Environment (Protection) Second Amendment Rules, 2021

The amendment has provided a list of Pharmaceutical Bulk Drugs and Formulations and has provided the effluent standards for the same. The standards is applicable to all discharges except to CETP and shall be applicable to all discharge to land and surface water bodies including use of treated wastewater for horticulture or irrigation purpose. Limits shall be applicable to industries those are using Benzene, Xylene, Methylene Chloride, Chlorobenzene.

Taxation Laws (Amendment) Act, 2021

The Bill proposes to amend the Income-tax Act, 1961 so as to provide that no tax demand shall be raised in future on the basis of the retrospective amendments made under Finance Act, 2012 for any
indirect transfer of Indian assets if the transaction was undertaken before 28th May, 2012

Central Universities (Amendment) Bill, 2021

The Government has decided to establish a new Central University in the Union territory of Ladakh to ensure increase in accessibility and quality of higher education and to facilitate and promote avenues of higher education and research for the people of the Union territory of Ladakh.