New Income Tax Rule 12AA and Rule 51B notified by CBDT
On August 18, 2021, the Central Board of Direct Taxes (CBDT) has issued the Income-tax (24th Amendment) Rules, 2021 to further amend
Continue readingRules & Regulations
Labour Welfare Fund (Gujarat) (Amendment) Rules, 2021 omits the provision for maintenance of registers
On August 11, 2021, the Labour and Employment Department of Gujarat has passed the Labour Welfare Fund (Gujarat) (Amendment) Rules 2021 to
Continue reading
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 reading
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
Continue reading
Determination of income of specified funds associated with units held by NRI, notified vide Income tax Amendment (22nd Amendment), Rules, 2021
The Central Board of Direct taxes has notified the Income tax Amendment (22nd Amendment), Rules, 2021 through circular dated the 9th August,
Continue reading
Indirect Foreign Investment would not constitute investments made by NRI owned Indian Entity vide Foreign Exchange Management (Non debt Instruments) (Amendment) Rules, 2021
The Ministry of Finance has notified Foreign Exchange Management (Non debt Instruments) (Amendment) Rules, 2021 on August 6, 2021. The Foreign Exchange
Continue reading
Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008 and SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 into SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
The Securities and Exchange Board of India has notified SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 on August 9, 2021.
Continue reading
Regulations regarding mining leases granted to government companies notified vide Mineral Concession (Amendment) Rules, 2021
The Ministry of Coal has notified Mineral Concession (Amendment) Rules, 2021 on August 6, 2021. It amends the Mineral Concession Rules, 1960.
Continue reading
Board may grant reward in case of total reward payable is less than or equal to Rs. one crore upon the issuance of the final order
On August 05, 2021, the Securities Exchange Board of India makes Securities and Exchange Board of India (Prohibition of Insider Trading) (Second
Continue reading
Asset Management Company to evaluate schemes based on risks, before investing, notified vide SEBI (Mutual Funds) (Second Amendment) Regulations, 2021
The Securities and Exchange Board of India has notified SEBI (Mutual Funds) (Second Amendment) Regulations, 2021 on August 5, 2021. They shall
Continue reading
Electronic based offering of securities not to be construed as electronic mode under Rule 2(1)(h) of Companies (Specification of definitions details) Third Amendment Rules, 2014
The Ministry of Corporate Affairs has notified Companies (Specification of definitions details) Third Amendment Rules, 2021 on August 5, 2021. The
Continue reading
Only Independent Directors to approve related party transactions vide SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021
The Securities and Exchange Board of India has passed SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 on August 3,
Continue reading
SEBI | NRI or OCI could be constituents of applicant under SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2021
SEBI has issued Securities and Exchange Board of India (Foreign Portfolio Investors) Amendment Regulations, 2021 on August 3, 2021. The amendment makes
Continue reading
Battery-operated vehicles exempted from RC issue, renewal fees vide Central Motor Vehicles (Sixteenth Amendment) Rules, 2021
The Ministry of Road Transport and Highways has amended the Central Motor Vehicles Rules, 1989, notifying the Central Motor Vehicles (Sixteenth Amendment)
Continue reading
Minimum unit holders requirement for unlisted InvITs, introduced via SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2021
The Securities Exchange Board of India makes Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2021 to further amend
Continue reading
Draft Code on Wages (Jharkhand) Rules, 2021
On July 14, 2021, the Jharkhand Government has issued the Draft Code on Wages (Jharkhand) Rules, 2021. The Rules provide 9 Chapters
Continue reading
Registration of the authorised carrier shall be invalid, if the authorised carrier is found to be inactive for a period of 1 year; Form IA introduced for renewal; notified vide the Sea Cargo Manifest and Transhipment (Fifth Amendment) Regulations, 2021
The Central Board of Indirect Taxes (CBIC) with effect from July 23, 2021 has notified the Sea Cargo Manifest and Transhipment (Fifth
Continue reading
Rules for E-furnishing of Forms, Returns etc. introduced vide Income Tax (21st Amendment) Rules, 2021
The Central Board of Direct Taxes has notified Income Tax (21st Amendment) Rules, 2021 on July 29, 2021. New Rules 131 and
Continue reading
IFSCA invites public comments on proposed IFSCA (Capital Market Intermediaries) Regulations, 2021
On July 28, 2021, IFSCA has sought public comments on the proposed International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021.
Continue reading
Corporation to pay dividend in proportion to the amount paid-up on each share notified under LIC General Regulations, 2021
The Life Insurance Corporation of India has notified with effect from July 22, 2021, the Life Insurance Corporation General Regulations, 2021.
Continue reading