Legislation Updates Archives | Page 67 of 125

Government amends — extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies in view of COVID-19 pandemic

Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current

COVID 19 Legislation Updates Notifications

COVID 19 | Period of lockdown to be excluded while computing limitation in relation to any liquidation process–IBBI Regulations amended

Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2020 No. IBBI/2020-21/GN/REG060.- In exercise of the powers conferred by clause

COVID 19 Legislation Updates Notifications

Lockdown | Period for filing ESI contribution for the month of February — extended to 15th May, 2020

Extension of time in filing ESI contribution As a relief measure, the period for filing ESI contribution for the month of February

COVID 19 Legislation Updates Notifications

EPFO | Due date for filing e-challan extended till 15-05-2020 for employers who have disbursed salaries for March, 2020

In view of the extension of the nationwide lockdown, it has been decided by EPFO to allow grace period of 30 days

COVID 19 Legislation Updates Notifications

Renewal date for Motor Vehicle 3rd Party Insurance Policies falling between 25th March, 2020 to 3rd May, 2020– extended

S.O. 1258 (E).—In exercise of powers conferred by sub-sections (1) and (5) of section 64VB of the Insurance Act, 1938, read with

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Press Council of India | Electronic media, TV news channels, social media i.e. Whatsapp/ twitter/Facebook do not come under the jurisdiction of PCI

The Press Council of India is a statutory, quasi-judicial authority set-up by an Act of the Parliament. It functions under the Press

COVID 19 Legislation Updates Notifications

CM’s Relief Fund for COVID 19 shall not qualify as CSR expenditure

The Ministry of Corporate Affairs (MCA) has been receiving several references/ representations from various stakeholders seeking clarifications on eligibility of CSR expenditure

COVID 19 Legislation Updates Notifications

MHA directs all States/UTs to provide — necessary Police Security to Doctors and Medical Staff fighting COVID 19 — in view of incidents of harassment

In view of reported incidents of harassment of Doctors and Medical Staff, Union Ministry of Home Affairs (MHA) has directed all States/UTs

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MHA directs all States/UTs to ensure strict compliance of lockdown measures to fight COVID 19 and not allow any social/religious gathering/procession

In view of the ensuing festivals in the month of April 2020, Union Ministry of Home Affairs (MHA) has directed all States/UTs

COVID 19 Legislation Updates Statutes/Bills/Ordinances

President promulgates — Salaries and Allowances of Ministers (Amendment) Ordinance, 2020 | Minister’s Sumptuary allowance to be reduced by 30%

President promulgated — Salaries and Allowances of Ministers (Amendment) Ordinance, 2020 on 09-04-2020. Amendment of Section 5 In the Salaries and Allowances

COVID 19 Legislation Updates Notifications

Government Grants exemption from Basic Custom duty & Health Cess on import of Ventilators, PPE, COVID Test Kits & Face & Surgical Masks

In the context of COVID-19 situation, considering the immediate requirement of ventilators and other items, the Central Government has granted exemption from

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RBI permits greater space to State Governments/ UTs for availing overdraft facilities

In order to provide greater flexibility to the State Governments to tide over their cashflow mismatches, RBI, on a review, has decided

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LG of NCT of Delhi authorises — Commr. of police to exercise power of detaining authority under S. 3(2) of NSA

No. F.2/1/88-HP-II/ Pt.-I/775-78.—Whereas the Lt. Governor of the National Capital Territory of Delhi is satisfied that it is necessary to do so;

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COVID 19 | Income Tax Department to release all pending income tax refunds up to Rs 5 lakhs immediately

In the context of the COVID-19 situation and with a view to provide immediate relief to the business entities and individuals, it

COVID 19 Legislation Updates Notifications

MHA writes to States to ensure availability of Essential Goods, by invoking provisions of Essential Commodities Act 1955, under lockdown to fight COVID-19

As part of maintaining smooth supply of essential items in the country, Union Home Secretary, Ajay Kumar Bhalla has written to all

COVID 19 Legislation Updates Statutes/Bills/Ordinances

30% reduction in salaries payable to MPs to meet exigencies of COVID 19 — Salary, Allowances and Pension of Members of Parliament (Amendment) Ordinance, 2020

President promulgates — Salary, Allowances and Pension of Members of Parliament (Amendment) Ordinance, 2020. Amendment of Section 3: after sub-section (1), insertion

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EPF scheme amended to permit upto 75% non-refundable advance from PF A/c to members employed in areas declared affected by epidemic or pandemic outbreak

G.S.R. 225(E).— In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident

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EPFO Issues revised instructions to facilitate PF members to rectify their Birth Records

In a move to extend the availability and reach of online services in the wake of the COVID-19 pandemic, EPFO has issued

COVID 19 Legislation Updates Notifications

Lockdown | COVID-19 | Compliance with certain renewal, maintenance of records, code of conduct requirements in Pre-conception & Pre-natal Diagnostic Techniques Rules suspended till 30th June,2020

G.S.R. 237(E).—In exercise of the powers conferred by clause (ivc) of sub-section (2) of section 32 of the Pre-conception and Pre-natal Diagnostic

COVID 19 Legislation Updates Notifications

CBDT issues orders under S. 119 of IT Act,1961 — to mitigate hardships to taxpayers arising out of compliance of TDS/TCS provisions

Due to outbreak of the Covid-19 pandemic, there is severe disruption in the normal working of almost all sectors. To mitigate the