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Health Insurance -Revised Norms on Proportionate Deductions

June 11, 2020 2949 Views 0 comment Print

Where as part of product design insurers propose proportionate deduction of the ‘associated medical expenses’ when a policyholder chooses a higher room category than the category that is eligible as per terms and conditions of the policy, insurers shall define ‘associate medical expenses’ in the terms and conditions of policy contract.

Allow telemedicine as part of claim settlement of policy: IRDAI

June 11, 2020 399 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No: IRDAI/HLT/REG/CIR/149/06/2020 Date:11-06-2020 To All General and Health Insurers (except ECGC, AIC) Re: Guidelines on Telemedicine: 1. Medical Council of India has issued ‘Tele Medicine practice guidelines’ on 25th of March 2020, enabling registered Medical Practitioners to provide Healthcare using Tele Medicine. 2. In the above background, […]

Valuation – An Art or science?

June 11, 2020 14583 Views 0 comment Print

Tanvi Pahwa* In today’s dynamic world every organisation feels the need to know the worth of value of its assets, business or even the company.  Valuation in simple terms means the economic value or worth of a business, asset or company.

Filing NIL Form GSTR-3B through SMS on GST Portal

June 9, 2020 1251 Views 0 comment Print

1. A taxpayer may now file NIL Form GSTR-3B, through an SMS, apart from filing it through online mode, on GST Portal. 2. To file NIL Form GSTR-3B through SMS, the taxpayer must fulfill following conditions: -They must be registered as Normal taxpayer/ Casual taxpayer/ SEZ Unit / SEZ Developer. -They have valid GSTIN. -Phone […]

Govt withdraws duty Concession on Bamboo import for Agarbatti manufacturing

June 9, 2020 1053 Views 0 comment Print

CBIC further amens notification No. 50/2017-Cus dated 30.06.2017 so as to withdraw the concessional rate of 10% available to the import of Bamboo for the manufacture of Agarbattis, and to levy a uniform rate of 25% on import of Bamboos [HS 1401 10 00] vide Notification No. 27/2020-Customs dated- 9th June, 2020. GOVERNMENT OF INDIA […]

Govt imposes Anti-dumping duty on import of Flexible Slabstock Polyol

June 9, 2020 2331 Views 0 comment Print

Seeks to impose anti-dumping duty on import of Flexible Slabstock Polyol originating in or exported from Singapore for a period of 5 years, in pursuance of sunset review final findings issued by DGTR. Notification No. 14/2020-Customs (ADD) Dated 9th June, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 14/2020-Customs (ADD) New […]

SEBI Relaxes eligibility conditions related to Fast Track FPO

June 9, 2020 3990 Views 0 comment Print

SEBI relaxes eligibility conditions related to Fast Track Further Public Offer (FPO) as contained in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CIR/CFD/DIL/85/2020 June 09, 2020 To, All Recognized Stock Exchanges  All Registered Merchant Bankers Dear Sir/Madam, Sub: Relaxations from certain provisions of the SEBI […]

Mahavat criteria for selection of cases for assessment scheme-2020

June 9, 2020 1326 Views 0 comment Print

Criteria for selection of the cases for assessment  under Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment (Amendment) Scheme, 2020. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Raiguru Chowk, Mantralaya, Mumbai 400032, dated the 9th June, 2020. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1520/C.R. 45/Taxation-1.—I […]

Draft Employees’ State Insurance (Central) Amendment Rules, 2020

June 9, 2020 1695 Views 1 comment Print

Draft Employees’ State Insurance (Central) Amendment Rules, 2020 MINISTRY OF LABOUR OF EMPLOYMENT NOTIFICATION New Delhi, the 9th June, 2020 G.S.R. 359(E).— The following draft of certain rules further to amend the Employees’ State Insurance (Central) Rules, 1950 which the Central Government, after consultation with the Employees’ State Insurance Corporation, proposes to make, in exercise […]

SEBI Relaxation to listed issuers who intend/propose to list their NCD/NCRPS/CPs

June 8, 2020 717 Views 0 comment Print

In order to enable listed issuers who intend/propose to list their NCD/NCRPS/CPs, it has been decided to grant the following relaxations in timelines:

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