EMPLOYMENT LAW UPDATE 14th May 2024 Issue No. 3/24-25 KARNATAKA HIGH COURT HOLDS INTERNATIONAL WORKER PROVISIONS UNDER PF ACT UNCONSTITUTIONAL BACKGROUND: On 1st October, 2008, the Union of India vide notification introduced para 83 in the Employee provident Funds Scheme, 1952 (“EPF Scheme”) and further para 43A under the Employee’s Pension Scheme, 1995 (“Pension … Read More >
EMPLOYMENT LAW UPDATE 30th April 2024 Issue No. 2/24-25 LABOUR CODES ONE OF THE GOVERNMENT’S TOP AGENDAS POST ELECTIONS BACKGROUND: The Labour Codes are set to amalgamate 29 central labour laws in India and will comprise of four legislations known as the Code on Wages, 2019 (Published in 2019), Industrial Relations Code, 2020, Code on … Read More >
REAL ESTATE UPDATE 2nd April, 2024 Issue No. 01/24-25 CURRENT SCENARIO OF STAMP DUTY CHARGES IN MAHARASHTRA The Revenue and Forest Department of Government of Maharashtra on 1st April 2024 has declared that ready reckoner rates for the financial year 2024-2025 will remain unchanged. BACKGROUND In Maharashtra, stamp duty charges are governed by the Maharashtra … Read More >
CORPORATE LAW UPDATE 24th February 2024 Issue No. 19/2023-2024 AN OVERVIEW OF THE RULES PERTAINING TO DIRECT LISTING OF EQUITY SHARES BY INDIAN PUBLIC COMPANIES ON INTERNATIONAL EXCHANGES The Ministry of Corporate Affairs (MCA) has vide notification dated 24th January 2024, notified the Companies (Listing of equity shares in permissible jurisdictions) Rules 2024 (“LEAP Rules”) … Read More >
EMPLOYMENT UPDATE 21st February 2024 Issue No. 18/2023-2024 PROPOSED AMENDMENT TO THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013. The Sexual Harassment of Women at Workplace (Prevention, Prohibition And Redressal) Act, 2013 (“POSH Act”) is India’s first legislation specially addressing the issue of sexual harassment faced by women in the … Read More >
CORPORATE LAW UPDATE 19th December 2023 Issue No.17/23-24 AN OVERVIEW OF THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023 India received its first data protection statute governing Personal Data of its citizens on 11th August 2023. The Digital Personal Data Protection Act, 2023 (“DPDP Act”) received Presidential assent and was notified consequently in the E-Gazette making … Read More >
REAL ESTATE UPDATE 11th December 2023 Issue No.16/23-24 MAHARASHTRA GOVERNMENT LAUNCHES THE STAMP DUTY AMNESTY SCHEME 2023 BACKGROUND: In a significant move, the Government of Maharashtra has announced the introduction of the Maharashtra Stamp Duty Amnesty Scheme 2023 (“Amnesty Scheme”) which is aimed at providing relief to citizens by way of remitting or reducing stamp … Read More >
CORPORATE LAW UPDATE 1st December 2023 Issue No. 15/23-24 THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA CREATES A TASK FORCE TO EXAMINE IMPLICATIONS OF THE DPDP ACT, 2023. The Insurance Regulatory and Development Authority of India (“IRDAI”) on 24 November 2023 set up a task force as a proactive step to examine the implications … Read More >
EMPLOYMENT LAW UPDATE 30th September 2023 Issue No. 14/23-24 THE MINISTRY OF LABOUR AND EMPLOYMENT EXTENDS TIME LIMIT TO UPLOAD WAGE DETAILS REGARDING PENSION ON HIGHER WAGES. The Ministry of Labour and Employment (“Ministry”) on 29 September 2023 has extended three months’ time for employers to upload wage details etc. regarding pension on higher wages. … Read More >
