Amendment Act

Simplifying Land Conversion in Maharashtra: The Maharashtra Land Revenue Code (Second Amendment) Bill, 2025

Summary: The blog discusses the Maharashtra Land Revenue Code (Second Amendment) Act, 2025 which marks a significant shift in land governance. It simplifies procedures for conversion to non‑agricultural use and reduces regulatory approvals, where such use is permitted under planning laws. By streamlining permissions and introducing a one‑time premium model in lieu of recurring non‑agricultural assessment, the amendment seeks to accelerate development while modernising revenue administration.Continue Reading Simplifying Land Conversion in Maharashtra: The Maharashtra Land Revenue Code (Second Amendment) Act, 2025

FDI Liberalisation in Insurance Companies and Harmonisation of Insurance Regulations What Has Changed in the Year Gone By

The Union Budget 2021-22 announced the proposal to liberalise Foreign Direct Investment (“FDI”) in Indian insurance companies from the existing 49% to 74% with effect from August 2021. The aforesaid proposal was subsequently formalised by way of introduction of the Insurance (Amendment) Act, 2021 (“Amendment Act”), to amend the Insurance Act, 1938. Please click here to refer to our earlier blog for more details in this regard.Continue Reading FDI Liberalisation in Insurance Companies and Harmonisation of Insurance Regulations: What Has Changed in the Year Gone by?