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Consumer Protection Act 2019- Things to know

July 22, 2020 1461 Views 0 comment Print

CONSUMER PROTECTION ACT Consumer Protection Act, 1986 Act 1986 ➢ provided for a three-tier consumer dispute redressal machinery at the National (NCDRC), State ( State Commissions) and District levels ( District Fora) SALIENT FEATURES OF Consumer Protection Act, 2019 Consumer Protection Councils Central Consumer Protection Authority (CCPA) Simplified Dispute Resolution Process Mediation Product Liability Rules […]

Master Circular on Standardization of Health Insurance Products

July 22, 2020 5214 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref: IRDAI/HLT/REG/CIR/193/07/2020 22nd July, 2020 All Insurers (excluding specialized insurers) and TPAs, wherever applicable Sub: Master Circular on Standardization of Health Insurance Products 1. Objective: 1.1 The extant IRDAI (Health Insurance) Regulations 2016 were notified on 18th July, 2016 superseding IRDA (Health Insurance) Regulations 2013. 1.2 The Guidelines […]

SEBI (Settlement Proceedings) (Amendment) Regulations, 2020

July 22, 2020 1383 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Settlement Proceedings) (Amendment) Regulations, 2020. They shall come into force on the date of their publication in the Official Gazette.

Export Policy of Personal Protection Equipment/Masks amended

July 21, 2020 945 Views 0 comment Print

Notification No. 14 dated 22.06.2020 is amended to the extent that only surgical drapes, isolation aprons, surgical wraps and X-Ray gowns are removed from prohibition under the medical coveralls of all classes and categories. All other items as described above, including other types of medical coveralls of all classes and categories, exported against the mentioned […]

Procedure for EXPORT OF SAMPLES of PPE Medical Coveralls for COVID-19

July 21, 2020 693 Views 0 comment Print

The procedure for issuance of export license for sending: samples of PPE Medical Coveralls for COVID-19 is outlined below: I. Export of quantity up to 50 units of ‘PPE medical coveralls for Covid-19’ samples per IEC per country will be allowed.

Suggestions for review of Customs duty exemption notifications/laws & procedures

July 21, 2020 900 Views 0 comment Print

It was also announced that suggestions would be invited in respect of the Customs laws and procedures for aligning them with the needs of changing times and ease of doing business.

5 year post qualification experience must for registration as RV: IBBI

July 21, 2020 2472 Views 0 comment Print

IBBI held that addition to the issue related to valid educational qualification, it is to point out that the applicant does not possess the mandatory experience of 5 years after obtaining the requisite educational qualification. On this ground too, the application does not survive. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central […]

Covid-specific standard health indemnity policy ‘Corona Kavach’

July 21, 2020 480 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:– Date: 21-07-2020 Covid-specific standard health indemnity policy “Corona Kavach” PRESS RELEASE 1. As stipulated by IRDAI, all 30 insurers offering health insurance have started offering Covid-specific standard health indemnity policy called “Corona Kavach” to the public with durations of 3 and a half, 6 and a […]

Filing of ‘Corona Kavach Policy’ as group health insurance product allowed

July 21, 2020 624 Views 0 comment Print

All the general and health insurance companies (insurers) were mandated to offer Individual Covid Standard Health product, Corona Kavach Policy. Insurers are hereby allowed to offer Corona Kavach Policy as group product by duly complying with the norms specified.

Identifying eligible beneficiaries under PM-KISAN Yojana: CBDT to share info

July 21, 2020 1161 Views 0 comment Print

Central Government hereby specifies Joint Secretary (Farmers welfare), Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Government of India, for the purposes of the said clause in connection with sharing of information regarding income-tax assessees for identifying the eligible beneficiaries under PM-KISAN Yojana.

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