Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2021
The promoters, members of the promoter group, key managerial personnel and directors of listed companies are no longer required to disclose his holding of securities of the company.
Andhra Pradesh extends the grace period for payment of motor vehicle tax
The Governor of Andhra Pradesh has ordered that no penalty shall be levied under Section 6 of the said Act, if the Motor Vehicles Advance Tax due for the quarter ending 30-06-2021 under Section 4 of the said Act in respect of Motor Transport Vehicles is paid on or before 30-06-2021.
The Government of West Bengal has reduced concession fee payable by PPE partners of fair price diagnostics and dialysis units
Concession fee is fully waived for units located in Covid-19 hospitals. Other. The units shall pay reduced concession fee depending on average monthly patient load in-between April-June 2021 as compared to average monthly patient load of last financial year
DCGI has granted emergency use approval for use of ‘Virafin’ for treating the patients showing moderate COVID-19 symptoms
Phase III clinical trial studies reported that a larger proportion of patients when administered subcutaneously with Virafin turned out to be RT-PCR negative by day 7, apart from faster recovery as compared to other anti-viral agents.
The Supreme Court has relaxed the limitation period to file cases under all general and special laws across the country from March 14 until further orders
The order was passed by a bench of Chief Justice of India NV Ramana and Justices Surya Kant and AS Bopanna in view of the surge in COVID-19 cases across the country while hearing a plea by Supreme Court Advocates-on-Record Association (SCAORA) seeking suspension of limitation period. SCAORA had requested the court to extend its March 23, 2020 order with regard to suspension of limitation period till further orders.
RBI Guidelines for Appointment of Statutory Central Auditors of Commercial Banks UCBs, HFCs and other NBFCs
The guidelines provides that the SCAs/SAs shall be strictly guided by the relevant professional standards in discharge of their audit responsibilities with highest diligence.
CBDT notifies Income-tax (11th Amendment) Rules, 2021.
The Amendment is brought under rule 2DB which deals with other conditions to be followed by the pension fund in which the pension fund is responsible for administering or investing the assets for meeting the statutory obligations and defined contributions of one or more funds or plans established for providing retirement, social security, employment, disability, death benefits or any similar compensation to the participants or beneficiaries of such funds or plans, as the case may be.
The Central Motor Vehicles Draft Amendment Rules, 2021.
The Ministry through this draft has substituted the term Special Purpose Vehicle under rule 2(zd) which means a motor vehicle so constructed or altered to serve as a specific transportation requirement of goods and/or passenger transport.
The Securities and Exchange Board of India (Portfolio Managers) (Second Amendment) Regulations, 2021.
The portfolio manager shall obtain prior approval of the Board in case of change in control in such manner as may be specified by the Board.
Government of Karnataka reserves 75% of Beds in Private Medical College Hospitals having facilities to Treat COVID-19 Patients.
The 75% of beds include High Dependency Units (HDU), Intensive Care Units (ICU) with and beds without ventilators.
