On October 8, 2024, the Securities and Exchange Board of India (SEBI) introduced new compliance guidelines for Alternative Investment Funds (AIFs). These updated rules are designed to improve transparency, prevent any misuse of regulations, and ensure that AIFs and their investors strictly adhere to the established legal requirements. The new regulations are effective immediately and […]
Read More →This list provides hands on information of the laws that have been notified by the Government both at Central and State levels during recent times along with their scope and applicability: Name of Legislation Geographical Applicability Effective Date Category Applicability Summary Electric Fence Energizers (Quality Control) Order, 2024 Central 19-11-2024 Regulatory Laws Electric Fence Energizers […]
Read More →Ministry of Ayush has published the Drugs (Fifth Amendment) Rules, 2024 dated 28th October, 2024. In exercise of the powers conferred by sub-section (2) of section 6, sections 12, 33 and 33N of the Drugs and Cosmetics Act, 1940 (23 of 1940), the Central Government, after consultation with the Ayurvedic, Siddha, Unani Drugs Technical Advisory […]
Read More →The Ministry of MSME has received multiple requests from various organizations for using its logo in events related to the MSME sector both within India and internationally. Organisations here includes any establishments, offices and officers of the M/o MSME, Indian Embassies / Missions abroad, Industry Associations, Non-Government Organization (NGOs), Not for Profit Organization etc. The […]
Read More →Food Safety and Standards Authority of India (A Statutory Authority established under the Food Safety and Standards Act, 2006) has issued an advisory for strengthen compliances and safeguard interest of consumer. E-commerce in the food sector is growing, making compliance by food business operators important for food safety, quality, and authenticity. It creates transparency and trust, […]
Read More →As per the order E-File No. RCD-02001-9-2021-Regulatory-FSSAI (E-2960) dated 29th November, 2024 issued by the Food Safety and Standards Authority of India (FSSAI), it has been decided that ‘’Packaged Drinking Water and Mineral Water’’ (for which Bureau of Indian Standards (BIS) certification was mandatory prior to first Amendment Regulations, 2024 dated 17th October 2024 will […]
Read More →In Line with the provisions mentioned under RBI’s notification (DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21) on the regulatory framework for Housing Finance Companies, all HFCs must meet the following conditions as principal business criteria to operate as an HFC in India. The majority of Financial Assets to be in Housing Finance At least 60% of the company’s total assets […]
Read More →Introduction The Food Safety and Standards (Licensing and Registration of Business) Regulations, 2011, play a vital role in ensuring that food businesses in India operate in compliance with safety standards. These regulations, implemented by the Food Safety and Standards Authority of India (FSSAI), aim to establish a framework for the licensing and registration of food […]
Read More →The Networks and Technologies Division of Department of Telecommunications under Ministry of Communications has issued a notification letter on 30th September, 2024 extending the registration period for registration of the unregistered entities who are providing M2M (Machine to Machine) services and/or WLAN (Wireless Local Area Network)/WPAN (Wireless Personal Area Network) connectivity for M2M services till […]
Read More →Background: On October 4, 2024, the Reserve Bank of India (RBI) issued an important directive to address irregularities in guarantees provided by non-residents to Indian entities. The circular highlighted cases where instruments such as Standby Letters of Credit (SBLCs) and performance guarantees were issued by non-residents without adhering to FEMA regulations. These violations raised concerns […]
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