FSSAI mandates online submission of Annual Return by Food Business with effect from FY 2020-21.
As per clause 2.1.13(3) Food Safety and Standards (Licensing and Registration of Food Business) Regulations, 2011 any delay in filing return beyond 31st May of each year shall attract a penalty of Rs.100 per day of delay. Licensing Authorities are directed to ensure its enforcement and shall impose penalty on default FBOs in case of non-submission of Annual return for FY 2020-2021 till extended date 31st August 2021.
The Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
No issuer shall make a public issue of debt securities and/or non-convertible redeemable preference shares unless a draft offer document has been filed with all the stock exchanges on which such securities are proposed to be listed, through the lead manager.
Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2021.
An investment made by an Indian entity which is owned and controlled by NRI(s), on a non-repatriation basis, shall not be considered for calculation of indirect foreign investment.
DGFT amends the principles on restriction and prohibitions for Imports/Exports.
Through this amendment para 2.07 of Foreign Trade Policy, 2015-2020 which deals with principles of Restrictions has been revised.
Income tax (23rd Amendment) Rules, 2021
The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, shall specify the procedure for filing of the Form No. 3CEEA and shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to the statements so furnished.
The Central Motor Vehicles (Amendment) Rules, 2021
Every manufacturer or importer of motor vehicles other than trailers and semi-trailers shall submit the prototype of the vehicle to be manufactured or imported by him for test by the Vehicle Research and Development Establishment of the Ministry of Defense in accordance with the specifically AIS 161 (Automotive Industry Standard).
Income Tax Amendment (22nd Amendment) Rules, 2021
The amendment also provides the form for filing statement of exempt income of specified funds. A copy of the certificate of registration under Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 shall be attached with the form.
Factoring Regulation (Amendment) Act, 2021
The amendment provides that the particulars of any trade receivables financed through a Trade Receivables Discounting System shall be filed with the Central Registry on behalf of the factor by the Trade Receivables Discounting System.
The Rent-a-Cab (Amendment) Scheme, 2021
The battery operated motor cabs and motor cabs driven on methanol and ethanol is exempted from the requirement for permit from state transport authority.
SEBI Operational Circular for issue and listing of Non-convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper
Operational Circular for issue and listing of Non-convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper.
