 2021 providing the guidelines on issuance of non-convertible debt
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Commissioner empowered to call for furnishing any information under Delhi GST Act, 2017 vide Delhi GST (Amendment) Act, 2021
The Department of Law, Justice and Legislative Affairs has passed the Delhi Goods and Services Tax (Amendment) Act, 2021 to amend the
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ESIC extends Atal Beemit Vyakti Kalyan Yojana till 2022
On August 11, 2021, ESIC has decided to extend the Atal Beemit Vyakti Kalyan Yojana for the period 01.07.2021 to 30.06.2022 with
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Government notifies Plastic Waste Management Amendment Rules, 2021, prohibiting identified single use plastic items by 2022
The Ministry of Environment, Forest and Climate Change, has notified the Plastic Waste Management Amendment Rules, 2021, which prohibits identified single use
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Revision of Ceiling Prices to be carried out every five years vide Drugs (Prices Control) Third Amendment Order, 2021
The Ministry of Chemicals and Fertilizers notified the Drugs (Prices Control) Third Amendment Order, 2021 on August 12, 2021. It amends the
Continue readingMinimum pension of INR 3000 per month to be awarded under National Pension Scheme for Traders, Shopkeepers and Self-Employed Person, 2019
The Ministry of Labour and Employment has passed the National Pension Scheme for Traders, Shopkeepers and Self- Employed Persons, 2019 vide notification
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Central Government has power to prohibit strikes, lock-outs, and lay-offs in units engaged in essential defence services vide Essential Defence Services Act, 2021
The Central Government has notified the Essential Defence Services Act, 2021 on August 11, 2021. It shall be deemed to have come
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Pre-packaged Insolvency Resolution Process for MSMEs, introduced vide IBC(Amendment) Act, 2021
On August 12, 2021, the Central Government has notified the Insolvency and Bankruptcy Code Amendment Act, 2021 which has brought Pre-packaged Insolvency
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