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Daily Updates January-2022

Home / Daily Updates January-2022

BIS notifies amendment to Indian Standards IS 919 : 2014 ; IS 17269 : 2021

Brief DetailsThe Bureau of Indian Standards, in pursuance of Sub-rule (1) of Rule (15) of the Bureau of Indian Standards Rules, 2018, hereby notifies amendments to Indian standards IS 919 : 2014 ; IS 17269 : 2021.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232924.pdf

 

BIS notifies amendment to Indian Standards IS 13779 : 2020 ; IS 12640 : 2016

Brief DetailsThe Bureau of Indian Standards, in pursuance of sub-rule (1) of Rule 15 of the Bureau of Indian Standards Rules, 2018, hereby notifies amendment in IS 13779 : 2020 substitute  13th Dec 2022 for 13th Jan 2021 and in IS 12640 : 2016 substitute 30th June 2022 for 19th Aug 2017.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232925.pdf

 

 ESIC notifies extension of medical benefits to the family members of Insured Persons in the State of Assam

Brief DetailsThe Employees’ State Insurance Corporation, in pursuance of powers conferred by Section 46 (2) of the Employees’ State Insurance Act, 1948, read with Regulation 95-A of the Employees’ State Insurance (General) Regulations, 1950, the Director General has fixed the 01/01/2022 as the date from, which the medical benefit as laid down in the said Regulation 95-A and the Assam Employees’ State Insurance (Medical Benefit) Rules, 1958 shall be extended to the families of insured persons in the entire area of Barpeta, Bangaigaon, Bishwanath, Cachar, Chirang, Darrang, Dhemaji, Dhubri, Golaghat, Goalpara, Karbi Anglong, Karimganj, Lakhimpur, Majuli, Nalbari, Marigaon, Nagaon, Sibsagar, South Salmara Mankachar, Udalguri, West Karbi Anglong districts in the State of Assam, in addition to the already implemented area in the district.
Change TypeNotification
StateAssam
Effective Date21-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232934.pdf

 

SEBI issues Circular for Introduction of Special Situation Funds as a sub-category under Category I AIFs

Brief DetailsThe Securities and Exchange Board of India, has amended SEBI (Alternative Investment Funds) Regulations, 2012 and notified on 24th Jan 2022 to introduce Special Situation Funds (SSF), a sub-category under Category I AIF, which shall invest in ‘Special situation assets’.
Change TypeCircular
StateCentral
Effective Date27-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/introduction-of-special-situation-funds-as-a-sub-category-under-category-i-aifs_55625.html

 

CKYCRR notifies Cyber Security Advisory – Precautionary Measures

Brief DetailsThe Central KYC Records Registry notifies Cyber Security Advisory – Precautionary Measures. CKYCRR advises protection measures against cyber- attacks which increases due to increased dependency on digital communications due to COVID-19 pandemic.
Change TypeNotification
StateCentral
Effective Date27-January-2022
Sourcehttps://www.ckycindia.in/ckyc/assets/doc/Advisory%202022-03%20-%20Cybersecurity%20protection%20measures.pdf

 

DOT notifies amendment in PMRTS License Agreement

Brief DetailsThe Department of Telecommunications notifies amendment in PMRTS License Agreement for change in time period of storage of Call Detail Record(CDR), Exchange Detail Record (EDR), IP Detail Record (IPDR). The amendment is made in Part VI- Security Conditions.
Change TypeNotification
StateCentral
Effective Date27-January-2022
Sourcehttps://dot.gov.in/sites/default/files/Amendt%20in%20PMRTS%20dated%2027-01-2022.pdf?download=1

 

BIS notifies amendment in Indian Standards IS 3028 : 1998; IS 13450 : 2018 ; IS 15605 : 2005 ; IS 16075 : 2013 ;   IS 16623 : 2017 ; IS 17450 : 2020

Brief DetailsThe Bureau of Indian Standards, in pursuance of Sub-rule (1) of Rule (15) of the Bureau of Indian Standards Rules, 2018, hereby notifies  amendments to Indian Standards IS 3028 : 1998; IS 13450 : 2018 ; IS 15605 : 2005 ; IS 16075 : 2013 ;   IS 16623 : 2017 ; IS 17450 : 2020.
Change TypeNotification
StateCentral
Effective Date17-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232892.pdf

 

BIS notifies amendment in Indian Standards IS 2796 : 2017

Brief DetailsThe Bureau of Indian Standards, in pursuance of Sub-rule (1) of Rule (15) of the Bureau of Indian Standards Rules, 2018, hereby notifies that amendments to Indian Standards IS 2796 : 2017.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232897.pdf

 

FSSAI notifies Food Safety and Standards (Packaging) First Amendment Regulations, 2022

Brief DetailsThe Food Safety and Standards Authority of India, in exercise of the powers conferred by clause (k) of sub-section (2) of section 92 read with section 23 of the Food Safety and Standards Act, 2006, hereby makes the regulations to amend the Food Safety and Standards (Packaging) Regulations, 2018.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232903.pdf

 

SEBI notifies Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred under Section 30 of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232910.pdf

 

CBDT notifies amendment in the notification of the Government of India

Brief DetailsThe Central Board of Direct Taxes, in exercise of powers conferred by sub-clause (vi) of clause (b) of the Explanation to clause (23FE) of section 10 of the Income-tax Act, 1961, hereby makes amendment in the notification of the Government of India. The amendment includes substitution for clauses (vii), (viii), (ix), (x), (xi) and (xii) and Annexure.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232911.pdf

 

SEBI notifies Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232913.pdf

 

SEBI issues Circular for Issuance of Securities in dematerialized form in case of Investor Service Requests

Brief DetailsThe Securities and Exchange Board of India, issues Circular for Issuance of Securities in dematerialized form in case of Investor Service. This indicates that listed companies shall henceforth  issue  the securities  in  dematerialized  form  only.
Change TypeCircular
StateCentral
Effective Date25-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/issuance-of-securities-in-dematerialized-form-in-case-of-investor-service-requests_55542.html

 

NSE issues Circular for Segregation and monitoring of collateral at client level- Levy and Collection of Penalty

Brief DetailsThe National Stock Exchange of India Limited, issues Circular for Segregation and Monitoring of Collateral at Client Level with regard to levy and collection of penalty. It is to be noted that the segment wise penalties displayed on the member portal are excluding GST. GST shall be computed at applicable rates presently 18%.
Change TypeCircular
StateCentral
Effective Date25-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/CMPL51134.pdf

 

DOT notifies Amendment in License Agreement for provision of VSAT service using INSAT system for change in time period of storage of Call Detail Record

Brief DetailsThe Department of Telecommunication notifies amendment in License Agreement for provision of VSAT service using INSAT system for change in time period of storage of Call Detail Record. The amendment is made in Clause 23 under Security Condition.
Change TypeNotification
StateCentral
Effective Date24-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-9.pdf

 

DOT notifies Illegal facilitation/ sale of wireless jammers on online platforms

Brief DetailsThe Department of Telecommunication notifies Illegal facilitation/ sale of wireless jammers on online platforms. It is to be noted that all e-commerce portals and offline dealers are hereby advised against sale & purchase of any kind of wireless devices/ equipment without ensuring proper compliance to provisions of ITA, 1885 & IWTA, 1933; failing which legal action under these acts, Information Technology Act, 2000 & any other security guidelines/ provisions, shall be initiated.
Change TypeNotification
StateCentral
Effective Date21-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-10.pdf

 

SEBI notifies Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred by section 11, sub-section (2) of section 11A and section 30 of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Change TypeNotification
StateCentral
Effective Date24-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232842.pdf

 

SEBI notifies Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred by sub-section (1) of Section 30 read with sub-section (1) of Section 11, clause (ba) and clause (c) of sub-section (2) of Section 11 and sub-section (1) and (1B) of Section 12 of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012.
Change TypeNotification
StateCentral
Effective Date24-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232844.pdf

 

SEBI notifies Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred by section 30 read with section 11 of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.
Change TypeNotification
StateCentral
Effective Date24-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232846.pdf

 

NSE issues Circular for Penalty Structure related to Internal Audit of Trading Members

Brief DetailsThe National Stock Exchange of India Limited, issues Circular for Penalty Structure related to Internal Audit of Trading Members. It is to be noted that the revised penalty structure for non-compliances observed in the internal audit reports shall be applicable in respect of the submissions made to the Exchange for the half-year ended March 31, 2022 and onwards.
Change TypeCircular
StateCentral
Effective Date24-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/INSP51110.pdf

 

TRAI notifies all DPOs to ensure compliance with the provisions of the Telecommunication (B&CS) Interconnection (Addressable Systems) Regulations, 2017

Brief DetailsThe Telecom Regulatory Authority of India, all Distribution Platform Operators (DPOs) under section 13, read with clause (b) of sub-section (1) of section 11, of the Telecom Regulatory Authority of India Act, 1997, to ensure compliance with the provisions of the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) Regulations, 2017 regarding listing of channels in electronic programme guide.
Change TypeNotification
StateCentral
Effective Date24-January-2022
Sourcehttps://www.trai.gov.in/sites/default/files/Direction_24012022.pdf

 

Ministry of Health and Family Welfare notifies The Assisted Reproductive Technology Regulation Act 2021

Brief DetailsThe Ministry of Health and Family Welfare, in exercise of the powers conferred by sub-section (2) of section 1 of The Assisted Reproductive Technology (Regulation) Act , 2021, hereby appoints the 25th day of January, 2022 as the date on which the provisions of the said Act shall come into force.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232818.pdf

 

Ministry of Health and Family Welfare notifies The Surrogacy Regulation Act 2021

Brief DetailsThe Ministry of Health and Family Welfare, in exercise of the powers conferred by sub-section (2) of section 1 of The Surrogacy (Regulation) Act , 2021, hereby appoints the 25th day of January, 2022 as the date on which the provisions of the said Act shall come into force.
Change TypeNotification
StateCentral
Effective Date25-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232820.pdf

 

Ministry of Health and Family Welfare notifies New Drugs and Clinical Trials (Amendment) Rules, 2022

Brief DetailsThe Ministry of Health and Family Welfare, in exercise of the powers conferred by sub-section (1) of section 12 and sub-section (1) of section 33 of the Drugs and Cosmetics Act, 1940, hereby makes the rules further to amend the New Drugs and Clinical Trials Rules, 2019.
Change TypeNotification
StateCentral
Effective Date21-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232821.pdf

 

NSDL issues Circular for Extension of time for submission of networth certificate and/or audited financial statements

Brief DetailsThe National Securities Depository Limited issues Circular for Extension of time for submission of networth certificate and/or audited financial statements. It is to be noted that last date for submission is extended from 15th  January 2022 to 15th February 2022.
Change TypeCircular
StateCentral
Effective Date21-January-2022
Sourcehttps://bit.ly/3rQuHuG

 

FSSAI notifies Food Safety and Standards (Packaging) Amendment Regulations, 2022

Brief DetailsThe Food Safety and Standards Authority of India notifies Authorization mechanism for recycled plastics manufacturers as per the Draft Food Safety and Standards (Packaging) Amendment Regulations, 2022 permitting the use of recycled plastics as food contact materials.
Change TypeNotification
StateCentral
Effective Date22-January-2022
Sourcehttps://www.fssai.gov.in/upload/advisories/2022/01/61eb9b40949b5Mechanism_Recycled_Plastics_22_01_2022.pdf

 

Ministry of Communications notifies amendment in MNP License Agreement for change in FDI in Telecom sector.

Brief DetailsThe Ministry of Communications notifies amendment in MNP License Agreement for change in FDI in Telecom sector. The amendment includes changes under Part II, Commercial Conditions.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://dot.gov.in/sites/default/files/MNP%20change%20in%20FDI%2019012022.pdf?download=1

 

Government of Karnataka notifies  Covid additional containment measures upto 31st Jan 2022.

Brief DetailsThe Government of Karnataka, in exercise of the powers conferred under the Section 24 (l) of the Disaster Management Act, 2005, hereby issues Covid additional containment measures upto 31st Jan 2022. These measures include relaxation of weekend curfew.
Change TypeNotification
StateKarnataka
Effective Date21-January-2022
Sourcehttps://ksdma.karnataka.gov.in/storage/pdf-files/Restriction%20order21-1.pdf

 

FSSAI notifies  Food Safety and Standards (Food Products Standards and Food Additives) Sixth Amendment Regulations, 2021

Brief DetailsThe Food Safety and Standards Authority of India, notifies Food Safety and Standards (Food Products Standards and Food Additives) Sixth Amendment Regulations, 2021. The amendment includes changes in lines 22, 23 and 24 of Page 7 and in line 9 of Page 9.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232773.pdf

 

Ministry of Health and Family Welfare notifies Drugs (2nd Amendment) Rules, 2022

Brief DetailsThe Ministry of Health and Family Welfare, in exercise of the powers conferred by sections 12 and 33 of the Drugs and Cosmetics Act, 1940, hereby makes the following rules further to amend the Drugs Rules, 1945.
Change TypeNotification
StateCentral
Effective Date20-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232790.pdf

 

BIS notifies amendment in Indian Standards IS 1856 : 2021 ; IS 9282 : 2021 ; IS 10086 : 2021; IS 12586 : 2021

Brief DetailsBureau of Indian Standards,  in pursuance of Sub-rule (1) of Rule (15) of the Bureau of Indian Standards Rules, 2018, hereby notifies amendment in Indian standards IS 1856 : 2021 ; IS 9282 : 2021 ; IS 10086 : 2021; IS 12586 : 2021.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232783.pdf

 

CKYCRR notifies exemption of upload of KYC records of Self-Help Groups (SHGs) and Joint Liability Groups (JLGs) to CKYCRR

Brief DetailsThe Central KYC Records Registry notifies exemption of upload of KYC records of Self-Help Groups (SHGs) and Joint Liability Groups (JLGs) to CKYCRR. This indicates that all entities registered with CERSAI (CKYCRR) are hereby intimated that Government of India has exempted reporting entities registered with Centralized KYC Records Registry (CKYCRR) from uploading Self Help Groups (SHGs) and Joint Liability Groups (JLGs) related KYC records to CKYC Records Registry.
Change TypeNotification
StateCentral
Effective Date20-January-2022
Sourcehttps://www.ckycindia.in/ckyc/assets/doc/Communique_Upload%20of%20KYC%20Records%20of%20SHGs%20and%20JLGs%20to%20CKYCRR%20.pdf

 

CBDT notifies e-advance rulings Scheme, 2022

Brief DetailsThe Central Board of Direct taxes, in exercise of the powers conferred by sub-sections (9) and (10) of section 245R and subsections (2) and (3) of section 245W of the Income-tax Act, 1961, hereby notifies e-advance rulings Scheme, 2022.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232727.pdf

 

Ministry of Micro, Small And Medium Enterprises notifies amendment in the notification of the Government of India

Brief Details

 

The Ministry of Micro, Small And Medium Enterprises notifies amendment in the notification of the Government of India in exercise of the powers conferred by sub-sections (1) and (9) of section 7 read with subsections (2) and (3) of section 8 of the Micro, Small and Medium Enterprises Development Act, 2006, hereby notifies amendment in paragraph (7), in sub-paragraph (3).The amendment includes substitution for the figures and words, “31st day of March, 2021” with the figures and words, “ 31st day of March, 2022”.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232763.pdf

 

Ministry of Micro, Small And Medium Enterprises notifies Micro, Small and Medium Enterprises (Amendment) Rules, 2022

Brief DetailsThe Ministry of Micro, Small And Medium Enterprises, in exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 29 of the Micro, Small and Medium Enterprises Development Act, 2006, hereby makes the rules to amend the Micro, Small and Medium Enterprises Fund Rules, 2016.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232764.pdf

 

Government of The National Capital Territory of Delhi notifies Delhi Goods and Services Tax (Eighth Amendment) Rules, 2021

Brief DetailsThe Government of the National Capital Territory of Delhi, in exercise of the powers conferred by section 164 of the Delhi Goods and Services Tax Act, 2017, hereby makes the rules further to amend the Delhi Goods and Services Tax Rules, 2017.
Change TypeNotification
StateCentral
Effective Date17-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232766.pdf

 

Department of Health and Family Welfare notifies Drugs (Amendment) Rules, 2022

Brief DetailsThe Department of Health and Family Welfare, in exercise of the powers conferred under sections 12 and 33 of the Drugs and Cosmetics Act, 1940, hereby makes the rules further to amend the Drugs Rules, 1945.
Change TypeNotification
StateCentral
Effective Date01-January-2023
Sourcehttps://egazette.nic.in/WriteReadData/2022/232768.pdf

 

Department of Health and Family Welfare notifies Medical Devices (Amendment) Rules, 2022

Brief DetailsThe Department of Health and Family Welfare, in exercise of the powers conferred by sections 12 and 33 of the Drugs and Cosmetics Act, 1940, hereby makes the rules further to amend the Medical Devices Rules, 2017.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232729.pdf

 

Department of Health and Family Welfare notifies New Drugs and Clinical Trials (2nd Amendment) Rules, 2022

Brief DetailsThe Department of Health and Family Welfare,  in exercise of the powers conferred by section 12 and section 33 of the Drugs and Cosmetics Act, 1940, hereby makes the rules further to amend the New Drugs and Clinical Trials Rules, 2019.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232732.pdf

 

CBDT issues Circular for Guidelines under clause (10D) section 10 of the Income-tax Act, 1961

Brief DetailsThe Central Board of Direct Taxes, issues circular for Guidelines under clause (10D) section 10 of the Income-tax Act, 1961. The guidelines includes insertion of provisos from fourth to seventh in the said Act.
Change TypeCircular
StateCentral
Effective Date19-January-2022
Sourcehttps://incometaxindia.gov.in/news/circular-2-2022.pdf

 

FSSAI notifies Food Safety and Standards (Packaging) Amendment Regulations, 2022

Brief DetailsThe Food Safety and Standards Authority of India notifies operationalization of Draft Food Safety and Standards (Packaging) Amendment Regulations, 2022 regarding use of recycled plastics based on the Plastic Waste Management (Amendment) Rules, 2021.
Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://www.fssai.gov.in/upload/advisories/2022/01/61e7acd01a850Direction_Recycled_Plastics_19_01_2022.pdf

 

Government of Karnataka notifies strict enforcement of the containment measures

Brief DetailsThe Government of Karnataka, in exercise of the powers conferred under the Section 24 (e) and (l) of the Disaster Management Act, 2005, hereby notifies to strictly implement the containment measures and also enforce COVID 19 appropriate behaviour to contain the spread of COVID 19 in the State.
Change TypeNotification
StateKarnataka
Effective Date18-January-2022
Sourcehttps://ksdma.karnataka.gov.in/storage/pdf-files/Enforcement%20of%20containment%20Measures%20.pdf

 

CKYCRR notifies Exemption from PML Rules for FPI related upload to CKYCRR

Brief DetailsThe Central KYC Records Registry notifies exemption from Prevention of Money Laundering  Rules for FPI related upload to CKYCRR. This indicates that the provisions of sub-rule (1A) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 shall not apply to the Foreign Portfolio Investor.
Change TypeNotification
StateCentral
Effective Date19-January-2022
Sourcehttps://www.ckycindia.in/ckyc/assets/doc/Communique%202022-01%20-%20Exemption%20from%20PML%20rules%20for%20FPI%20accounts.pdf

 

Ministry of Home Affairs makes Orders for  the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of Central Law, State Laws and Presidential Regulations) Order, 2022

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of Central Law, State Laws and Presidential Regulations) Order, 2022.

 

Change TypeOrder
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232711.pdf

 

Ministry of Home Affairs makes Orders for  the Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Law and Presidential Regulations) Sixth Order, 2022  

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Law and Presidential Regulations) Sixth Order, 2022.
Change TypeOrder
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232712.pdf

 

Ministry of Home Affairs makes Orders for  the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Laws and Presidential Regulations) Fifth Order, 2022

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Laws and Presidential Regulations) Fifth Order,2022.
Change TypeOrder
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232713.pdf

 

CBDT notifies Securities Transaction Tax (1st Amendment), Rules, 2022

Brief DetailsThe Central Board of Direct Taxes, in exercise of the powers conferred section 114 of the Finance (No. 2) Act, 2004, hereby makes the rules to amend the Securities Transaction Tax Rules, 2004.
Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232716.pdf

 

CBDT notifies Income tax (2nd Amendment), Rules, 2022

Brief DetailsThe Central Board of Direct Taxes, in exercise of the powers conferred by sub-section (1B) of section 45, read with section 295 of the Income-tax Act, 1961, hereby makes the rules further to amend the Income-tax Rules,1962.
Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232717.pdf

 

Ministry of Home Affairs makes Orders for the Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Law) Third Order, 2022

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Law) Third Order,2022.

 

Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232723.pdf

 

Ministry of Home Affairs makes Orders for the Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Laws) Second Order, 2022

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of State Laws) Second Order,2022.
Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232725.pdf

 

Ministry of Home Affairs makes Orders for the Dadra and Nagar Haveli and Daman and Diu (Adaptation of Central Laws and State Laws) Fourth Order, 2022

Brief DetailsThe Ministry of Home Affairs, in exercise of the powers conferred by section 19 of the Dadra and Nagar Haveli and Daman and Diu (Merger of Union territories) Act, 2019, hereby makes the Order in respect of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Adaptation of Central Laws) Fourth Order,2022.
Change TypeNotification
StateCentral
Effective Date18-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232726.pdf

 

NSE issues Circular for monitoring of clients’ funds lying with the stock brokers 

Brief DetailsThe National Stock Exchange of India Limited, issues circular on Enhanced Supervision for monitoring of clients’ funds lying with the stock brokers.
Change TypeCircular
StateCentral
Effective Date18-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/INSP51056.pdf

 

SEBI issues press release for Empowering Investors through Investor Charter

Brief DetailsThe Securities and Exchange Board of India, issues press release for Empowering Investors through Investor Charter.
Change TypePress Release
StateCentral
Effective Date17-January-2022
Sourcehttps://www.sebi.gov.in/media/press-releases/jan-2022/empowering-investors-through-investor-charters_55353.html

 

NSDL issues Circular for Amendment to Business Rules

Brief DetailsThe National Securities Depository Limited, hereby inform Participants that amendments have been made in Business Rules 23 of NSDL with respect to transfer of depository business.
Change TypeCircular
StateCentral
Effective Date17-January-2022
Sourcehttps://nsdl.co.in/downloadables/pdf/2022-010-Policy-Amendment%20to%20Business%20Rules%20of%20NSDL.pdf

 

IRDAI notifies Obligatory Cession for the financial year 2022-23

Brief DetailsThe Insurance Regulatory And Development Authority of India, in exercise of the powers conferred by sub-section (2) and (4) of the Section 101A of the Insurance Act, 1938 hereby makes the notification Obligatory Cession for the financial year 2022-23.
Change TypeNotification
StateCentral
Effective Date10-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232672.pdf

 

RBI notifies Registration of Factors (Reserve Bank) Regulations, 2022

Brief DetailsThe Reserve Bank of India, in exercise of the powers conferred by section 3 read with Section 31A of the Factoring Regulation Act, 2011, hereby makes regulations pertaining to the manner of granting Certificate of Registration to companies which propose to do factoring business.
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232690.pdf

 

RBI notifies Registration of Assignment of Receivables (Reserve Bank) Regulations, 2022

Brief DetailsThe Reserve Bank of India, in exercise of the powers conferred by section 19 (1A) read with Section 31A of the Factoring Regulation Act, 2011 hereby makes regulations pertaining to the manner of filing of particulars of transactions with the Central Registry by a Trade Receivable Discounting System (TReDS) on behalf of Factors.
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232698.pdf

 

MCXCCL issues Circular to Review of Margin Period of Risk (MPOR)

Brief DetailsThe Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) notifies for the computation of Initial margin by Margin Period of Risk(MPOR).
Change TypeCircular
StateCentral
Effective Date17-January-2022
Sourcehttps://www.mcxindia.com/docs/default-source/circulars/english/2022/january/circular-028-2022.pdf?sfvrsn=b37c3f91_0

 

IRDAI issues Circular for clarification on guidelines on Standard Professional Indemnity Policy

Brief DetailsThe Insurance Regulatory And Development Authority of India, issues circular for clarification on guidelines on Standard Professional Indemnity Policy. The amendment includes clarification that the term ‘Capital Employed’ refers to the Paid-up capital of the entity.
Change TypeCircular
StateCentral
Effective Date17-January-2022
Sourcehttps://www.irdai.gov.in/ADMINCMS/cms/whatsNew_Layout.aspx?page=PageNo4633&flag=1

 

CBDT notifies Income tax (1st Amendment), Rules, 2022

Brief DetailsThe Central Board of Direct taxes, in exercise of the powers conferred by clause (4D) of section 10 and sub-section (1B) of section 115AD, read with section 295 of the Income-tax Act, 1961, hereby makes the rules further to amend the Income-tax Rules,1962.
Change TypeNotification
StateCentral
Effective Date01-April-2022
Sourcehttps://www.incometaxindia.gov.in/communications/notification/notification-06-2022.pdf

 

NSE issues guidelines to Clearing Members for effective oversight over trading members cleared by Clearing Members

Brief DetailsThe National Stock Exchange, in continuation of NCL circular NCL/CMPL/49287 dated 13 August 2021 on Strengthening oversight on Clearing Members, hereby issues guidelines to Clearing Members for effective oversight over trading members cleared by Clearing Members.
Change TypeCircular
StateCentral
Effective Date14-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-2-5-1.pdf

 

BSE issues notice on updation of mandatory KYC fields by 31 March, 2022

Brief DetailsThe Bombay Stock Exchange, with reference to Notice No. 20211231-45 dated 31 December, 2021 hereby issues notice on updation of mandatory KYC fields by 31 March,2022.
Change TypeNotice
StateCentral
Effective Date14-January-2022
Sourcehttps://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220114-8

 

SEBI notifies Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 , hereby makes the regulations to further amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), Regulations, 2018.
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232654.pdf

 

SEBI notifies the Securities and Exchange Board of India (Settlement Proceedings) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred under section 15JB  of the Securities and Exchange Board of India Act, 1992, hereby makes the regulations to further amend the Securities and Exchange Board of India (Settlement Proceedings), Regulations, 2018.
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232643.pdf

 

SEBI notifies the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2022

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred by sub-section (1) of Section 30 read with sub section (1) of Section 11, clause (ba) of sub-section (2) of Section 11 and sub-sections (1) and (1A) of Section 12 of the Securities and Exchange Board of India Act, 1992, and under Section 25 of the    Depositories Act, 1996, hereby notifies the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2022.

 

Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232644.pdf

 

CBDT notifies amendment in the notification of the Government of India

Brief DetailsThe Central Board of Direct Taxes, notifies amendment in the notification of the Government of India. The amendment includes changes in paragraph 3: – For “Assessment” read “Financial” .
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232645.pdf

 

DGFT issues Amendment in Para 2.54 (d)(v)(iv) of Handbook of Procedures, 2015-2020

Brief DetailsThe Directorate General of Foreign Trade, in exercise of powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy, 2015-2020, hereby amends Para No. 2.54 (d)(v)(iv)of the Handbook of Procedures (2015-2020).
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232647.pdf

 

CBIC notifies amendment in Customs Act, 1962

Brief DetailsThe Central Board of Indirect Taxes and Customs, in exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962, hereby makes amendments in the notification of the Government of India in the Ministry of Finance.
Change TypeNotification
StateCentral
Effective Date14-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232648.pdf

 

Government of Karnataka extends due date for Labour Welfare Fund payment

Brief DetailsThe Government of Karnataka, hereby extends the due date for Karnataka Labour Welfare Fund payment from 15th January 2022 to 31st January 2022 due to increasing COVID and Omicron viruses.
Change TypePress Note
StateKarnataka
Effective Date14-January-2022
Sourcehttps://klwb.karnataka.gov.in/storage/pdf-files/english%20contribution%20extended%2031-01-2022.pdf

 

Government of Kerala issues The Kerala Minimum Wages Notification

Brief DetailsThe Government of kerala, has revised the variable dearness allowance for employment in Shops and Commercial Establishment and employment in Computer Software Sector. As per the Notification No.DES/859/2022-P3(1) , the Consumer Price Index (Cost of Living Index) Numbers applicable to employees in employment under the Minimum Wages Act for the month of November 2021 ascertained by the Director General of Economics & Statistics under clause (C) of Section 2 of the Act.
Change TypeNotification
StateKerala
Effective Date12-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-1-5.pdf

 

DGFT notifies Inclusion of Paragraph 2.79G in the Handbook of Procedures of the Foreign Trade Policy (FTP) 2015-20

Brief DetailsThe Directorate General of Foreign Trade, in exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy (FTP) 2015-20, hereby makes amendment to Handbook of Procedures (HBP) of FTP 2015-20 for inclusion of new entry at Paragraph 2.79G with immediate effect.
Change TypeNotification
StateCentral
Effective Date13-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232621.pdf

 

 MCX notifies Revision in Client Margin and Peak Margin reporting requirements                              

Brief DetailsThe Multi Commodity Exchange, in terms of provisions of the Rules, Bye-Laws and Regulations of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) and in continuation to its Circular no. MCXCCL/C&S/316/2021 dated 17th December 2021, hereby issues Circular for Revision in Client Margin and Peak Margin reporting requirements.
Change TypeCircular
StateCentral
Effective Date13-January-2022
Sourcehttps://www.mcxindia.com/docs/default-source/circulars/english/2022/january/circular—024-2022.pdf?sfvrsn=a7273e91_0

 

MCA notifies Companies (Registration Offices and Fees) Amendment Rules, 2022

Brief DetailsThe Ministry of Corporate Affairs, in exercise of the powers conferred by sections 396, 398, 399, 403 and 404 read with subsections (1) and (2) of section 469 of the Companies Act, 2013, hereby makes the rules further to amend the Companies (Registration Offices and Fees) Rules, 2014.
Change TypeNotification
StateCentral
Effective Date12-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232589.pdf

 

MCA appoints the 1st July, 2022, as the date on which the provisions of section 56 of Companies (Amendment) Act, 2020 shall come into force

Brief DetailsThe Ministry of Corporate Affairs, in exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 hereby appoints the 1st July, 2022, as the date on which the provisions of section 56 of the said Act shall come into force.
Change TypeNotification
StateCentral
Effective Date01-July-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232592.pdf

 

Government of Haryana notifies State Employment of Local Candidates Rules, 2021                         

Brief DetailsThe Government of Haryana, has introduced The Haryana State Employment of Local Candidates Rules, 2021. Therefore, rule will come into force with effect from the date of coming into force of the Haryana State Employment of Local Candidates Act, 2020 which specified the date as on 15th day January 2022.
Change TypeNotification
StateHaryana
Effective Date15-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-3-6-1.pdf

 

CBDT notifies Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22   

Brief DetailsThe Central Board of Direct Taxes, in exercise of its powers under Section 119 of the Income-tax Act,1961, hereby extends timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22.
Change TypeNotification
StateCentral
Effective Date11-January-2022
Sourcehttps://www.incometaxindia.gov.in/communications/circular/circular-no-1-2022.pdf

 

Government of Karnataka extends Covid Guidelines upto 31st January 2022 

Brief DetailsThe Government of Karnataka, in exercise of the powers conferred under the Section 24 (l) of the Disaster Management Act, 2005, hereby directs that the containment measures issued vide orders of even number dated 03-12-2021, 26-12-2021, 04-01-2022 and its connecting orders, along with additional containment measures, will remain in force upto 5 am of 31st January 2022 for strict implementation by Chief Commissioner BBMP, Police Commissioners, Deputy Commissioners, Superintendents of Police, and other Heads of Departments and Authorities.
Change TypeNotification
StateKarnataka
Effective Date11-January-2022
Sourcehttps://ksdma.karnataka.gov.in/storage/pdf-files/Addl%20Containment%20measures%2011-01-2021%20(1).pdf

 

CBDT issues Corrigendum to Faceless Appeal Scheme 2021           

Brief DetailsThe Central Board of Direct Taxes, issues Corrigendum to Faceless Appeal Scheme 2021.
Change TypeNotification
StateCentral
Effective Date07-January-2022
Sourcehttps://www.incometaxindia.gov.in/communications/notification/notification-2-2022.pdf

 

Karnataka Government notifies Guidelines of working of employees      

Brief DetailsThe Government of Karnataka, in continuation with the Government Order No. RD 158 TNR 2020, dated:04-01-2022 and in exercise of the powers conferred under Section 24 (l) of the Disaster Management Act, 2005, hereby directs Labour Department and Health Department to take following action with immediate effect.
Change TypeNotification
StateKarnataka
Effective Date05-January-2022
Sourcehttps://ksdma.karnataka.gov.in/storage/pdf-files/CAB%20and%20Vaccination%20Industries%20English%20order%20RD%20158%20TNR%202020%20(3)%20dated%2005-01-2022.pdf

 

SEBI issues Circular regarding Disclosure obligations of high value debt listed entities in relation to Related Party Transactions

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 101 of the LODR, hereby issues Circular regarding Disclosure obligations of high value debt listed entities in relation to Related Party Transactions.
Change TypeCircular
StateCentral
Effective Date07-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/disclosure-obligations-of-high-value-debt-listed-entities-in-relation-to-related-party-transactions_55225.html

 

NSE issues Circular giving Clarification to the Rule 8(1)(f) and 8(3)(f) of Securities Contracts (Regulation) Rules, 1957

Brief DetailsThe National Stock Exchange of India, hereby issues Circular giving Clarification to the Rule 8(1)(f) and 8(3)(f) of Securities Contracts (Regulation) Rules, 1957.
Change TypeNotification
StateCentral
Effective Date07-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/COMP50957.pdf

 

MCX reminds Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by members of the Exchange

Brief DetailsThe Multi Commodity Exchange, hereby reminds Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by members of the Exchange. The portal will remain open for submission till 15th January 2022.
Change TypeNotification
StateCentral
Effective Date07-January-2022
Sourcehttps://bit.ly/3naOGCL

 

UGC notifies educational institutes to consider documents as a Valid Document published in DigiLocker

Brief DetailsThe University Grants Commission (UGC), hereby issued notification regarding Acceptance of Degree, Mark-sheet and other educational documents presented through the DigiLocker platform-reg.
Change TypeNotification
StateCentral
Effective Date03-January-2022
Sourcehttps://www.ricago.com/wp-content/uploads/2022/01/Attachment-1-1.pdf

 

Government of The National Capital Territory of Delhi notifies Delhi Goods and Services Tax (Seventh Amendment) Rules, 2021

Brief DetailsThe Government of The National Capital Territory of Delhi, in exercise of the powers conferred by section 164 of the Delhi Goods and Services Tax Act, 2017, hereby makes the rules further to amend the Delhi Goods and Services Tax Rules, 2017.
Change TypeNotification
StateDelhi
Effective Date06-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232482.pdf

 

SEBI Circulates Increasing Awareness regarding Online Mechanisms for Investor Grievance Redressal

Brief DetailsThe Securities and Exchange Board of India, in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act 1992 read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, hereby advise to display the options to lodge complaints on the home page of their websites and mobile apps.
Change TypeCircular
StateCentral
Effective Date05-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/increasing-awareness-regarding-online-mechanisms-for-investor-grievance-redressal_55192.html

 

RBI issues Master Circular regarding Bank Finance to Non-Banking Financial Companies (NBFCs)

Brief DetailsThe Reserve Bank of India, hereby informs that all Non-Banking Financial Companies including Housing Finance Companies have to be mandatorily registered with the Reserve Bank of India.

 

Change TypeMaster Circular
StateCentral
Effective Date05-January-2022
Sourcehttps://rbidocs.rbi.org.in/rdocs/notification/PDFs/MC149DFE979246176478A88C8E372C8BFBA0E.PDF

 

NSE issues Changes in the reporting format of data towards ‘Client Level Cash & Cash Equivalent Balances’

Brief DetailsThe National Stock Exchange, in view of the representations received from member associations by the Exchange, date of implementation of the revised format mentioned in the earlier issued circular has been extended and accordingly, revised format shall be applicable for the week ending on 12th February 2022 and onwards, the due date of which will be 17th February 2022 and for each week thereafter.
Change TypeCircular
StateCentral
Effective Date05-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/INSP50929.pdf

 

DGFT notifies Amendment in import policy conditions of gold under Chapter 71 of Schedule – I (Import Policy) of ITC (HS), 2017

Brief DetailsThe Directorate General of Foreign Trade, in exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, hereby amends the import policy conditions for gold in any form, other than monetary gold and silver in

any form under Chapter 71 of ITC (HS), 2017, Schedule – I (Import Policy).

Change TypeNotification
StateCentral
Effective Date05-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232439.pdf

 

DGFT notifies Amendment in Para 9.08 of Handbook of Procedures – 2015-20 – Inclusion of new agencies in Standing Grievance Committee

Brief DetailsThe Directorate General of Foreign Trade, in exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy 2015-2020, hereby makes amendment in Para 9.08 of Handbook of Procedures – 2015-20.
Change TypeNotification
StateCentral
Effective Date05-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232429.pdf

 

NSE issues Circular regarding Submission of data towards monitoring of client funds under Enhanced Supervision guidelines

Brief DetailsThe National Stock Exchange, informs members to take a note on Submission of data towards monitoring of client funds under Enhanced Supervision guidelines.
Change TypeCircular
StateCentral
Effective Date04-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/INSP50901.pdf

 

NSE issues Circular regarding Relaxation in timelines for compliance with regulatory requirements due to COVID 19

Brief DetailsThe National Stock Exchange, on account of the prevailing Covid-19 situation, and in consultation with SEBI and other Stock Exchanges, decides to extend the timeline for compliance with the regulatory requirement by the Trading Members. The timeline to operate the trading terminals from designated alternate locations, subject to the conditions specified in the Exchange circular NSE/INSP/43920 dated 20th March 2020 was 31st December 2021 which is now extended till 31st March 2022.
Change TypeCircular
StateCentral
Effective Date04-January-2022
Sourcehttps://archives.nseindia.com/content/circulars/INSP50900.pdf

 

Government of Karnataka issues Weekend Curfew Guidelines with effect from 5th January 2022 to 19th January 2022       

Brief DetailsThe Government of Karnataka, in exercise of the powers conferred under the Section 24 (l) of the Disaster Management Act, 2005, hereby issues additional containment measures in addition to the restrictions already in force issued vide orders of even number dated 3rd July 2021 and its connecting orders and orders of even number dated 3rd December 2021 and 26th December 2021 which will come in to force from 10 pm 5th January 2022 and will remain in force force upto 19th January 2022 (5 am) for  strict implementation by Chief Commissioner BBMP, Police Commissioners, Deputy Commissioners, Superintendents of Police, and other Heads of Departments and Authorities.
Change TypeNotification
StateKarnataka
Effective Date04-January-2022
Sourcehttps://ksdma.karnataka.gov.in/storage/pdf-files/COVUD%20Order%204-1.pdf

 

Ministry of Finance notifies certain provisions of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 shall not apply to the Foreign Portfolio Investor

Brief DetailsThe Ministry of Finance, in exercise of the powers conferred by sub-clause (i) of clause (h) of sub-rule (2) of rule 9A of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, hereby directs that the provisions of sub-rule (1A) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 shall not apply to the Foreign Portfolio Investor.
Change TypeNotification
StateCentral
Effective Date04-January-2022
Sourcehttps://egazette.nic.in/WriteReadData/2022/232403.pdf

SEBI make changes in the Exercise Mechanism of option contracts on commodity futures

Brief DetailsThe Securities and Exchange Board of India, in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, hereby make changes in the Exercise Mechanism of option contracts on commodity futures.
Change TypeCircular
StateCentral
Effective Date03-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/options-on-commodity-futures-modification-in-exercise-mechanism_55164.html

 

SEBI issues Clarification w.r.t. timing of submission of NOCfrom the lending scheduled commercial banks/ financial institutions/ debenture trustee

Brief DetailsThe Securities and Exchange Board of India, in exercise of powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 and Regulations 11, 37 and 94 read with Regulation 101(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Rule 19(7) of Securities Contracts (Regulation) Rules, 1957 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, hereby clarified that the NOC shall be submitted before the receipt of the No-objection letter from stock exchange in terms of Regulation 37(1) of  the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Change TypeCircular
StateCentral
Effective Date03-January-2022
Sourcehttps://www.sebi.gov.in/legal/circulars/jan-2022/schemes-of-arrangement-by-listed-entities-clarification-w-r-t-timing-of-submission-of-noc-from-the-lending-scheduled-commercial-banks-financial-institutions-debenture-trustee_55166.html

 

IRDAI notifies IRDAI (Surety Insurance Contracts) Guidelines, 2022

Brief DetailsThe Insurance Regulatory and Development Authority of India, in exercise of the powers conferred under section 14 (2) (i) of IRDA Act, 1999, hereby issues the IRDAI (Surety Insurance Contracts) guidelines.
Change TypeNotification
StateCentral
Effective Date01-April-2022
Sourcehttps://www.irdai.gov.in/ADMINCMS/cms/whatsNew_Layout.aspx?page=PageNo4623&flag=1

 

MCA notifies Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund), Third Amendment, Rules, 2021

Brief DetailsThe Ministry of Corporate Affairs, in exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125, sub-section (6) of section 124 and section 236 read with section 469 of the Companies Act, 2013, hereby makes the rules, further to amend the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
Change TypeCircular
StateCentral
Effective Date28-December-2021
Sourcehttps://www.mca.gov.in/bin/dms/getdocument?mds=69la%252BK5Pk45fsPDA286G8Q%253D%253D&type=open

 

NSE notifies Extension for updation of mandatory fields for existing clients up to 31st March 2022

Brief DetailsThe National Stock Exchange of India, hereby extend the timeline for updation of 6 KYC attributes Name, Complete address (including PIN code No. in case of address of India), PAN, valid Mobile number, Valid email-id, Income details/range along with additional information pertaining to custodian settled clients for existing clients to 31st March 2022.
Change TypeNotification
StateCentral
Effective Date31-December-2021
Sourcehttps://archives.nseindia.com/content/circulars/ISC50864.pdf

 

FSSAI notifies Food Safety and Standards (Food Products Standards and Food Additives) Sixth Amendment Regulations, 2021

Brief DetailsThe Food Safety and Standard Authority of India, in exercise of the powers conferred by clause (e) of sub-section (2) of section 92 read with section 16 of the said Act, hereby makes the regulations further to amend the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011.
Change TypeNotification
StateCentral
Effective Date27-December-2021
Sourcehttps://www.fssai.gov.in/upload/notifications/2021/12/61ce91bf0f10eGazettte_Notification_Ghee_Milk_31_12_2021.pdf

 

Ministry of Commerce and Industry issues Notification for Extension of Last Date for Submitting applications for Scrip based FTP Schemes

Brief DetailsThe Ministry of Commerce and Industry, in exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-20, hereby amends the para 3.13A of the FTP 2015-20.
Change TypeNotification
StateCentral
Effective Date31-December-2021
Sourcehttps://egazette.nic.in/WriteReadData/2021/232299.pdf

 

Ministry of Finance notifies Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties) (Amendment) Rules, 2021

Brief DetailsThe Ministry of Finance, in exercise of the powers conferred by clause (hd) and clause (i) of sub-section (2) of section 30 of the Securities Contracts (Regulation) Act, 1956, hereby makes the rules further to amend the Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties) Rules, 2005.
Change TypeNotification
StateCentral
Effective Date31-December-2021
Sourcehttps://egazette.nic.in/WriteReadData/2021/232301.pdf

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