Draft Rules

Issuing the rules the RBI said that the quantum of penal charges shall be proportional to the defaults/ non-compliance of material terms and conditions of loan contract beyond a threshold.

Regulator is blundering on draft food policy, say nutrition activists 

Activists stress that instead of protecting people from poor health outcomes, the proposed policy may inadvertently harm public health as consumption of unhealthy food may increase with stars on the label. 

Consumer Protection Rules: Customers to get negatively impacted, say e-com firms seeking changes in proposed rules

Earlier in their meeting with the Consumer Affairs Ministry, Amazon said that the proposed rules were confusing and had some inconsistency.

Labour ministry notifies draft rules for compensation under Code on Social Security

The ministry has sought comments from the stakeholders on the proposed draft Rules within 45 days from the date of the notification, following which it will be notified and become effective.

Labour Codes: A status check on the draft rules published so far

Assembly elections and the pandemic are among the reasons cited for delaying implementation of the labour codes. However, the Central government hasn’t set any deadline for states to frame their rules.

RERA roadmap in West Bengal still not clear

West Bengal Housing Minister, Sovan Chatterjee, has said that although the state was working on the Real Estate (Regulation and Development) Act (RERA), “I am unable to tell, by when we will be able &#82

Tax dept unveils draft rules for registration under GST

In less than a week after the first meeting of the GST Council, the tax department today came out with three draft rules and their formats relating to registration, invoice and payments which would be finalised by week-end.

Govt proposes 2-stage bidding process under Mines Bill

While the state government will be authorised to conduct the auction, the Union government has sought comments of the stakeholders on the draft rules it has framed for the process.

Draft rules for coal block e-auctions likely today

The draft rules are expected to provide clarity on compensation for the coal blocks and is being done to be fair to all the parties involved.

Govt releases draft rules for new Companies Act

Releasing the first set of draft rules, covering 16 out of total 29 chapters of the Companies Act 2013, government invited comments from the public and other stakeholders till October 8 and said the second tranche of these rules would be released next week.