MCA liberalizes the definition of listed companies under Companies (Specification of definitions details) Second Amendment Rules, 2021.
The amendment brings in a new rule 2A which liberalize the definition of listed companies under the Companies Act to give compliance relief to public limited companies and private limited companies having listed debt securities.
New Central Sector Scheme for Industrial Development of Jammu & Kashmir.
Service sector units with a minimum investment of Rs.1 crore in building and other durable physical assets will be eligible for incentives under this scheme.
Goa Motor Vehicles Tax (Amendment) Act, 2021.
section 12 which deals with the applicability of penalty, a new proviso has been inserted which states that no penalty under this section shall be leviable in respect of the tax due for the period April 01, 2020 to March 31, 2021, if such tax is paid on or before March 31, 2021.
The Code on Wages (Bihar) Rules, 2021.
The Rule specifies the manner of calculating the minimum rate of wages and the norms for fixation of minimum rate of wages.
Ministry of Labour extends the public utility service status of industries engaged in foodstuff.
The Labour Ministry has declared that the services of the industry engaged in foodstuffs covered under item 6 of the First Schedule to the Industrial Disputes Act, 1947, for the purposes of the said act, to be a public utility service for a further period of six months.
MoEL has declared the services of industries engaged in the production of mineral oil and diesel oil to be a public utility service.
The services of the industries engaged in the manufacture or production of mineral oil (crude oil), motor and aviation spirit, diesel oil, kerosene oil, fuel oil, diverse hydrocarbon oils and their blends including synthetic fuels, lubricating oils which is covered under Industrial Disputes Act, 1947, to be a public utility service.
