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MEITY issues Draft Amendment to IT Rules, 2021

MEITY issues Draft Amendment to IT Rules, 2021

The Ministry of Electronics and Information Technology (MEITY) has issued a draft amendment to the Information Technology (IT) rules, 2021.  The MEITY has said that the amendment is aimed at curbing the spread of fake news and misinformation.  Tune into #LawWiser premium on “MEITY issues

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MSME Sustainable (ZED) Certification Scheme

MSME Sustainable (ZED) Certification Scheme – Part 2

Welcome to the second part of the video on- MSME Sustainable (ZED) Certification schemeIf you haven’t watched the first part you can access it in the description box below.In the second part watch – Subsidy on the cost of certification, certification process, surveillance and renewal

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Limited Liability Partnership (Second Amendment) Rules, 2022

Limited Liability Partnership (Second Amendment) Rules 2022

The Ministry of Corporate Affairs (MCA) notified the Limited Liability Partnership (Second Amendment) Rules, 2022 (LLP Rules).As per the current reports, the amendments are divided into few segments which are listed below:- Allotment of the new name to existing LLP Increase in Allotment of Number

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A Glimpse of Battery waste Management rules 2020

A glimpse of draft battery waste management rules 2020

On February 20, 2020, the Ministry of Environment, Forest and Climate Change (MoEFCC) published the draft Battery Waste Management Rules, 2020, which will supersede the Batteries (Management and Handling) Rules, 2001. Tune into #LawWiser premium video on “Glimpse of Draft Battery Waste Management Rules 2020”

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Guidelines for procurement and Utilization of Battery Eneregy Storage | LawWiser Premium

Guidelines for procurement and utilization of battery energy storage system

Recently the Ministry of Power has issued some guidelines for the procurement of utilization of battery energy storage systems (BESS). The Ministry has established procurement and usage rules for battery energy storage systems as part of a slew of renewable-energy generating projects. It also seeks to stabilize power supply, boost total

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Privacy in Healthcare | LawWiser Premium | Sanjana Aravamudhan

Privacy in Healthcare

Watch Sanjana Aravamudhan, Associate consultant at Dua Consulting in this video takes us through the regulatory ecosystem surrounding the protection of patient privacy in tele medicine. She starts by explaining privacy under the intermediary rules where she also talks about the Intermediary guidelines.  While talking

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MSME Innovative Scheme | LawWiser Premium | Sanjana Aravamudhan

MSME Innovative Scheme

Watch Sanjana Aravamudhan, Associate consultant at Dua Consulting where she talks about the schemes introduced by the government to facilitate innovation for MSMEs. The objective of this is to bring Indian manufacturing sector and Design expertise/ Design fraternity on to a common platform. It aims

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Simplifying PPO for Healthcare MSME | LawWiser Premium - Sanjana Aravamudhan

Simplifying PPO for Healthcare MSMEs

PUBLIC PROCUREMENT POLICY FOR MSEsLet us begin by understanding the public procurement policy that applies to MSEs in general. The Public Procurement Policy for MSEs Order, 2018 has been effective from 1st April 2019.Under this policy:– Every Central Ministry /Department / PSUs shall set an

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PLI for MSME | LawWiser Premium | Sanjana Aravamudhan

Public Linked Incentives (PLI) for MSMEs

Towards realizing the government’s mission to make domestic manufacturing globally competitive, attract investments, enhance exports, and make India an integral part of the global supply chain, Production Linked Incentive (PLI) Schemes were announced by the Government (GOI). These PLI Schemes accompany the efforts undertaken by

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New Schemes in Pharma Sector for MSMEs

New Schemes in Pharma Sector for MSMEs

To encourage investment, research & innovation, to enable the sector to develop futuristic products and ideas, the Government has released announced 3 new schemes for MSMEs in the Pharma Sector. The aim is to strengthen the MSMEs in the Pharma sector by providing support in

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MSME Sustainable (ZED) Certification Scheme

MSME Sustainable (ZED) Certification Scheme

Are you an MSME? Do you know about the MSME sustainable (ZED) certification scheme and its benefits? Tune in to learn more about- – What is ZED certification? – Benefits of the certification in wastage reduction, productivity increase, optimal use of natural resources and market

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Electricity Rules, 2021

The Electricity Amendments Bill 2021 aims to revive the sector while focusing on the 4 Cs—customer, competition, compliance and climate. New rules were published by the Ministry of Power to ensure the sector’s economic viability, reducing financial stress among numerous stakeholders.  Renewable energy projects, such

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Entrepreneurial and managerial development of SMEs through Incubators

The entrepreneurial and managerial development of SMEs through incubators scheme comes under the Ministry of Micro, Small and Medium Enterprises of the Government of India.The main aim of the scheme is to support innovators and further facilitate funding for all the business incubators.Watch LawWiser video

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Battery Swapping Policy

Niti Aayog has released a draft battery swapping policy, which proposes and talks about incentives to be provided to Electric vehicles. It includes a wide range of incentives ranging from swappable batteries to setting standards for interoperable batteries. It is a mechanism where discharged batteries

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Obligations for MSME and Qualifying Criteria

Obligations for MSME and Qualifying Criteria

The micro, small, and medium enterprises development act of 2006 (MSMED) is a single comprehensive act for the development and regulation of micro, small and medium enterprises (MSME).  Tune into the LawWiser premium video on “Obligations for MSME and Qualifying Criteria” by Ojasvi Dhamija. In

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Ban on single-use plastics

Ban on single-use plastic

The Ministry of Environment, Forest and Climate Change, Government of India, has notified the Plastic Waste Management Amendment Rules, 2021. Pollution caused by single-use plastic objects has become a major environmental issue that all countries are grappling with. India has pledged to take steps to

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ECLGS

‘ECLGS’ – Emergency Credit Linked Guarantee Scheme

The ECLGS aims to provide 100 percent guaranteed coverage to the banks, non-banking financial institutions (NBFC’s), and other lending institutions to enable them to extend emergency credit. Over time it has evolved into three different versions ECLGS 1.0, ECLGS 2.0 and ECLGS 3.0. Tune into

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Mandatory registration for msme

Mandatory Registration for MSME

Is it mandatory for MSMEs to get register under the Micro, Small and Medium Enterprises Development Act, 2006?  Watch LawWiser video on Mandatory Registration for MSME with Avani Shukla, Lawyer & Growth and collaborations at lawWiser. She helps us understand this with the help of

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RBI Directions for Microfinance Loans, 2022

The Reserve Bank of India has instructed all the regular entities lending to the microfinance sector to ensure that the loans are collateral-free and not protected by a lien on the borrower’s deposit account.  Tune into the #LawWiser premium video on “RBI Directions for Microfinance

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Compliances in MSME Food Processing

Compliances in MSME Food Processing

MSMEs working in the food processing unit are required to comply with certain requirements as given under the Food safety and standards act.  Watch LawWiser video on Compliances for MSMEs – Food Processing  with Avani Shukla, Lawyer & Growth and collaborations at lawWiser. In this

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National Automobile Scrappage Policy (Key Features)

In India, on an average approx. 12 billion new vehicles are added annually that spew noxious pollutants and at the same time huge number of automobiles are becoming old which further accelerates the growth of pollution.   One of the major highlights of Union Budget 2021-2022

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Understanding MSME and SME

Understanding MSME and SME

We have often heard terms like MSME and SME around us. But do we understand what is the meaning of these terms appropriately? Watch LawWiser video on Understanding MSME and SMEs with Avani Shukla, Lawyer & Growth and collaborations at lawWiser. In this video, Avani

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 8 Action Areas in MSME Policy

The Ministry of MSME has released a draft of the National Policy for Micro, Small and Medium Enterprises (MSMEs) in India, which is expected to bring competitiveness, technical advancement, infrastructural development and specialized finance aid. Watch #LawWiser premium video on “8 action areas in MSME

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 Haryana Government Notifies Law Enforcing 75% Reservation

The Haryana State Employment of Local Candidates Act, 2020 (the “Act”) and the Haryana State Employment of Local Candidates Rules, 2021 (the “Rules”), imposed a 75 percent reservation requirement in employment for local candidates (i.e., candidates domiciled in the State of Haryana) earning INR 30,000

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Understanding the Need for National Logistics Policy

Understanding the Need for National Logistics Policy

The Indian logistics sector employs more than 22 million people, and upgrading the sector will result in a 10% reduction in indirect logistics costs, resulting in a 5 to 8% increase in exports. The proposed National Logistics Policy (NLP) aims to streamline and develop India’s

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MSME Amendment Rules, 2022

The Ministry of Micro, Small and Medium Enterprises has notified the Micro, Small and Medium Enterprises (Amendment) Rules, 2022 to further amend the Micro, Small and Medium Enterprises Fund Rules, 2016. Watch #LawWiser Premium on “MSME Amendment Rules, 2022” featuring Prabhjot Singh sharing useful insights

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registrations and compliances for healthcare MSME

Registrations and Compliances for healthcare MSME

It won’t be wrong to refer to this sector as the backbone of the country, one which the government has worked towards strengthening. Especially with the advent of the Atma Nirbhar Bharat Abhiyan or the Self-Reliant India Scheme of 2020 by the Government of India,

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Engagement in a post Covid healthcare space by MSMEs

The share of MSMEs in GDP has not only remained high but has increased over the years.  But MSMEs are not only contributing to the GDP kitty, they have become big partners of India’s export growth, with a 48% share in 2018-19. Post-covid many policies

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Key role of e-commerce in MSME | Namrta Rai | LawWiser Premium

The government has been taking several initiatives to accelerate e-commerce in India and to digitize the entire MSME ecosystem. MSMEs are encouraged to market and sell their goods and products on e-commerce websites, including on Government e-Marketplace, on which procurement of goods and services is

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dispute resolution and msme

Dispute Resolution & MSME | Dinesh Pednekar | LawWiser Premium

The Micro Small and Medium Enterprises Act, 2006 (MSMED Act) has been enacted for the growth and regulations of micro, small and medium enterprises (MSME) in India. It aims to facilitate the promotion, development and enhance the competitiveness of MSMEs.   The act also provides for

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Government’s Initiative and Challenges for Manufacturing Sector

The government of India adopted a series of measures to improve the economic situation including major reforms undertaken under the Atmanirbhar package to include Credit Guarantee for MSME loans, sectoral structural reforms, reduction in compliance burden and single window systems for clearances.  To boost the

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Investments Scenario in the Manufacturing Sector

Talking about investments in this sector, as per the statistics shared by the Ministry of Commerce and Industry, India has registered the highest ever annual FDI inflows of USD 81.97 billion in 2020-2021. Furthermore, from April 2000 to March 2020, the Cumulative Foreign Direct Investment

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MSME Registration Benefits- Sheena Ogra

The Micro, Small and Medium Enterprises (“MSMEs”) form the foundation of India’s economy and are integral for the growth of employment, entrepreneurship and production in India. The functioning of the MSMEs in India is under the control of the Ministry of Micro, Small and Medium

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Section 148 of the Income Tax Act

Section 148 of the Income Tax Act, has been amended along with the insertion of new Section 148A by the Finance Act, 2021. With this, the process of reassessment has been revised and now the Assessing Officer has to comply with the provisions of Section

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Tax Holiday for Startups

There has been an increasing interest of global investors in Indian Startups. The startups are also playing a vital role in the economic growth of the country. The Government is also providing incentive schemes for start-ups to motivate more entrepreneurs. Watch Now LawWiser’s explainer on

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Pre-Construction Approvals for Manufacturing Factories

The aim of the Indian legislature has been to streamline the process but not make it cumbersome. For the set-up of a Manufacturing factory in India, a manufacturer is required to obtain pre-construction approvals from various government authorities. The requirements may vary from state to

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Factory Licensing – Procedure and Renewals

The Factory Act, 1948, was introduced to protect the workers and to ensure that the owner is providing a healthy environment. As per the Factory Act 1948, every factory owner must register their premises with the local authorities before commencing their business. Factory License acts

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National Manufacturing Competitiveness program

Tune in to watch the LawWiser video on National Manufacturing Competitiveness Program by Ramanpreet Singh Sidhu, Associate, Athena Legal. In this video Ramanpreet explains this program and details of various schemes that are offered under this for MSMEs.  National Manufacturing Competitiveness Program (NMCP) was introduced

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Proposed tokenisation of cards by the RBI

Watch now #LawWiser premium video on “Proposed Tokenisation of Cards by the RBI” featuring Gaurav Bhalla, Partner at Ahlawat and Associates sharing useful insights on RBI card tokenisation. Gaurav explains the background, how tokenisation works, types of tokenisation, applicability, effects and much more in this

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PLI scheme for textile industry

PLI (Production Linked Incentive) Scheme – Textile Industry

Production Linked Incentive is also commonly known as PLI scheme. This PLI scheme offers incentives on incremental sales from items produced in India over the base year. Apart from scaling up local production, the scheme also seeks to curb cheaper imports and reduce import bills.

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Intellectual property infringement explainer and discussion. watch the video now

Intellectual Property Infringement

Intellectual Property is the product of a person’s intellect that gives exclusive rights to its creator. With the growth of the Internet and digitalization, Intellectual Property infringement and theft have emerged as major issues globally. Intellectual Property infringement for an instance generally refers to unauthorized

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LawWiser | Pre-Packaged Insolvency | Mukund P Unny

In Conversation – Pre-Packaged Insovency

Watch this video where Mr. Mukund P Unny talks about Pre-pack insolvency. He touches upon various important points right from the basics. It’s a newly announced policy and the effect of it is yet to be seen. In light of that, he analyses the impact

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Codes on wages

Code On Wages by Rajendra Misra – Explainer

The Labour laws have been consolidated into 4 Codes and this video focuses on one of the – Code on Wages, 2019. As part of LawWiser’s Expert #Explainer series, Rajendra Mishra, General Counsel, IHCL helps us understand this new Code on Wages that has subsumed

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LawWiser | The Race for Clean Environment Part 2 | Full Feature

In Conversation -The Race for Clean Environment Part 2

Statistically, India is one of the largest producers of waste across the globe. Hence, waste management is a big concern in the country! Watch Shujath Ali, General Counsel & Chief Compliance Officer, Ramky Enviro Engineers Ltd, decoding the regulation and issues revolving around waste management

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The Race for a Clean Environment - Part -1

In Conversation – The Race for a Clean Environment, Part -1

Are we doing enough for the environment? While we need continuous and effective efforts to protect and safeguard the environment, the legislation plays an important role to ensure these efforts are implemented properly. LawWiser #InConversation with Shujath Ali, General Counsel, and Chief Compliance Officer, Ramky

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Understanding The Regulations In Medical Devices

Medical devices have been used to treat and diagnose disease since antiquity. The regulations in medical devices has developed much more slowly than that of medicines, which commenced in the late 1960s. The Indian law that regulates the quality and safety of medical devices has

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Steering Through Fundraising in the EV (Electric Vehicle) Sector, EV sector update

Steering Through Fundraising in the EV (Electric Vehicle) Sector

India has seen a proliferation of startups in the Electric Vehicle (EV) space in the past few years on the back of the government’s vision for 2030, improving charging infrastructure and reducing carbon emissions apart from increased investor’s’ interest. LawWiser brings discussion on “Steering through

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