Statutory updates

Regulatory Fee Structure for Recognised Stock Exchanges in IFSC

The International Financial Services Centres Authority defers the regulatory fee for the listing of privately placed debt securities on recognised stock exchanges in the IFSC…

Enforcement Date for CGST Eighth Amendment Rules Provisions

The Central Government appoints the 1st day of January, 2022, as the date for specific provisions of the Central Goods and Services Tax (Eighth Amendment) Rules, 2021 to come into…

Enforcement Date for Finance Act 2021 Provisions

The Central Government appoints the first day of January 2022 as the date for sections 108, 109 and 113 to 122 of the Finance Act 2021 to come into force.

AQEES Survey Employment Growth and Government Schemes Update

The Government reports a twenty nine percent employment increase in nine selected sectors of the economy based on the first round of the Quarterly Employment Survey for the period…

EPFO Payroll Data for October 2021

The Ministry of Labour and Employment releases provisional payroll data for the Employees Provident Fund Organisation for October 2021.

GST Compliance Modalities for Restaurant Services Supplied Through E-Commerce Operators

E-commerce operators pay Goods and Services Tax on restaurant services supplied through their platforms under section 9(5) of the CGST Act.

National Career Services (NCS) Project

Settlement of Trades Executed on Stock Exchanges in IFSC

Clearing corporations must settle all trades executed on stock exchanges in the International Financial Services Centre at least once a day.

Maharashtra Tops State Beneficiaries List Under ABRY

Maharashtra leads all states in the number of beneficiary establishments, new employees, and benefit amounts under the Atmanirbhar Bharat Rojgar Yojana.

e-Verification Scheme 2021 for Income-tax

The Central Government establishes the e-Verification Scheme 2021 for the collection, processing, and verification of income-tax information under the Income-tax Act 1961.

50th Meeting of the General Council of the VVGNLI

The General Council of the V.V. Giri National Labour Institute holds the 50th meeting under the chairpersonship of the Union Minister for Labour and Employment on 10th December…

Tripartite National Dialogue on Human-Centered COVID-19 Recovery

The Ministry of Labour and Employment and the International Labour Organization organized a Tripartite National Dialogue on December 10, 2021.

Income-tax (33rd Amendment) Rules, 2021

The Central Board of Direct Taxes amends the Income-tax Rules, 1962 to set conditions for tax exemption on income from non-deliverable forward contracts.

EPFO Net Subscriber Addition and Employment Situation Report

The Ministry of Labour and Employment reports an improvement in the national employment situation based on periodic labour force survey data and provisional payroll data from the…

India-Kyrgyz Republic Tax Treaty Protocol Notification

The Central Government notifies that all provisions of the amending Protocol to the double taxation avoidance agreement between India and the Kyrgyz Republic have effect in the…

DTNBWED Skill Recognition for Workers Without Formal Training

The Dattopant Thengadi National Board of Workers' Education and Development examines the recognition of skills for workers who lack formal training.

Pradhan Mantri Rojgar Protsahan Yojana Beneficiary Status

The Government implements the Pradhan Mantri Rojgar Protsahan Yojana to incentivize employers for new employment creation and to bring informal workers into the formal workforce.

Specified Annuity Plan for Section 80C Deduction

The Central Government specifies the Jeevan Akshay-VII Plan of the Life Insurance Corporation of India as an approved annuity plan for Section 80C deductions.