In the meeting of Union Cabinet dated 02nd June.2021, The Model Tenancy Act, 2021 (MTA) got approved under which separate Rent Authorities, Courts and Tribunals would be set up in districts to protect the interest of both the owner and the tenant; enabling to streamline the process of renting property in India and aid the […]
Read More →Government of India is working on overhauling of the existing labour laws to bring them in sync with the current era of business landscape. Labour laws not only impact workers but also Industries at large. All the four labour codes have been finalised by GoI to replace the existing labour laws and all that is […]
Read More →In a recent policy change, Haryana labor department vides its Office Order 245 has hiked the cess that is collected on construction of residential, commercial, industrial and institutional etc. buildings across the state to the double of the previous rate. The state government intends to use the collected cess money to provide various benefits to […]
Read More →The Karnataka Government through circular dated 31st May 2021 has issued Removal of Difficulties Order, 2021 under the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976. Whereas, Sub-section (2) of section 10 specifies that the enrolled persons shall make the payment of tax due for each year as under: In respect of a […]
Read More →The Punjab Pollution Control Board (PPCB) on August 07, 2020 had announced Voluntary Disclosure Scheme (VDS) for all the industries, institutes and other establishments to ensure the compliance of Environmental Laws. The board has extended the date for filing the online applications under the Voluntary Disclosure Scheme from 31 March 2021 to 30 June 2021 […]
Read More →E-Form ADT-1 is required to be filed pursuant to Section 139 and 140 of the Companies Act, 2013 (‘CA, 2013’) and pursuant to Rule 4(2) of the Companies (Audit and Auditors) Rules, 2014. It is notable that the first Auditor shall be appointed in the company by Board of Director under Section 139(6) or 139(7) […]
Read More →The Labour and Employment Department, Himachal Pradesh vide Notification No. Shram(A)4-3/2017 dated 06th May 2021 has exempted all factories registered under The Factories Act, 1948 in the state from the provision of:- Section 51 : Weekly Hour Section 54 : Daily Hour Section 55 : Interval of Rest Section 56 : Spread Hours With the […]
Read More →With the objective of promoting ease of doing business in India, the Reserve Bank of India (“RBI”) has simplified and liberalised the erstwhile framework on external commercial borrowings/foreign currency denominated loans and the rupee denominated loans by notifying the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 (“ECB Regulations”) issued vide Notification No. FEMA 3 […]
Read More →Pollution is one of the global environmental issues which poses a threat to all the countries in the world including India. As per the survey done by IQ Air in 2020,India was the 3rd most polluted country in the world.In India there are various environmental laws enacted with the intention of controlling pollution. The word […]
Read More →As per the recent notification with respect to section 142 of the Social Security Code dated 30th April, 2021 issued by the Ministry of Labour and Employment covers applicability of Aadhaar and shall be enforceable effective from 03rd May, 2021. The notification S.O. 1730 (E) reads: “In exercise of the powers conferred by sub-section (3) […]
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