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Goa to issue ordinance to reduce compliance burden for businesses | Goa News

Panaji: State govt will issue the Goa Jan Vishwas (Laws Amendment) Ordinance, 2025, to promote a business-friendly regulatory environment by reducing the compliance burden on enterprises and citizens and reducing the risk of criminal prosecution for procedural or technical lapses for industries.The ordinance will be issued to enhance trust-based governance by replacing criminal penalties with…

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Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules

The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…

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Trade compliance push: Commerce Ministry maps global non-tariff rules; exporters asked to share data

The commerce ministry has begun a detailed mapping of mandatory and voluntary non-tariff measures across major global markets as part of a new effort to strengthen export quality and technical compliance.In a note, the Directorate General of Foreign Trade (DGFT) said it is compiling a database of regulatory requirements — including certifications, testing protocols, inspections,…

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Compliance reform: Sebi tweaks RPT rules to set turnover-linked thresholds; relaxes disclosures for small deals

Markets regulator Sebi has introduced a new turnover-linked framework to define what qualifies as a material related party transaction (RPT), shifting from a fixed cap-based approach in a bid to resolve ambiguities and streamline compliance under the Listing Obligations and Disclosure Requirements (LODR) norms.The regulator has also revised audit committee approval thresholds for RPTs executed…

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Labour reforms: ILO chief stresses social dialogue; experts flag compliance, transition challenges

International Labour Organization Director-General Gilbert F Houngbo on Friday said social dialogue between government, employers and workers will remain essential as India implements the four labour codes to ensure the reforms benefit both labour and industry.“Following with interest developments of India’s new Labour Codes announced today, including on social protection & minimum wages,” he said…

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Steel sector norms: Government extends exemption from quality compliance; here’s the next deadline

The government has postponed the implementation of mandatory quality standards for certain imported steel and stainless-steel products until March 2026, in order to secure the supply of crucial steel items. Quality Control Orders (QCOs), which prevent non-BIS-compliant steel from entering the country, had earlier seen certain exemptions. The Ministry of Steel had allowed specified steel…

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NCW seeks strict POSH compliance; UGC tells colleges to submit reports and step up training

The National Commission for Women (NCW) has issued a directive calling for renewed scrutiny of the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, across Higher Educational Institutions (HEIs). In a letter circulated to universities and colleges, NCW has stressed the need for uniform, fully functional redressal systems…

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Tech jobs: GCC sector may add up to 4 million jobs by FY30, faces tougher compliance norms in India, says report

India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…

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Chhattisgarh HC criticises trial courts for long adjournments and urges speedy trial compliance | Raipur News

RAIPUR: The Chhattisgarh High Court has strongly criticised the tendency of trial courts to grant long adjournments, even in cases where the accused is in judicial custody, terming it a violation of the fundamental right to a speedy trial guaranteed under the Constitution. Observing that such delays defeat the purpose of justice delivery, the court…

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Sustainability push: Tea Board urges strict food safety compliance; new code promotes eco-friendly pest control and worker welfare

The Tea Board has called on the industry to adopt food safety standards more effectively, saying compliance will be critical for long-term sustainability and competitiveness in both domestic and global markets.Releasing its new Plant Protection Code (PPC), the Board said adherence to food safety norms would not only protect the plantation ecosystem but also ensure…

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