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Latest Fiscal and Labor Law Updates 2024

Fiscal, Corporate & Commercial Laws News1. Speedy Disposal of Grievances (MSME)   – Memorandum dated 15/01/2024   – Ministry of Micro, Small and Medium Enterprises   – Authorized MSME-DFOs for grievance resolution   – Action on Udyam Registration within 48 Hours2. Updated Exchange Rates (Customs Act, 1962)   – Notification dated 18/01/2024   – Central Board of Indirect Taxes and Customs   – Effective from 19th January 2024   – Exchange rates for foreign currencies3. Amendment to Reserve Bank of India Act, 1934   – Bill dated 08/12/2023, Published on site 18/01/2024   – Rajya Sabha, Government of India   – Proposed Reserve Bank of India (Amendment) Act, 2023   – Transparency in borrower-wise credit information4. Haryana Arrears Settlement (Amendment) Act, 2023   – Notification dated 16/01/2024   – Government of Haryana   – Amendments to Section 2(1) and 3   – Effective from 16th January 20245. MP Goods and Services Tax Act, 2017   – Notification dated 17/01/2024   – Government of Madhya Pradesh   – Rescission of earlier notification, effective from 01/01/20246. Extension of GSTR-3B Due Date (Tamil Nadu)   – Notification dated 18/01/2024, Published on 06/01/2024   – Government of Tamil Nadu   – Extended due date for November 2023 till 10th January 2024Labour Employment and Industrial News1. ESIC Scheme – State Wise List   – Circular dated 17/01/2024   – Employees’ State Insurance Corporation   – Notified and non-notified districts under ESIC Scheme2. Ram Lalla Pran Prathista Celebration   – Circular dated 18/01/2024   – Employees’ Provident Fund Organisation   – Half-day closing on 22nd January 2024 for central government offices3. Building and Other Construction Workers (Karnataka) Rules, 2024   – Notification dated 12/01/2024   – Government of Karnataka   – Amendments to employment and conditions of service rules4. Engagement of Trade Apprentices (Haryana)   – Letter dated 10/012/024   – Department of Labour, Government of Haryana   – Trade Apprentices under the Apprentice Act, 1961Environment, Health & Safety Law News1. Recycling of Lead Scrap/Used Lead Acid Batteries   – SOP published on 18/01/2024   – Central Pollution Control Board   – Standard Operating Procedure for recycling2. Revocation of Action under Stage-III (Delhi-NCR)   – Order dated 18/01/2024   – Commission of Air Quality Management   – Revocation of actions under Stage-III of graded response action planCore Industry Specific1. Particulars to Indian Standards (Bureau of Indian Standards)   – Notification dated 17/01/2024   – Bureau of Indian Standards   – Particulars of Indian Standards under BIS Rules, 20182. Amendments to Indian Standards (Bureau of Indian Standards)   – Notifications dated 17/01/2024   – Bureau of Indian Standards   – Amendments related to Textiles, Environmental Management, and Deep Well Hand Pumps Specifications

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