Order Specifying Forms and Physical Submission for Settlement of Arrears under the Maharashtra Settlement Act, 2025
Under the Maharashtra Settlement of Arrears Act, 2025, an application is required for the settlement of tax arrears. As various forms are needed to implement the Act, the Commissioner of State Tax has issued this order to specify the required forms and the manner of their submission.
Extension of Public Utility Service Status to Iron & Steel Industry
The Central Government had earlier, through Notification S.O. 815(E) dated February 14, 2025, declared the services of industries engaged in Iron and Steel (item 7 of the First Schedule) as a Public Utility Service (PUS) for six months, effective from February 17, 2025. This was done to ensure industrial peace and uninterrupted operations in this critical sector.
Bihar Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2025
The Bihar Legislature has enacted a new law to amend and consolidate the regulation of employment and service conditions for workers employed in shops and establishments. This Act aligns with modern labour practices and seeks to provide uniformity across the State, while ensuring worker welfare, health, and safety.
Exemption and Conditions for Employment of Women in Night Shifts in Factories in Punjab
This notification updates the rules for factories in Punjab employing women for night shifts, from 10:00 PM to 05:00 AM. It was created to amend earlier regulations that were first established after a High Court decision removed the legal ban on women working at night.
Changes in NSDL Depository System
To align with SEBI guidelines and investor charter requirements, NSDL has introduced enhancements to its Depository System. These changes are intended to improve processing timelines, strengthen compliance monitoring, and address operational issues faced by Participants in securities settlement.
Advisory: Updated AATO on NIC-IRP Portal
From September 1, 2025, the Aggregate Annual Turnover (AATO) displayed on the NIC e-Invoice Portals (einvoice1.gst.gov.in and einvoice2.gst.gov.in) will be automatically aligned with turnover data from the GST system. This ensures consistency and avoids mismatches between GST filings and e-invoicing records.
User Manual on Project Registration Module of UP RERA Web Portal
The registration is a multi-step digital process on the U.P. RERA web portal where promoters must provide comprehensive details and documents for their real estate projects.
Revised Eligibility for Direct Listing of Companies on BSE Main Board
BSE has updated the eligibility criteria for companies listed on other recognised stock exchanges seeking direct listing on the Main Board. The changes are applicable from August 11, 2025.
Revision in the Eligibility Criteria for Migration of SME Companies to Main Board
BSE has revised the eligibility criteria for SMEs migrating to the Main Board to ensure only financially sound and liquid companies move up. The revised norms are applicable from August 11, 2025, the date of BSE’s media release.
ESIC—Aadhaar Authentication Now Voluntary, Alternate IDs Accepted
The Ministry of Labour and Employment has clarified via S.O. 3792(E) that Aadhaar authentication by the Employees’ State Insurance Corporation (ESIC) is now completely voluntary. ESIC must: