NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and operational data from over 1.21 lakh enterprises. The survey is designed to strengthen evidence-based policymaking, economic analysis, and National Accounts compilation.
IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with GIC Re. The amendment excludes premiums ceded to specified insurance pools from the cession requirement.
The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness programmes. It also introduces governance and audit mechanisms for effective fund administration.
The Department of Posts has introduced Aadhaar-based e-KYC operations in Branch Post Offices, enabling paperless deposits, withdrawals, and account interoperability. The order strengthens digital banking while mandating mobile-linked accounts for secure transactions.
KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural ambiguities, and compliance challenges. The representation also seeks detailed guidance to ensure uniform and error-free appeal filings.
The NCLT Ahmedabad refused to condone a 4,215-day delay in filing an appeal for restoration of a struck-off company. The Tribunal held that the delay was not satisfactorily explained and the alleged subsisting bank charge no longer existed, leaving no sufficient cause for condonation.
