SEBI extends the timeline for segregation and Monitoring of Collateral at Client Level.

SEBI vide its eariler circular dated 20th July 2021, has notified the framework for segregation and monitoring of collateral at client level to ensure protection of investors’ collateral and it has also put in place a reporting mechanism that will entail disaggregated information, segment-wise and asset type wise break-up of each client collateral.

The Major Port Authorities (Corporate Social Responsibility) Rules, 2021.

Every board of each Major Port Authority that fulfills the eligibility criteria given in the Corporate Social Responsibility guidelines shall, at the beginning of each financial year, create a Corporate Social Responsibility budget and allocate funds to the Corporate Social Responsibility projects, programs or activities in such manner and to such extent as may be specified in the Corporate Social Responsibility guidelines.

The Income-tax (32nd Amendment), Rules, 2021.

Any person carrying on the production of a cinematograph film during the whole or any part of any financial year shall, in respect of the period during which such production is carried on by him in such financial year, prepare and deliver or cause to be delivered to the Assessing Officer, within thirty days from the end of such financial year or within thirty days from the date of the completion of the production of the film, whichever is earlier, a statement in the prescribed form containing particulars of all payments of over five thousand rupees in the aggregate made by him or due from him to each such person as is engaged by him in such production.