SEBI clarification on transfer of Securities held in Physical Mode

SEBI recently mandated dematerialization of physical shares held by an investors, by brining an amendment to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and disallowing listed companies from accepting request for transfer of securities …

Implementation of SEBI LODR provision on RPT involving brand usage or royalty extended

SEBI at its Board meeting held on 27 March 2019, decided to extended the timeline for implementation of Regulation 23(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [‘SEBI LODR’] relating to payment …

SEBI cuts fee for re-filing the offer document

At the meeting of the SEBI Board held on 01st March 2019, it was decided to revise the fee structure charged by the Regulator in certain cases considering the need to keep a balance between …

Beauty Parlour, Spa and Massage Parlours need Trade License in Chennai

The Tamil Nadu Government recently resolved that the trade of Beauty parlour, spa and massage parlour needs a trade license which attracts an annual fee, by amending the licensing schedule VI of the Chennai City …

Bio-Medical Waste Management (Amendment) Rules, 2019

The Central Government vide notification G.S.R. 129(E) on 19th March 2019, has published in the e-gazette, the Bio-Medical Waste Management (Amendment) Rules, 2019.  The key highlights of the amended Rules are as follows: The occupier …

Odisha Fire Prevention and Fire Safety Rules, 2017 amended

Odisha Fire Prevention and Fire Safety (Amendment) Rules, 2019 has been notified on 6th March, 2019. In the amendment, Classes of premises or occupancies likely to cause risk of fire as per Rule 9 hence …

Revised Central GST rates applicable on ‘First supplies’

The Central Government, on the recommendations of GST Council, has decided to revise the Central tax on the intra-State supply of goods and services by notification dated 7th March, 2019. Tax at rate of 3% …

GSTR-3B to be furnished till June 2019

Central Board of Indirect Taxes and Customs has notified vide notification dated 7th March, 2019, that FORM GSTR-3B shall be furnished electronically from April, 2019 to June, 2019. The decision is taken on the recommendations …

RBI revises trade credit policy framework

The Reserve Bank of India has notified a new Trade Credit Framework under the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 vide A.P (DIR Series) Circular No.23 [‘the Regulation’] after recently amending the ECB …

Government Notifies creation of GST appellate tribunal

The Ministry of Finance has notified the creation of the National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) at New Delhi, with effect from today, 14 March 2019, on the recommendation of …

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