The Government of Gujarat has directed all the factories registered under the Act to pay overtime wages to all eligible workers.
The State Government of Gujarat vide its notification dated 5th November 2020 has directed all factories registered under the Factories Act 1948 to pay overtime wages to all eligible workers. The Government in its earlier notification has exempted all the factories registered under the act from various provisions relating to weekly hours, daily hours, intervals, […]
RBI announces co-lending model for banks, NBFCs.
As per the co-lending model, banks are permitted to co-lend with all registered NBFCs (including HFCs) based on a prior agreement. The co-lending banks will take their share of the individual loans on a back-to-back basis in their books.
MEITY publishes Draft Data Centre Policy 2020.
The policy shall promote domestic manufacturing, including non-IT as well as IT components, to increase domestic value addition and reduce dependence on imported equipment for Data Centres.
The Company Secretaries (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Amendment Rules, 2020
The amendment provides electronic mode for fee transaction, official communication and hearing.
Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020
The Amendment provides that every registered person required to furnish the details of outward supplies of goods or services or both in FORM GSTR-1 for the month or the quarter, shall file it electronically through the common portal, either directly or through a Facilitation Centre.