TeamLease subsidiary develops SAAS platform for compliance of legal guidelines by meals, agri companies

TeamLease RegTech, a subsidiary of TeamLease companies, has developed a software program as a service (SAAS) platform which helps meals and agriculture companies to care for compliance of varied legal guidelines of the land. For instance,  a meals firm has to adjust to Meals Security and Requirements Authority of India (FSSAI) legal guidelines. It has … Read more

Commerce Division to shoulder exporters’ GST woes

The Commerce Division has determined to take up with the GST Council and the Finance Ministry the GST associated issues confronted by exporters, similar to problems with compliance, refunds and audits, to make sure speedy redressal of grievances, sources have stated. Exporters have been complaining about receiving show-cause notices from GST authorities, both suo moto … Read more

CCI tightens grip on large tech with new settlement and dedication monitoring laws

In a big transfer geared toward enhancing regulatory oversight, and guaranteeing compliance, the Competitors Fee of India (CCI), has proposed new laws to watch the settlements, and commitments of trade giants.  Additionally learn:New CCI laws: Tightening the reins on confidential info The CCI’s newly issued session paper, and draft laws, guarantees to usher in a … Read more

MahaRERA flags 212 initiatives for lack of building updates, elevating issues

The Maharashtra Actual Property Regulatory Authority (MahaRERA) has flagged 212 initiatives within the state, launched throughout January to April 2023, that haven’t up to date the regulator about their building standing, elevating doubts about their progress and concern that they will not be conserving to their timelines. MahaRERA has made it obligatory for all initiatives … Read more

Maharashtra RERA proposes obligatory separate financial institution accounts for actual property builders

The Maharashtra Actual Property Regulatory Authority has floated a dialogue paper that mooted that actual property builders ought to open three financial institution accounts in a single financial institution earlier than they will apply to register a undertaking. The three accounts ought to be a set account for the undertaking, a separate account for the … Read more

How can fintechs defend themselves from pretend accounts on their platforms? Rishi Agrawal, CEO and co-founder of TeamLease RegTech explains  

The dialogue between Rishi Agrawal, CEO and co-founder of TeamLease RegTech, and businessline’s Lokeshwarri SK, sheds mild on the sequence of occasions resulting in the RBI’s resolution to halt deposit-taking and sure operations of Paytm Funds Financial institution. Agrawal explains that whereas the regulatory improvement could seem to be a sudden response, it’s really the … Read more

As MahaRERA cracks whip, builders hurry to file progress studies

With the Maharashtra Actual Property Regulatory Authority cracking down on builders who fail to furnish their quarterly progress studies (QPRs) on time, compliance ranges have elevated remarkably within the state. Of the 480 initiatives registered in April, 222 filed quarterly progress studies inside the prescribed time. Within the occasion of non-compliance, MahaRERA places initiatives on … Read more