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    Shri Piyush Goyal describes Agriculture reforms as a watershed movement for our farmers
    The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020.
    CCI approves demerger of the Textiles Business of GHCL Ltd. (“GHCL”)into its wholly owned subsidiary GHCL Textiles Limited (“GHCL Textiles”)
    CCI approves acquisition of certain real estate projects of RMZ Group and 100% equity shareholding in CoWrks by Brookfield Private Capital (DIFC) Limi...
    THE FOREIGN CONTRIBUTION (REGULATION) AMENDMENT ACT, 2020
    The Companies (Amendment) Act, 2020
    Indian Customs K9 Manual
    India, Denmark sign MoU on Intellectual Property cooperation
    Government to study the arbitration case award in Vodafone International Holding BV
    THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) ACT, 2020
    THE FOREIGN CONTRIBUTION (REGULATION) AMENDMENT BILL, 2020 - AS PASSED BY LOK SABHA ON 21.9.2020
    National GIS-Enabled Land Bank System
    CCI approves acquisition of 100% equity shares of Medlife by API Holdings and of up to 19.59% equity share capital of API Holdings by Medlife’s shar...
    In wake of Covid 19 pandemic, permission granted to the Petroleum and Explosives Safety Organisation (PESO) to introduce ISO Tank Containers for movem...
    Shri Piyush Goyal participates in the G-20 meeting of the Trade and Investment Ministers;
    Promotion of FDI
    Granting Trademark under startup India
    THE FOREIGN CONTRIBUTION (REGULATION) AMENDMENT BILL, 2020 - AS INTRODUCED IN LOK SABHA
    CCI approves acquisition of sole control over Bombardier Transportation’s by Alstom S.A., AND acquisition of approximately 18% and 3% share capital ...
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    September 30, 2020
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    Agriculture reforms expand farmer market choice and private participation while retaining Minimum Support Price protection.
    Agriculture reforms are presented as a transformational policy shift to liberalise market access and increase farmer incomes by enabling greater private sector participation while preserving the option of Minimum Support Price alongside mandi sales. Complementary measures stress Aatmanirbhar Bharat principles to import and deploy global technology, a genuine single window clearance to ease business, and process re engineering to strengthen supply chain resilience, illustrated by improved rail freight performance and domestic scaling of medical supplies.
    September 30, 2020
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    Taxation and Other Laws (Relaxation and Amendment) Act 2020 extends deadlines, caps interest, mandates faceless tax procedures.
    The Act extends statutory time limits for actions and compliances falling between 20 March 2020 and specified dates to 31 March 2021 (or notified dates), caps interest and waives penalties for certain delayed tax payments paid by 30 June 2020 (or notified dates), amends Income tax Act provisions on specified funds, charitable registrations and approvals (including new 12AB registration and related timelines), reduces temporary withholding and collection rates to three fourths for a defined period, and empowers the Central Government to notify comprehensive faceless schemes and units to conduct assessments, inquiries, registrations and other functions with dynamic jurisdiction and electronic procedures.
    September 30, 2020
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    Demerger approval under competition law enables transfer of textiles business to a newly incorporated wholly owned subsidiary.
    Approval under Section 31(1) of the Competition Act, 2002 permits GHCL Ltd. to transfer its textiles undertaking into its newly incorporated, wholly owned subsidiary GHCL Textiles Limited, with GHCL retaining chemicals and consumer products operations and GHCL Textiles receiving the demerged textiles business; the subsidiary is presently dormant and wholly owned.
    September 30, 2020
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    Merger control approval for acquisition of RMZ real estate projects and CoWrks equity by Brookfield enables asset consolidation.
    Approval under Section 31(1) of the Competition Act, 2002 was granted for a transaction where a newly formed Brookfield Private Capital (DIFC) Limited group company will acquire specified commercial real estate projects from several RMZ Group subsidiaries and 100% equity in CoWrks, covering leasing assets and co working operations; a detailed CCI order will follow.
    September 29, 2020
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    Foreign Contribution (Regulation) Amendment imposes FCRA account rules, Aadhaar ID requirement, transfer prohibition and stricter government oversight.
    The Amendment broadens disqualifications to include public servants and government-controlled corporations, prohibits registered recipients from transferring foreign contribution to others, lowers the internal transfer threshold to twenty per cent, requires applicants to open and specify a designated FCRA Account, permits the Government to require Aadhaar or specified identity documents of key functionaries, allows government-directed suspension of utilisation pending inquiry, enables surrender of certificates where no contravention is found and vests management of assets in the authority, and mandates SBI New Delhi branch receipt and reporting of foreign remittances with prohibition on non-foreign funds in FCRA accounts.
    September 29, 2020
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    Companies (Amendment) Act expands Producer Companies, reduces imprisonment in corporate offences, and revises penalties and governance.
    The Act extensively amends the Companies Act, 2013 to substitute many imprisonment based offences with monetary penalties, reduce penalty amounts and prescribe continuing failure fines; grants the Central Government power to exempt classes of companies and to phase commencement; and inserts Chapter XXIA creating Producer Companies with bespoke incorporation, membership, voting, limited return share capital, governance (including a full time Chief Executive and board structure), financial, audit and conversion provisions for inter State co operative societies.
    September 28, 2020
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    Indian Customs K9 Manual standardises K9 training, deployment, welfare and certification procedures and recordkeeping across customs formations.
    The manual prescribes standard operating procedures for the Indian Customs K9 establishment under the Directorate of Logistics, setting out organisational roles, mandatory training and certification regimes (induction at Customs K9 Centres, monthly maintenance in the field, annual refresher tests), selection and procurement criteria including microchipping and pedigree records, welfare and kennel hygiene standards, transportation protocols, retirement/adoption processes, uniform and recognition rules, and registers and monthly reporting requirements to enable uniform operational deployment and oversight.
    September 26, 2020
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    Intellectual property cooperation to expand bilateral exchange of best practices and modernization of IP systems.
    The MoU establishes Intellectual Property Cooperation between DPIIT and the Danish Patent and Trademark Office to exchange best practices and awareness initiatives; collaborate on training, expert and technical exchanges; share information on disposal processes for patents, trademarks, industrial designs and geographical indications and on IP protection and enforcement; cooperate on automation, modernization and information systems for IP management; and coordinate on protection of Traditional Knowledge. Implementation will proceed via a Biennial Work Plan detailing activities and scope.
    September 25, 2020
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    Arbitration award in international investment dispute: Government to study award and consider pursuing legal remedies before appropriate fora.
    An arbitration award has been rendered in the investor-State dispute initiated by Vodafone International Holding BV. The Government has been notified and will study the award with counsel, and after consultation will consider options and may pursue available legal remedies before appropriate fora.
    September 24, 2020
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    Suspension of corporate insolvency proceedings prevents filing for defaults occurring during the pandemic period and bars related avoidance actions.
    The Act inserts section 10A suspending initiation of corporate insolvency resolution processes for defaults arising on or after 25th March, 2020 for an initial six month period, extendable up to one year, and clarifies that defaults during that period cannot thereafter be the subject of such initiation while defaults before that date remain actionable; it also bars resolution professionals from filing avoidance or misfeasance applications in respect of suspended defaults and repeals the earlier Ordinance with savings for actions taken under it.
    September 23, 2020
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    Foreign contribution rules now require designated FCRA accounts, Aadhaar/ID for key functionaries, and bar transfer of funds.
    The Bill expands disqualifying persons to include public servants and employees of Government-owned or controlled corporations, prohibits any registered or permitted person from transferring received foreign contribution to another person, requires applicants to open a designated FCRA Account (with primary receipt through a specified SBI New Delhi branch and permitted utilisation accounts in scheduled banks), mandates reporting of remittance details, empowers the Central Government to restrict utilisation or receipt of foreign contribution pending inquiry, and requires Aadhaar or passport/OCI identification for key functionaries as a condition for permissions or certificates.
    September 23, 2020
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    National Land Bank integration with state GIS systems expands real-time industrial land availability and investor access.
    Integration of the Industrial Information System portal with state GIS systems establishes a National Land Bank delivering real time, plot level industrial land availability, connectivity and facility details; authorised government agencies upload data via unique credentials while investors can self-register to access the portal, and states must align their portals with the Standard Operation Procedures for integration with technical support from MeitY.
    September 23, 2020
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    Combination approval under Competition Act: CCI approves acquisition structure between API Holdings and Medlife shareholders.
    Approval under the Competition Act covers API Holdings' acquisition of 100% of Medlife's equity and the grant of a minority equity stake in API Holdings to Medlife's promoters and shareholders as consideration for the transaction.
    September 23, 2020
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    ISO tank container permission enables domestic liquid oxygen movement with expedited online approvals for emergency response.
    Authorisation allows regulatory approval for use of ISO Tank Containers for domestic movement of liquid oxygen to expedite large volume, safe road transport during the COVID 19 emergency; the permission is time limited for one year and is supported by stakeholder consultation and an expedited online application module for granting permissions.
    September 23, 2020
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    Data Free Flow with Trust: India rejects the concept pending comprehensive data protection and policy space for developing countries.
    India opposes Data Free Flow with Trust as presently framed, citing inadequate definition and legislative preparedness in many countries, the need for policy space for developing countries to finalise data protection and e commerce laws, and the risk that uninhibited cross border data flows would aggravate the digital divide and impede equitable access to data as a development tool.
    September 21, 2020
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    Foreign Direct Investment policy: automatic liberalisation and mandated local sourcing for single- and multi-brand retail investments.
    India's Foreign Direct Investment policy is largely liberal and administered under the automatic route, with ongoing reviews and published remittance wise equity inflow data. A limited set of sectors remain subject to government approval or conditionalities. In retail, Single Brand Product proposals exceeding the control threshold must source a significant portion of goods from India, preferably from MSMEs and related cottage industries; Multi Brand Retail Trading requires a minimum procurement share from Indian micro, small and medium enterprises meeting the prescribed investment ceiling in plant and machinery.
    September 21, 2020
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    Trademark registration for startups - concession and streamlined process; examination, publication and opposition timelines govern grant.
    Provision of trademark support for startups includes a fee concession and facilitator reimbursement. Applications under the Trade Marks Act, 1999 follow stages: filing (offline or electronic), examination (about one month) with issuance of an examination report, applicant response within one month to objections, consideration and hearing by the authorised officer, publication in the Trade Marks Journal with a four month opposition period, and issuance of registration after the opposition window if unopposed. Granting proceeds through a quasi-judicial process without a strict statutory deadline; internal guidelines and disciplinary measures address delays.
    September 21, 2020
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    E commerce regulation: Consumer Protection rules establish liability framework and promote a level playing field for stakeholders.
    The draft National e commerce policy seeks a facilitative regulatory environment to provide a level playing field for consumers, MSMEs and start ups and promote small manufacturers, while the Consumer Protection (e commerce) Rules, 2020 create a legal framework for digital transactions and set out a clear structure of liability for e commerce entities and sellers; home delivery was facilitated during lockdown under Ministry of Home Affairs guidelines.
    September 21, 2020
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    Foreign Contribution (Regulation) Amendment Bill 2020 tightens receipt, use and transfer of foreign contributions and mandates centralised banking and identification.
    The Bill amends the Act to include public servants among those prohibited from accepting foreign contribution; prohibits registered persons from transferring received foreign contribution to any other person; reduces the limit on administrative expenses from fifty to twenty per cent; requires applicants to open and specify an FCRA Account (with receipt through a designated SBI New Delhi branch and prescribed reporting); authorises Aadhaar or passport/OCI identification for key functionaries; permits surrender of certificates where no contravention is found; and empowers the Central Government to restrict utilisation pending summary inquiry.
    September 19, 2020
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    Merger control approval: CCI clears Alstom's acquisition of Bombardier Transportation and related strategic share investments.
    Approval under Section 31(1) of the Competition Act, 2002 granted for Alstom S.A.'s acquisition of sole control over Bombardier Transportation, with concurrent strategic share acquisitions in Alstom by Caisse de de po t et placement du Que bec and Bombardier Inc, constituting merger control clearance under the statutory combination review mechanism.

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