Category: Labour and Industrial Law Updates

The GeM (Governement e-Marketplace) is a dedicated platform for Startups to list their innovative products under 10 globally recognized Startup subsectors was launched on 15th November 2019.

In order to reduce logistics costs on road transportation, the ministry has developed a risk-based approach on implementation of smart enforcement of rules and regulations related to road-based violations by trucks.

The existing enterprises registered prior to 30th June, 2020, shall continue to be valid only for a period up to the 31st December 2021 and the enterprise registered with any other organisation under the Ministry …

Read More "All existing MSME enterprises registered under Udyog aadhar shall continue to be valid till 31st December 2021."

Seeding of Aadhaar number with the universal account number (UAN) for filing electronic challan-cum-returns (ECR) has been extended till September 1, 2021

Central Civil Services (Implementation of National Pension System) Rules, 2021 provides procedure for registration into the National Pension System, emoluments, retirement, resignation, benefit on absorption in or under a corporation, company or body etc.

The revised Consumer price index shall be effective retrospective from January 1, 2021. The average increase in in the worker consumer price index from July 2020 to December 2020 is 1301.

In order to make India a global economic powerhouse, vision of MSME aims towards building a supporting ecosystem for MSMEs to enhance their contribution towards five trillion dollar economy and to boost the economic activities …

Read More "Government Simplifies Registration Process for MSMEs."

The Code on Social Security, 2020 amends and consolidates the laws relating to social security with the goal to extend social security to employees and workers in the organised as well as unorganised sectors.

Pension Fund Regulatory and Development Authority (Point of Presence) (Amendment) Regulations, 2021 provides that the certificate of registration granted to a point of presence shall remain valid unless suspended or cancelled by the Authority.

There shall be established a trust to be known as the National Pension System Trust and the instrument of trust shall be in the form of a Trust Deed duly registered under the Registration Act, …

Read More "Pension Fund Regulatory and Development Authority (National Pension System Trust) (Amendment) Regulations, 2021"