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 […]
Read More →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, […]
Read More →Introduction On 11th March 2024, Monday, the Karnataka government banned the use of Rhodamine-B, a food colouring additive found in popular foods such as Gobi Manchurian and cotton candy. Rhodamine-B is a chemical colouring agent that is said to be used in the dyeing of clothing, paper, leather, printing, and plastics. It is […]
Read More →The Department of Pharmaceuticals issued the Uniform Code for Pharmaceutical Marketing Practices (UCPMP) 2024 on March 13, 2024, with the objective to enhance ethical conduct and bring more transparency to the marketing practices of pharmaceutical companies. Key Features of the Code Attributes Brief Description Restrictions on Marketing and Promotion of Drugs Drug advertising must […]
Read More →Reserve Bank of India has issued Master Direction – Reserve Bank of India (Filing of Supervisory Returns) Directions – 2024 on February 27, 2024, which has repealed Master Direction- Non-Banking Financial Company Returns (Reserve Bank) Directions, 2016. These Directions shall apply to the following entities collectively known as Supervised Entities (SEs): (i) All Commercial Banks […]
Read More →Karnataka in 2022 notified THE KANNADA LANGUAGE COMPREHENSIVE DEVELOPMENT ACT, 2022 which states the importance of Kannada as language in Karnataka as official language. Importance is been given to Kannada as a mother language and steps are being taken to ensure the extensive use and propagation of Kannada Language and to co-ordinate the activities relating […]
Read More →Central Consumer authority have issued draft guidelines for regulation advertisement by coaching institutes in Feb 2024 for inputs from public. These guidelines will be in addition those provided in ASCI for education institutes or any other law in force. Click here for copy of draft guidelines. These guidelines will be applicable on all types […]
Read More →1. Key Definitions a. Labelling: has been defined as any written, printed or graphic matter that is displayed on or near the label of the food. As per the provisions of Food Safety and Standards Act, 2006 and Food Safety and Standards (Labelling and Display) Regulations, 2020, the food business operators are required to label […]
Read More →Background As per Section 4A (1) of the Payment of Gratuity Act, 1972 (Act), every employer shall obtain insurance for LIC or any other insurer for the payment of gratuity to employees. However Central government has not notified any date for implementation of the said Section. Government of Karnataka by virtue of […]
Read More →Introduction After a long wait, Corporate Transparency Act has finally came into force w.e.f. 1st Jan, 2024. This is a law to ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting […]
Read More →
