CBDT publishes Draft Notification relating to Fund Manager Regime under Income Tax 1961

The Central Board of Direct Taxes, had issued a draft notification looking for inputs for framing of rules relating to Fund Manager Regime under Section 9A of the Income Tax Act, 1961

Delhi Development Authority approves changes in MPD – 2021 allowing household industrial units in residential areas.

The Delhi Development Authority in its Notification dated 11th December 2019 issued approval of the change in master plan of Delhi 2021 under which Household industrial units with maximum 09 workers and 11 KW power …

Government of Telangana proposes to amend Telangana factories rules 1950 to make it mandatory for employers to give personal protective equipment to workers

Government of Telangana through its order dated 3rd December 2019 has issued a preliminary notification for amending Rule 61-N of Telangana Factories Rules, 1950 which deals with protective equipment mandatorily given to employees by employers.

SEBI provides relaxation on group exposure limit for Mutual Funds

The Securities Exchange Board of India on 10th December 2019 has issued a circular for regulating investments by debt mutual fund schemes in debt and money market instruments of group companies of both the sponsor …

FSSAI Directs commercial feeds or feed materials intended for food-producing animals to comply with relevant BIS Standards

The Food Safety and Standards Authority of India in its Notification dated 10th December 2019 has issued direction which shall come into force in 6 months, regarding the compliance of commercial feeds or feed materials …

CBIC Appoints 1st day of January 2020 for enforcing section 88(b) of the Finance Act

The Central Board of Indirect Taxes and Customs has declared that on January 01, 2020, the provisions of Section 88(b) of the Finance Act specifies which deals with amendment of schedule 1 shall come into …

Ministry of finance amends it earlier notification on investment pattern to be followed by Non-Government provident fund

The Ministry of Finance vide notification dated 11th December 2019, has brought in a new amendment to its earlier notification dated 2nd March, 2019 on the pattern of investment to be followed by Non-Government Provident …

Ministry of Commerce and Industry seeks comments on proposal to extend Indian Boiler Regulations to whole of India.

The Ministry of Commerce and Industry has issued Draft amendment to Indian Boiler Regulations, 2019 to extend the scope of the regulations to whole of India and has invited comments .

RBI releases directions on Repurchase transactions

The Reserve Bank of India on November 28th, 2019 has published The Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018. The Amended direction shall be applicable to repurchase transactions (Repo), undertaken on recognized stock exchanges, electronic …

Ministry of Labour provides various Welfare Schemes for unorganized workers

The Ministry of Labour and Employment has clarified the social security benefits provided to unorganized sector workers, through Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment in a written reply to …