The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the state as of August 19, 2024.
SEBI’s 2024 amendment allows Research Analysts to charge fees for their services, including from accredited investors. Effective from the date of publication.
India allows the export of 2,00,000 MTs of Non-Basmati White Rice to Malaysia through National Cooperative Exports Limited under new DGFT notification.
On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the bill has now become law ie. Finance (No. 2) Act, 2024.
New amendments to Foreign Exchange Management Rules ease cross-border share swaps and foreign investments in Indian startups and ATMs.
Justice Talwant Singh appointed as Chairperson of the Appellate Authority for professional institutes under the Chartered Accountants, Cost and Works Accountants, and Company Secretaries Acts.
New Geographical Indications Inquiry and Appeal Rules 2024 simplify procedures for handling complaints and appeals under the GI Act.
Trade Marks (Holding Inquiry and Appeal) Rules 2024 now in effect. New procedures for complaints, inquiries, and appeals under the Trade Marks Act, 1999.
Central Excise Notification 20/2024 revises duty rate to Rs. 2100 per tonne effective from August 17, 2024, under the Central Excise Act, 1944.
RBI revises NBFC-P2P lending guidelines, clarifying provisions to prevent misuse and ensure compliance. Key changes include fund transfer rules and disclosure requirements.
