Ministry of Home Affairs clarifies Misinterpretations

Ministry of Home Affairs via notification dated 23rd April has clarified on certain misinterpretations of Guidelines on COVID 19. The authority states that there is no requirement for the industries to take any special permissions …

CCI issues advisory to businesses in time of COVID-19

CCI has cautioned businesses that only such acts in concert that is necessary and proportionate to address concerns arising from COVID-19 will be allowed. Businesses are not to not take advantage of COVID-19 to contravene …

MCA notifies the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020

An individual who has been appointed as an independent director shall within seven months apply online to the institute for inclusion of his name in the data bank.

AP Pollution Control Board has relaxed requirements for manufacturing Hydroxychloroquine

The Andhra Pradesh Pollution Control Board vide circular dated 17.04.2020, has relaxed manufacturing/formulation of Hydroxychloroquine or its intermediates in bulk / formulation activity in the state of Andhra Pradesh to combat the COVID 19 outbreak.

CBIC notifies Form GST PMT-09 with effect from April 21, 2020

Central Board of Indirect Taxes and Customs in its notification dated 28th April 2020 has notified 21st April 2020 as the day when rule 9 and rule 25 of the Central Goods and Services Tax …

DGFT issues clarification in respect to application for free sale and commerce certificates

DGFT directs the Trade and Industry to send their applications for grant of Free sale and Commerce Certificates at the official email ID of the concerned Regional Authority

Ministry of Consumer Affairs has allowed manufacturers to utilize inventory of pre-printed packaging material till September

The Ministry of Consumer Affairs, Food, and Public Distribution vide its order dated 17th April 2020 has permitted the manufacturers or packers to utilize the existing packaging material/wrapper up to 30th September 2020.

BSE enlists relaxations granted by SEBI on account of COVID-19 pandemic

The Bombay Stock Exchange in its circular dated 27th April 2020 has made a comprehensive list on various relaxations granted under SEBI regulations on account of COVID-19 pandemic.

SEBI eases compliance norms for investment in unlisted NCDs

SEBI has extended the timeline by 6 months for compliance with the highest investment limit of 15% in unlisted NCDs for mutual funds by September 30, 2020 and 10% by December 31, 2020.

Foreign Exchange Management (Non-debt Instruments) Rules, 2020 get amendment

Ministry of Finance via notification dated 27th April, 2020 has published The Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2020. The amendment has allowed 100% investment in the Non-debt instruments of intermediaries through automatic …

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