Cap on investments by FPI in corporate bonds lifted

The Reserve Bank of India (‘RBI’) and the Securities Exchange Board of India (‘SEBI’) have reviewed the cap placed w.r.t investment by FPI in Debt securities. Both the Regulators had, mandated that no FPI shall …

Last Date for Filing of GSTR-9 & 9A for the year 2017-18 extended up to 30th June, 2019

The GST law mandates filing of annual return in FORM GSTR -9 and FORM GSTR-9A. Vide Order No 3/2018-Central Tax, dated 31.12.18, the last date for filing the Annual Return for the Financial Year 2017-18 …

RBI’s finalizes scheme to attract foreign investments from FPIs

The Statement on Development and Regulatory Policies in the Monetary Policy Statement dated October 05, 2018 had announced a separate scheme called ‘Voluntary Retention Route’ (VRR) to encourage Foreign Portfolio Investors (FPIs) to undertake long-term investments in …

Telengana moves NDPS licensing online

As a measure of improving Ease of doing business in the State, the Telengana Drug Control Administration has strictly enforced online processing of application process concerning Narcotics and Psychotropic Substances (‘N.D.P.S.’) By way of its …

Schedule H Drug list amended to include Hydroquione – skin lightening agent

The Ministry of Health and Family Welfare vide Notification passed on 6th March, 2019 G.S.R.186(E) amended the Drugs and Cosmetics Rules, 1945, which shall come into force on 01st April 2019. With this new amendment, …

RBI harmonized different categories of NBFCs

Reserve Bank of India in its notification dated 22nd February, 2019, has decided to harmonise different categories of NBFCs. The decision was first set out in Statement on Developmental and Regulatory Policies released on 7th …

Amendment in Hazardous Waste (Management& Transboundary Movement) Rules, 2016

The Ministry of Environment, Forest and Climate Change has amended the Hazardous and Other Wastes (Management & Transboundary Movement) Rules, 2016 vide notification dated 01 March 2019. Some of the salient features of the Hazardous …

Trusts are now allowed to set up unit in SEZ

The Union Cabinet approved promulgation of an Ordinance to amend the Special Economic Zones Act, 2005. The Special Economic Zones (Amendment) Ordinance was published in the gazette on 2nd of March, 2019. As per the …

NABH revamps Entry-Level Certification process for Hospitals

National Accreditation Board for Hospitals and Healthcare Organizations (NABH) has launched a new portal called HOPE – Healthcare Organizations’ Platform for Entry-Level-Certification. The Portal makes the Entry-Level Certification Process simpler, digital, faster and user-friendly. It …

No approval required for White category industries in Delhi

Delhi Pollution Control Committee (DPCC) in its order dated 28th January, 2019 has clarified that industries under the White category need not obtain Consent to establish/ Consent to operate under the Air and Water Act. …

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