Bird’s eye view of recent notified laws (XIII Edition)
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 |
| International Financial Services Centres Authority (TechFin and Ancillary Services) Regulations, 2025 | Central | 2025-07-10 | Banking and Forex Laws | These regulations are aimed at providing a regulatory framework for TechFins and Ancillary Services Providers for making arrangements for carrying on any of the financial services listed in sub-clauses (i) to (xi) of clause (e) of sub-section (1) of section 3 of the International Financial Services Centres Authority Act, 2019. |
| Master Circular for ESG Ratings and Data Products Providers in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to ESG Ratings and Data Products Providers under the CMI Regulations. |
| Master Circular for Credit Rating Agencies in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to Credit Rating Agencies under CMI Regulations. |
| Master Circular for Debenture Trustees in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to Debenture Trustees under CMI Regulations. |
| Master Circular for Distributors in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to Distributors under CMI Regulations. |
| Master Circular for Investment Advisers in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to Investment Bankers under CMI Regulations. |
| Master Circular for Research Entities in the IFSC | Central | 2025-08-05 | Banking and Forex Laws | This Master Circular to specify the requirements or directions on various provisions pertaining to Research Entities under CMI Regulations. |
| Bills of Lading Act, 2025 | Central | 2025-07-24 | Regulatory Laws | An Act to make provisions for the transfer of rights of suit and all liabilities to the consignee named in a bill of lading and every endorsee of a bill of lading, to whom the property in the goods mentioned in the bill of lading shall pass, upon or by reason of a consignment or an endorsement, and for matters connected therewith or related thereto. |
| Guidelines for Regulating Cage and Pen Culture of Marine or Brackish water Aquaculture Species, 2025 | Central | 2025-07-25 | Environment, Health and Safety Laws | As per these guidelines, individual or self-help groups or joint liability groups or fish farmer producer organisations or societies or farmers or entrepreneurs or technocrats, etc., shall submit an application in accordance with the procedure laid down in rule 9 of the said rules. A detailed project report indicating the infrastructure, production capacity, technology support, employment generation, economics of operation, etc., shall be submitted along with the application. |
| Guidelines for Regulating Seaweed Seedling Production and Farming in Marine and Brackish water, 2025 | Central | 2025-07-25 | Environment, Health and Safety Laws | Seaweed seedlings production units engaged or intending to be engaged in seed production of marine and brackish water seaweed spores and seedlings under controlled conditions having the required biosecurity facilities and in-house quarantine facility as specified by the Coastal Aquaculture Authority shall be eligible to apply for registration under these Guidelines. |
| Seed Production and Farming of Bivalves in Marine and Brackish Water Guidelines, 2025 | Central | 2025-07-25 | Environment, Health and Safety Laws | Any person engaged in the operation of hatcheries or intending to engage in bivalve seed production which includes clams, mussels, edible oysters, pearl oysters and any other bivalves permitted by the Central Government having the required biosecurity facilities and in-house quarantine facility as specified by the Coastal Aquaculture Authority may apply for registration to the Authority for hatchery and seed rearing. |
| Hand Tools (Quality Control) Order, 2025 | Central | 2025-10-01 | Regulatory Laws | Hand tools shall bear the standard mark under a licence from the Bureau as per Scheme I and II of the Bureau of Indian Standards (Conformity Assessment) Regulations, 2018.
Nothing in this Order shall apply to goods or articles manufactured domestically for export. |
| Master Circular on Rural, Social Sector and Motor Third Party Obligations | Central | 2025-07-25 | Regulatory Laws | The master circular is applicable to all life, general and stand-alone health insurers. It shall be applicable for obligations of Insurers for Financial Year (FY) 2024-25 only. The Master Circular on Rural, Social Sector and Motor Third Party Obligations, 2025 shall be applicable for the FY 2025-26 and FY 2026-27. |
| Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025 | Central | 2026-04-01 | Banking and Forex Laws | These Directions shall apply to the following entities, hereinafter referred to as Regulated Entity (RE) and collectively as Regulated Entities (REs), as the context may require, for all their Non-Fund Based (NFB) exposures such as guarantee, letter of credit, co-acceptance etc., unless otherwise permitted under these Directions or any regulatory guidelines/ directions issued by the Reserve Bank.
– Commercial Banks (including Regional Rural Banks and Local Area Banks); – Primary (Urban) Co-operative Banks (UCBs)/ State Co-operative Banks (StCBs)/ Central Co-operative Banks (CCBs); – All India Financial Institutions (AIFIs); – Non-Banking Financial Companies (NBFCs) including Housing Finance Companies (HFCs) in Middle Layer and above, only for the issuance of Partial Credit Enhancement, as permitted under Chapter IV of these Directions. Provided that these Directions shall not apply to the derivative exposures of a RE, other than the general conditions as laid down under Chapter II of these Directions. |
| Reserve Bank of India (Investment in AIF) Directions, 2025 | Central | 2026-01-01 | Banking and Forex Laws | These Directions shall be applicable to investments by the following REs in units of AIF Schemes:
– Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) – Primary (Urban) Co-operative Banks/ State Co-operative Banks/ Central Co-operative Banks – All-India Financial Institutions – Non-Banking Financial Companies (including Housing Finance Companies) |
| Reserve Bank of India (Co-Lending Arrangements) Directions, 2025 | Central | 2026-01-01 | Banking and Forex Laws | These Directions shall be applicable to CLAs entered into by the following REs:
– Commercial Banks (excluding Small Finance Banks, Local Area Banks and Regional Rural Banks); – All-India Financial Institutions; and, – Non-Banking Financial Companies (including Housing Finance Companies). |
| Coastal Shipping Act, 2025 | Central | Yet to be notified | Regulatory Laws | The provisions of this Act shall apply to––
– every vessel, other than an Indian vessel, engaged in coasting trade, irrespective of the place of residence or domicile of the owner; – every chartered vessel referred to in Chapter IV; and – coastal waters of India. |
| Carriage of Goods by Sea Act, 2025 | Central | Yet to be notified | Regulatory Laws | An Act to provide for the responsibilities, liabilities, rights and immunities attached to carriers with respect to the carriage of goods by sea and for matters connected therewith or related thereto. |
| Bruhat Bengaluru Mahanagara Palike (Advertisement) Bye-Laws, 2024 | Karnataka | 2025-07-17 | Corporate Laws |
The new Bye- Laws provide for the rules in respect of display of advertisement, banner, billboard/hoarding, Building wrap advertisement, electronic display etc. |
|
KERC (Karnataka Electricity Distribution Code) Regulations, 2025 |
Karnataka | 2025-07-21 | Regulatory Laws | This Code contains the procedures and practices to be followed for a safe and efficient operation of the distribution system by the Distribution Licensee and by the Users of the distribution system of their electrical plant/equipment and lines which are connected to the Distribution Licensee’s distribution system. This shall also be applicable to any electrical interface with other Distribution Licensees. |
| Karnataka Electricity Regulatory
Commission (Karnataka Electricity Grid Code) Regulations, 2025 |
Karnataka | 2025-07-21 | Regulatory Laws | These regulations shall supersede the Karnataka Electricity Grid Code, 2015 read with amendments thereof.
These regulations shall apply to: a. All generators in the State connected to In-STS; b. Transmission licensee in the State including STU; c. Karnataka SLDC, ALDC, DCC; d. Distribution Licensees including Deemed Distribution Licensees, Special economic zones & Indian Railways; e. Open access consumers, EHV consumers connected to In-STS; f. All Renewable Energy generators, Solar/ wind Power Parks and RE Hybrid parks developers connected to In-STS; g. Qualified Coordinating Agencies or Aggregator or Lead generator connected to In-STS. |
| Karnataka Stamp (Digital e-Stamp) Rules, 2025 | Karnataka | 2025-08-07 | Regulatory Laws | The Rules provide for detailed provisions regarding generation of digital e-stamp. |
|
Dadra and Nagar Haveli and Daman and Diu Co-operative Societies Rules, 2025 |
Dadra and Nagar Haveli and Daman and Diu |
2025-07-17 |
Corporate Laws | The new Rules provide for the registration of a society in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. |
| Uttar Pradesh Electricity Regulatory
Commission (Multi Year Tariff for Transmission) Regulations, 2025 |
Uttar Pradesh | 2025-04-01 | Regulatory Laws | These Regulations shall be applicable to State Transmission Utility (STU) and Transmission Licensees whose Tariff is to be determined under Section 62 of the Act for determination of Aggregate Revenue Requirement (ARR), Annual Performance Review (APR), Tariff, True-Up and associated matters as covered under these Regulations. These Regulations shall come into force from April 01,2025 and unless
reviewed earlier or extended by the Commission, shall remain in force for a period of five years. |
| Uttar Pradesh Electricity Regulatory
Commission (Fees & Charges of State Load Despatch Centre and other related matters) Regulations, 2025 |
Uttar Pradesh | 2025-04-01 | Regulatory Laws | These Regulations shall supersede the Uttar Pradesh Electricity Regulatory Commission (Fees & Charges of State Load Despatch Centre
and other related matters) Regulations, 2020. These Regulations shall be applicable for determination of fees and charges to be collected by Uttar Pradesh State Load Despatch Centre from its Users. These Regulations shall come into force from April 01, 2025, and unless reviewed earlier or extended by the Commission, shall remain in force for a period of five years. |
| Mizoram Urban and Regional Development Act, 2025 | Mizoram | 2025-06-25 | Corporate Laws | It provides for the regulation of planned growth and development of urban and rural areas and region in relation to economic growth. |
| Andhra Pradesh Excise (Grant of Licence of selling by Bar and conditions of licence) Rules, 2025 | Andhra Pradesh | 2025-08-13 | Indirect Taxation Laws | The rules shall apply for the grant of licence of selling by Bar, conditions governing thereof and transport of Indian Made Foreign Liquor and Foreign Liquor by such licensee. |
| Bihar Gig and Platform Based Workers (Registration, Social Security and Welfare) Act, 2025 | Bihar | Yet to be notified | Human, Labour and Employment Laws | This Act applies to: (a) Aggregators, platforms or primary employers operating in the State of Bihar or those operating in any other States across India or overseas rendering one or more services in Bihar as specified in Schedule-I. (b) Every Gig and Platform Based worker registered with the Board under Section 10. |
| Bihar Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2025 | Bihar | Yet to be notified | Human, Labour and Employment Laws |
The Act applies provides detailed provisions in respect of shops and establishments in the state of Bihar. |
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