Amendment to The Employee’s State Insurance (Central) Rules 1950
The Ministry of Labour and Employment, vide a Notification released on 15th February, 2019, has made amendments to Section 51 of The Employee’s State Insurance (Central) Rules 1950. Section 51 of The Employee’s State Insurance (Central) Rules 1950, deals in the Rate of Contribution by Employer and Employee. As per the Amendment, the contribution of […]
Non-residents are no longer required to furnish PAN for equity share transfer
SEBI has provided relaxation to non-residents from requirement to furnish a copy of PAN for transfer of equity shares of listed entities to their immediate relatives , by a circular dated 11th February, 2019. “Immediate relative” shall have the same meaning as defined in SEBI SAST Regulations,2011- “Immediate relative means any spouse of a person, […]
Introducing norms for Electric Vehicle Charging Infrastructure in Model building bye-laws 2016
On Dec 14, 2018, a notification has been issued by Ministry of power signifying the standards and guidelines for charging infrastructure for electrical vehicle. Now, to enable faster adoption of electrical vehicles (EVs) by providing affordable charging infrastructure and to encourage preparedness of Electric distribution system to adopt electrical vehicle charging infrastructure, amendments are made […]
DIPP released new Notification on Startups
Department of Industrial Policy and Promotion has released Notification on Startups in supersession of the Gazette Notification No. G.S.R. 364(E) dated April 11, 2018. Following significant changes have been brought in this Notification: Definition of Startup An entity shall be considered as a Startup Upto a period of ten years from the date of incorporation/ […]
Amendment to The Industrial Disputes (Central) Rules, 1957
The Industrial Disputes (Central) Rules 1957, was amended vide an Official Gazette Notification on 29th January 2019. As per the amendment to the Section 56A, every employer shall, on or before the 1st day of February in each year, upload unified annual return in Form G1 on the web portal of the Central Government […]
Active Company Tagging Identities and Verification (ACTIVE)
MCA issued Companies (Incorporation) Amendment Rules, 2019, where after Rule 25, Rule 25A- “Active Company Tagging Identities and Verification (ACTIVE)”, has been inserted. As per the Rule, Every company incorporated on or before 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE on or before 25th April, […]
Extension for filing of MSME Form I
Ministry of Corporate Affairs has provided extension for last date of filing initial return in MSME Form I vide General Circular No. 01/ 2019 dated 21st February, 2019. On 22nd January, 2019, MSME Form I was notified. As per the notification, every specified company was required to file the return of all outstanding dues to […]
Companies (Significant Beneficial Owners) Amendment Rules, 2019
Companies (Significant Beneficial Owners) Amendment Rules, 2019 have been notified on 8th February, 2019. Following significant changes have been made in the existing Rules: Change in definition of “significant beneficial owner” Under the new Rules, it has been made clear what rights or entitlements makes an individual a “significant beneficial owner”: holding indirectly, or together […]
Bar Code / QR Code at primary level packaging
In a notification issued by the Ministry of Chemicals and Fertilizers, Department of Pharmaceuticals, a new para has been inserted by partially modifying the formerly issued order, “Public Pronouncement (Preference to make in India), Order, 2017” . It states that, from 1st April, 2019, the medicines procured under Public Procurement must posses Bar Code / QR […]
