SEBI extends Timeline for submission of public comments on the Formats for Business Responsibility and Sustainability Reporting
Extension of Timeline for submission of public comments on the Formats for Business Responsibility and Sustainability Reporting till October 18, 2020
Taxation and other Laws (Relaxation of Certain Provisions) Bill, 2020
Lok Sabha on September 19, 2020 passes the Taxation and other Laws (Relaxation of Certain Provisions) Bill, 2020 to replace the Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020, issued on 31.03.2020.
Delhi Disaster Management Authority permits one weekly market per day per zone in NCT Delhi
Delhi Disaster Management Authority permits one weekly market per day per zone in all three Municipal Corporations/New Delhi Municipal’ Council/Delhi Cantonment Board to function w.e.f. 14.09.2020 to 30.09.2020 in NCT of Delhi (except in containment zones)
Lok Sabha passes 3 Labour Codes which consolidates 29 labour laws
29 labour laws are being subsumed in the simplified, easy to understand, transparent form in four labour codes.
The Income-tax (21st Amendment) Rules, 2020
The amendment has made the procedure for application by a banking company or insurer for a certificate under section 195(3) of the Income – tax Act, 1961, for receipt of interest and other sums without deduction of tax applicable to insurers as well.
The IBBI has published the provisional list of Insolvency Professionals
The entities undergoing insolvency procedures can appointment Administrators from the list of insolvency professionals published by IBBI for a period from 1st October 2020 to 31st March 2021.
SEBI revises guidelines for writing off securities by FPIs.
In view of the requests received from various stakeholders, SEBI has been decided to permit said FPIs to write-off shares of all companies which they are unable to sell.
ESIC issues instructions for submission of claims for Unemployment Benefit under Atal Bimit Kalyan Yojana.
The scheme of Atal Beemit Kalyan Yojana has been extended for another one year i.e. from 1st July 2020 to 30th June 2021.
DGFT extends the date of implementation for track and trace systems for export of Pharmaceutical and drug consignments.
The date of implementation of track and trace system for export of pharmaceutical and drug formulations has been extended till 1st April 2020.
The government of Chandigarh prohibits the running of commercial establishments and restaurants late night.
All establishments/shops etc shall remain close between 1:00 AM to 4:30 AM, provided this order will not apply to hospitals, chemist shops, and petrol pumps.
