Month: April 2024

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Preserving Kannada Heritage: Legislative Amendments and the Dynamic Duo of Kannada Cells and Kannada Kalika Ghataka

In Karnataka, the preservation and promotion of Kannada language and culture stand as paramount objectives, deeply rooted in the state’s rich heritage. Recent legislative amendments and institutional initiatives underscore the government’s commitment to safeguarding Kannada identity and fostering linguistic pride among Kannadigas.   In recent times, the state government of Karnataka has shown intent in […]

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Municipal Corporation Gurugram: Bulk Waste Generators to Mandatorily Register by April 30, 2024

The Union Ministry of Housing and Urban Affairs (MoHUA) estimated that nearly 30-40 per cent of waste in a city is generated by Bulk Waste Generators (BWGs). Henceforth, the Municipal Corporation Gurugram (MCG) has augmented its efforts in waste management by defining a Bulk Waste Generator (BWG) and launching a dedicated Waste Management Portal. This […]

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Compliance Checklist: National Housing Bank Act, 1987, Refinance Booklet for Housing Finance Companies and amendment thereto

The National Housing Bank (NHB) plays a crucial role in supporting Housing Finance Companies (HFCs) by offering refinance assistance. Let’s delve into the key aspects of this program: Purpose of Refinance Assistance Individual Housing Loans: NHB provides refinance assistance to HFCs for housing loans extended to individuals. This helps HFCs manage liquidity and continue their […]

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FSSAI Compliance – Categorization of Drinks as Energy or Health Drink

Viewing, the increase market ration of energy drinks among youngsters and reports on effects of such drinks containing caffeine, guarana, glucuronolactone, taurine, ginseng, inositol, carnitine, B-vitamins etc. as main ingredients that act as stimulants, FSSAI with help of expert group set up standards for ingredients, so such could be put to use till they do […]

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Additions to Compliance Landscape of REIT

Key amendments in REIT Compliances   SEBI vide its notification dated 8th of March, 2024 have notified Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2024. Brief synopsis of additional compliances introduced are as under:   S. No. Sub Head Compliance Description Periodicity Effective Date 1 Other Compliance Investment manager to […]

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Compliance Up-Dates: New Compliances Introduced

A. SEBI Stock-Brokers Regulations, 1992   S.No. Sub Head Compliance Description Periodicity Effective Date 1 Returns Trading members other than members using Algorithm software to submit an annual report on ENIT portal regarding Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries for the period ending March 31, […]

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