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Category: Legal

Explore Registrationkraft’s Legal Category blog posts to learn about the Legal updates, Laws, and Acts.

GST Council reduces Compliance Burden for Small Taxpayers

Taxpayers with annual aggregate turnover up to Rs. 2 crore are not required to file Annual Return using Form GSTR-9 for FY 2023-2024.  As a result, the compliance burden for small taxpayers has been reduced What is Form GSTR-9? Form GSTR-9 refers to an annual return which is required to be filed by the taxpayers […]

Ministry of Labour and Employment Announces Dates for Job Fairs

The Ministry of Labour and Employment has announced the dates for the upcoming job fairs across various states in India.  The job fairs will be held from 1st July to 15th July, 2024 according to the following schedule:   Date Name of Event Venue Organizer State 1st July Online Virtual Job Drive NCS Portal MCC […]

Employees Pension Scheme amended to offer withdrawal benefits to more members

The Employees Pension Scheme (EPS) 1995 has been amended by the Government of India to ensure that the EPS members having less than 6 months of contributory service will also be able to avail withdrawal benefits.  Due to the amendment in the EPS scheme, over 7 lakh EPS members every year, who leave the scheme […]

What is Criminal Procedure Code New Name?

The Code of Criminal Procedure, often known as Criminal Procedure Code, was enacted in 1973 and came into force on 1st April, 1974. The Criminal Procedure Code was the main legislation on procedure for administration of substantive criminal law in India.  Now the Criminal Procedure Code new name is Bharatiya Nagarik Suraksha Sanhita or BNSS. […]

Byju’s Denied Clean Chit from Ministry of Corporate Affairs (MCA)

On 26th June, 2024, the Ministry of Corporate Affairs (MCA) issued a statement to clarify the ongoing investigation into the financial misconduct claims against Byju’s, an edtech company. Citing sources, a media report issued on 26th June, 2024, had said that the government investigation had cleared the struggling online-education startup of financial fraud. However, contrary […]

189 cases registered by Legal Metrology Department against Commodity Suppliers

The Legal Metrology Department (LMD) in Andhra Pradesh has registered 189 cases against essential commodities’ suppliers, according to the Commissioner of Civil Supplies Department. Among these cases, 110 cases were related to suppliers dealing in sugar, 74 cases were related to suppliers dealing in tur dal and 4 cases were related to suppliers dealing in […]

Global IndiaAI Summit 2024 to be held in New Delhi

To highlight the Indian Government’s commitment to AI’s responsible advancement, the Global IndiaAI Summit 2024 will be held on July 3rd and 4th in Bharat Mandapam in New Delhi, India. All the essential aspects of the AI ecosystem like Compute Capacity, Foundational Models, Datasets, Application Development, Future Skills, Startup Financing, and Safe and Trusted AI […]

Muthoot Microfin Secures IRDAI License to offer Insurance Products

Muthoot Microfin has been authorized by the Insurance Regulatory and Development Authority of India (IRDAI) to offer insurance products in India. This is due to the corporate agent license issued to the company by IRDAI, which enables it to offer insurance products to its customers while augmenting its sources of revenue and earnings. Muthoot Microfin […]

Saarthi 2.0 Mobile App introduced by SEBI to educate Young Investors

Saarthi 2.0, an updated version of the original Saarthi app, has been introduced by the Stock Exchange Board of India (SEBI). Saarthi has been designed to enhance awareness of the stock markets and financial regulation among young investors. Saarthi 2.0 features a user-friendly interface and comprehensive tools which help to simplify complex financial concepts, according […]