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  • REGULATORY UPDATE: MINISTRY OF WOMEN AND CHILD DEVELOPMENT-INTRODUCTION OF SHE BOX.

    REGULATORY UPDATE: MINISTRY OF WOMEN AND CHILD DEVELOPMENT-INTRODUCTION OF SHE BOX.

    The Ministry of Women and Child Development vide a press release dated 7th November, 2017 launched “She Box 1”. Highlights: This is an online complaint management system for women working both in public and private sectors for reporting of sexual

  • AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970

    AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970. The Ministry of Labour and Employment vide notification dated 29th September, 2017 has proposed to amend the Contract Labour (Regulation and Abolition) Act, 1970 by

  • REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF WAGES OF CONTRACTUAL WORKERS IN BANK ACCOUNTS

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF WAGES OF CONTRACTUAL WORKERS IN BANK ACCOUNTS

    The Ministry of Labor and Employment vide notification dated 5th September, 2017 amended Rule 69 of the Contract Labor (Regulation and Abolition) Central Rules, 1971. Highlights: Wages to workmen can also be made via payment in their bank accounts, in

  • REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-RATIONALIZATION – EASING FILINGS FOR EMPLOYERS.

    REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-RATIONALIZATION – EASING FILINGS FOR EMPLOYERS.

    The Ministry of Labor and Employment vide a notification dated 27th October, 2017 made certain amendments to the Rationalization of Forms and Reports under Certain Labor Laws Rules, 2017. Highlights: The employer (required to file Form XIV under various Acts

  • REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-AMENDMENT TO MATERNITY BENEFIT ACT, 1961.

    REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-AMENDMENT TO MATERNITY BENEFIT ACT, 1961.

    The Ministry of Labour and Employment vide its order dated 17th November, 2017 amended the Maternity Benefit Act, 1961. Highlights: It is mandatory for an establishment to provide for crèche facilities where more than 50 or more employees are being

  • REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    The Ministry of Labour and Employment vide its notification dated 18th December proposes to amend certain provisions of the Payment Gratuity Act, 1972. The bill has been introduced in the Lok Sabha. Highlights: Removal of the maximum amount of gratuity

  • REGULATORY UPDATE: MINISTRY OF COMMUNICATION-TELECOM INTERCONNECTIONS REGULATIONS, 2018.

    REGULATORY UPDATE: MINISTRY OF COMMUNICATION-TELECOM INTERCONNECTIONS REGULATIONS, 2018.

    The Telecom Regulatory Authority of India vide its order dated 1st January, 2018 issued regulations pertaining to various aspects of interconnection such as interconnection agreement, framework for initial provisioning of ports, augmentation of Points of Interconnection (POIs), interconnection charges, and

  • REGULATORY UPDATE: MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION-LEGAL METROLOGY (PACKAGED COMMODITIES) AMENDMENTS RULES, 2017.

    REGULATORY UPDATE: MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION-LEGAL METROLOGY (PACKAGED COMMODITIES) AMENDMENTS RULES, 2017.

    The Ministry of Consumer Affairs, Food and Public Distribution vide its order dated 23rd June, 2017 brought in amendments to the Legal Metrology (Packaged Commodities) Rules, 2011 in the backdrop of e-marketplaces causing new and complex consumer protection issues regarding

  • REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (GRIEVANCE AND COMPLAINT HANDLING PROCEDURE) REGULATIONS, 2017.

    REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (GRIEVANCE AND COMPLAINT HANDLING PROCEDURE) REGULATIONS, 2017.

    The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 on 7 December 2017. The Regulation enable the stakeholders i.e., debtor, creditor, claimant, service provider, resolution applicant or any other person

  • REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-INSOLVENCY PROFESSIONAL TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE APPLICABLE LAWS.

    REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-INSOLVENCY PROFESSIONAL TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE APPLICABLE LAWS.

    The IBBI vide its circular dated 3 January 2018 has directed Insolvency Professional that while acting as an Interim Resolution Professional, a Resolution Professional, or a Liquidator for a corporate person under the Code, an insolvency professional shall exercise reasonable

  • REGULATORY UPDATE: MINISTRY OF CORPORATE AFFAIRS-INSOLVENCY PROFESSIONAL NOT TO OUTSOURCE HIS RESPONSIBILITIES.

    REGULATORY UPDATE: MINISTRY OF CORPORATE AFFAIRS-INSOLVENCY PROFESSIONAL NOT TO OUTSOURCE HIS RESPONSIBILITIES.

    The Insolvency and Bankruptcy Board of India (IBBI) vide its circular dated 3 January 2018 has directed that the Insolvency Professional shall not outsource any of his duties and responsibilities to a third party and shall not require any certificate

  • REGULATORY UPDATE: MINISTRY OF FINANCE-CLARIFICATION ON INDIRECT TRANSFER PROVISIONS IN CASE OF REDEMPTION OF SHARE OR INTEREST OUTSIDE INDIA UNDER THE INCOME-TAX ACT, 1961.

    REGULATORY UPDATE: MINISTRY OF FINANCE-CLARIFICATION ON INDIRECT TRANSFER PROVISIONS IN CASE OF REDEMPTION OF SHARE OR INTEREST OUTSIDE INDIA UNDER THE INCOME-TAX ACT, 1961.

    Under the provisions contained in section 9(1)(i) of the Income-tax Act, 1961 ('Act'), all income accruing or arising, whether directly or indirectly, through or from any business connection in India, or through or from any property in India, or through

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