The Department of Economic Affairs, Ministry of Finance introduced "the Scheme for Financial Support to PPPs in Infrastructure" (Viability Gap Funding Scheme) in 2006 with an objective of supporting infrastructure projects undertaken through Public Private Partnerships (PPPs) mode that are
1. The National Payment Corporation of India (“NPCI”), had issued a circular, dated November 24, 2020, for enhancing complaint handling and resolution process for UPI transactions. Prior to this RBI had already introduced the concept of Online Dispute Resolution (“ODR”)
On 26th November 2020, The Ministry of Road Transport and Highways has notified the Motor Vehicle Aggregator Guidelines, 2020 (“Guidelines”) as per the provisions of the Motor Vehicles (Amendment) Act, 2019. Highlights of the Guidelines are as follows– Aggregator has
The Food Safety and Standards Authority of India (“FSSAI”) has developed framework of national Food Safety Emergency Response (“FSER”) which outlines the multi sectorial collaboration, their roles, responsibilities and management actions during food safety emergency situation as envisaged under the
The Government of India in the Ministry of Commerce and Industry (Department for Promotion of Industry and Internal Trade) has vide notification dated 4 November 2020 notified the Patents (2nd Amendment) Rules, 2020 (“Rules”). The highlights of the new rules
1. Introduction The Insurance Regulatory and Development Authority of India (“IRDAI”), via notification dated November 23, 2020, had released the IRDAI (Minimum Information Required for Investigation and Inspection) Regulations, 2020 (“Regulations”). As per the notification, the Regulations shall come into
This notification has been released by Press Information Bureau (PIB) on behalf of Ministry of Finance on 13 October, 2020. This press release is based on a report published by Economic Times Market related to the LTC voucher scheme for
In exercise of the powers conferred by section 79A of the information Technology Act, 2000 (21 of 2000) the Central Government hereby notifies Cyber Forensic Laboratory, Indian Computer Emergency Response Team (CERT-In), Electronics Niketan, 6 CGO Complex, Lodhi Road, New
The Ministry of Corporate Affairs (MCA) has integrated with Profession Tax (PT) in Karnataka as part of Government of India’s Ease of Doing Business (EODB) initiatives. The SPICe+ applications approved for the State of Karnataka shall mandatorily provide Profession Tax
The Securities and Exchange Board of India (SEBI) on October 08, 2020 has issued the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2020 to further amend the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993.
Securities and Exchange Board of India (SEBI) on October 08, 2020 has issued the Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2020. These regulations have brought in few key amendments in the Securities
The last day for mandatory auditing of food businesses holding central license, and falling under high-risk category has been extended up to 31 December 2020. This decision is taken in the light of the current situation because of the COVID-19
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