Presently, India does not have an estate duty. The Estate Duty Act, 1953 which sought to impose an estate duty in India on property passing on demise was repealed in the year 1985.

The Central Government has amended the rules relating to Importer-Exporter Code (IEC) vide Notification No. 48/2015-2020 dated 12 February 2021.

The HUID is an unique identification code which offers distinct identity to each gold item/article.

The SC pronounced an order under Article 142 of the Constitution of India extending the period of limitation with effect from 15 March 2020 till further order(s) are passed by the SC.

Over the past few days, the Office of the Registrar of Companies, Central Scrutiny Centre has been issuing email advisories for compliance of provisions of significant beneficial ownership (SBO)...

The Ministry of Corporate Affairs has, on 3 February 2020, issued the long pending notification of sub-sections 11 and 12 of Section 230 of the Companies Act, 2013.

The amendments proposed in the Amendment Act were party implemented with retrospective effect from 2 November 2018.

The existing channel of Syndicate ASBA will no longer be available for RIIs

After a long period of uncertainty over a definitive stance taken by the Employees' Provident Fund Organisation (EPFO) on exercise of joint option for higher contributions...

The Indian government's decision to consolidate 29 Central labour laws into 4 labour codes has been welcomed by several industry representatives, given that the move signalled a much-needed step towards reduced complexity ...

On 17 April 2020, Ministry of New & Renewable Energy, Government of India (MNRE) issued an office memorandum requiring all renewable energy implementing agencies to treat lockdown due to COVID-19 as ‘force majeure'.

The Finance Act, 2022 amended the Income-tax Act, 1961 (IT Act) by introducing a new taxation regime in relation to Virtual Digital Assets (VDAs) wherein: (i) a 30% tax has been levied on income...

The Reserve Bank of India (RBI) has amended the Master Directions on Prepaid Payment Instruments (PPI) through Notification No. RBI/2024-2025/97, issued on 27 December 2024 (Master Directions).

The Foreign Contribution (Regulation) Amendment Act 2020 (Amendment Act) has been notified by the Central Government (Government) on 29 September 2020...

As India continues to navigate the unprecedented challenges caused by the COVID-19 pandemic, government and regulatory authorities keep responding with new measures and regulations.

The Central government has amended the rules associated with share transfer forms as required to transfer shares of companies under the Companies Act 2013.

The Ministry has sought comments on the Draft Amendments, which may be submitted till 29 June 2019.

Last month on 20 October 2020, the Patent (Amendment) Rules 2020 (Revised Rules 2020) came into force whereby the provisions pertaining to filing of priority document...

The Patent (Amendment) Rules 2020 (Revised Rules 2020) have come into force from 20 October 2020

Since November 2019, we have been sharing quarterly updates on indirect tax developments in the form of an e-Bulletin. We thank you for your continued support to our initiative.