Latest Legal Updates

• Finance & Taxation
• Central

Aug 20, 2019

The Directorate of Foreign Trade (DGFT) on August 19, 2019, has notified Tariff Rate Quota (TRQ) quota for import of 30,000 MT of crude soya oil from Paraguay under India – Mercosur Trade Agreement. Therefore, DGFT incorporates the following in Para 2.107 (TRQ under Free Trade Agreement (FTA)/ Comprehensive Economic Corporation Agreement (CE

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• Industry Specific
• Central

Aug 20, 2019

The National Housing Bank (NHB) on August 02, 2019, has launched a new Scheme called Liquidity Infusion Facility (LIFt) Scheme to support Housing Finance Companies (HFCs) in creating individual housing loan portfolio that falls under the priority sector, as defined by Reserve Bank of India (RBI). The liquidity infusion by NHB may create confidence

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• Commercial
• Meghalaya

Aug 20, 2019

The State Government of Meghalaya on August 09, 2019, has published the Meghalaya Electricity Duty (Amendment and Validation) Ordinance, 2019, to amend and clarify the Meghalaya Electricity Duty Act and to validate certain actions. In Meghalaya Electricity Duty Act, the exciting Section 3(1)(c), shall be deemed to have been substituted with effect

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• EHS
• Pondicherry

Aug 20, 2019

The Government of Puducherry on August 01, 2019 has published the Draft Bye-laws for Plastic Waste Management, 2019. These Bye-laws shall apply to all the areas situated within the territorial limit of Nedungadu Commune Panchayat. Further, it will apply to every plastic waste generator, manufacturer, importers and producers, shopkeepers and street

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• Secretarial
• Central

Aug 20, 2019

The Securities and Exchange Board of India (SEBI) on August 19, 2019, has issued a Circular specifying that the fines to be imposed by the Stock Exchanges for non-compliance with certain provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (ICDR Regulations). The Regulation 297 and 298 of SEBI (ICDR) Regulations, 2018

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• Labour
• Karnataka

Aug 20, 2019

The State Government of Karnataka has revised the minimum rates of wages and Variable Dearness Allowance (VDA) for the employees employed in Cinchona Rubber, Tea and / or Coffee Plantations (Except Office Staff) from April 01, 2019 to March 31, 2020. The Categories of Employment for minimum rates of wages per month are as under: Sl. No.

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• Secretarial
• Central

Aug 20, 2019

The Ministry of Corporate Affairs (MCA) had notified the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019 on August 14, 2019 and is available on www.iepf.gov.in.   Accordingly, the following forms shall be revised: • Form IEPF-1 (Statement of amounts credited to

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• Labour
• Karnataka

Aug 19, 2019

The State Government of Karnataka has revised the minimum rates of wages and Variable Dearness Allowance (VDA) for the employees employed in CIay Pottery, Ceramics, Stoneware, Earthenware and such other Alied Products from April 01, 2019 to March 31, 2020. The Categories of Employment for minimum rates of wages per month are as under: Ø&nb

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• Labour
• Karnataka

Aug 19, 2019

The State Government of Karnataka has revised the minimum rates of wages and Variable Dearness Allowance (VDA) for the employment in rubber products (including foam and coir and rubberized products) industry with effect from April 01 to March 03, 2020. The minimum rates of wages have been revised for certain class of employment: 1. Highly-Skilled

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• EHS
• Goa

Aug 19, 2019

The State Government of Goa on August 16, 2019 has published the Goa Clinical Establishments (Registration and Regulation) Bill, 2019, to provide registration and regulation of clinical establishments in the State of Goa and for that purpose, interalia, seeks to constitute the Goa Council for Clinical Establishments. The Bill seeks to lay down the

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• Industry Specific
• Central

Aug 19, 2019

The Securities and Exchange Board of India (SEBI) on August 16, 2019, in order to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, has issued a Circular with reference to the SEBI Circular SEBI/IMD/CIR No. 1/91171/07 dated April 16, 2007 pertaining to investment in Short Term

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• Industry Specific
• Central

Aug 19, 2019

The Ministry of Human Resource Development on August 13, 2019, has issued a Notification to notify the Central Universities (Amendment) Act, 2019.  The Ministry of Law and Justice on July 23, 2019, has published the Central Universities (Amendment) Act, 2019 to further amend the Central Universities Act, 2009. The Central Government hereby app

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