875 Legal Updates in Industry Specific

Foreign Contribution (Regulation) (Second Amendment) Rules, 2019

Sep 17, 2019

The Ministry of Home Affairs on September 16, 2019, has published the Foreign Contribution (Regulation) (Second Amendment) Rules, 2019 to further amend the Foreign Contribution (Regulation) Rules, 2011. The following amendments in the Foreign Contribution (Regulation) Rules, 2011 are as under: Ø  Under Rule 6A which specifies the crit

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Bharat Bill Payment System

Sep 17, 2019

The Reserve Bank of India (RBI) on September 16, 2019, issues guidelines on Bharat Bill Payment System (BBPS) to implement an integrated bill payment system in the country that offers interoperable and accessible bill payment services to customers through a network of agents, enabling multiple payment modes, and providing instant confirmation of pa

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FSSAI issues direction regarding the operationalisation of FSS (Food products Standards and Food Additives) Amendment Regulations, 2019

Sep 17, 2019

The Food Safety and Standards Authority of India (FSSAI) on September 04, 2019, issues direction regarding the operationalisation of Food Safety and Standards (Food products Standards and Food Additives) Amendment Regulations, 2019. FSSAI had framed a Draft FSS (Food products Standards and Food Additives) Amendment Regulations, 2019 related to revi

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SEBI introduces additional commodities as eligible liquid assets for commodity derivatives segment

Sep 16, 2019

The Securities and Exchange Board of India (SEBI) on September 13, 2019, have decided to include diamond, base metals and alloys in the list of permissible liquid assets, subject to concentration limits for non-bullion collateral as specified vide SEBI Circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/112 dated October 14, 2016 where the concentration limit f

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Draft guidelines for on top licensing of small finance banks

Sep 16, 2019

The Reserve Bank of India (RBI) on September 13, 2019, issues draft guidelines for ‘on top’ licensing of small finance banks in the private sector banks. The main objectives of setting up of small finance banks will be for furthering financial inclusion by including provisions of savings vehicles primarily to unserved and underserved se

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Government of Andhra Pradesh amends Andhra Pradesh Excise (Grant of Licence of Selling by Shop and Conditions of Licence) Rules, 2019

Sep 16, 2019

The State Government of Andhra Pradesh on September 13, 2019, has made amendment in Rule 19 of the Andhra Pradesh amends the Andhra Pradesh Excise (Grant of Licence of Selling by Shop And Conditions of Licence) Rules, 2019. Rule 19 has been substituted, namely: Rule 19: Employment of servants: (1)The following shall be the age, educational quali

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FSSAI invites request of proposal for conduct of food safety audit of licensed slaughterhouses

Sep 16, 2019

The Food Safety and Standards Authority of India (FSSAI) on September 12, 2019, invite Request of Proposal (RFP) for conduct of food safety audit of Sate and Central licensed slaughterhouses all over India. There are around 400 slaughter houses divided into three zones (Annexure A) all over India are to be audited. General conditions of audit: 1.

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Scheme for providing assistance to sugar mills for expenses on marketing costs including handling and upgrading

Sep 13, 2019

The Ministry of Consumer Affairs, Food and Public Distribution on September 12, 2019, notifies the scheme for providing assistance to sugar mills for expenses on marketing costs including handling, upgrading and other processing costs and costs of international and internal transport and freight charges on export of sugar to facilitate export of su

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CBIC modifies Tariff Value for Edible Oil, Brass Scrap, Poppy Seeds, Areca Nut and Silver as on September 13, 2019

Sep 13, 2019

The Central Board of Indirect Taxes and Customs (CBIC) on September 13, 2019, has amended the tariff Notification in respect of fixation of tariff value of the following goods: Ø  Crude Palm Oil Ø  RBD Palm Oil Ø  Others - Palm Oil Ø  Crude Palmolein Ø  RBD Palmolein Ø  C

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