Karnataka exempts IT sectors from Industrial Employment (Standing Orders) Act 1946 for 5 years
The Government of Karnataka had exempted the IT Companies, Start-ups, KPOs, BPOs, Animation, Gaming, Computer Graphics, telecom and other knowledge based industries from the applicability of the Industrial Employment (Standing Orders) Act 1946, in the year 2014, for 5 years i.e till 2019. The Government has now further extended the exemption to the above mentioned […]
Fortified foods endorsement on FSSAI License
The Food Safety and Standards Authority of India in a letter dated, 13th May 2019 decided to allow endorsement of Fortified Foods (+F) in FSSAI License through online Food Licensing and Registration System (FLRS} for FBOs manufacturing/ processing products under the following categories: Milk Food Product Category – 01 Rice, Wheat Flour and Maida Food […]
Relaxation of Minimum Holding Period for NBFCs on securitisation transactions
RBI has decided to further extend the Relaxation on the guidelines to NBFCs on securitisation transactions till December 31, 2019. Earlier, the relaxation was given till 29th May, 2019. As per Master Directions on NBFC- Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions dated September 01, 2016, Minimum holding Period (MHP) […]
