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Champion Services Sector Scheme

March 24, 2021 795 Views 0 comment Print

Under the Champion Services Sector Scheme (CSSS) a total amount of Rs.3369.75 Cr for 3-5 years has been approved by the Expenditure Finance Committee based on the proposals submitted by the concerned Ministry/Department, details of which are at Annexure.

ICSI extends last date for Submission of June 2020 Exam Form

March 24, 2021 1107 Views 0 comment Print

ICSI: Extension of Last Date for Online Submission of Examination Form (without late fee) for June, 2021 Session of Examinations THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) March 24, 2021 ATTENTION STUDENTS Extension of Last […]

IRDAI extends exemption from Physical Insurance Proposal form till 30.09.2021

March 24, 2021 792 Views 0 comment Print

his has reference to IRDAI circular Ref: IRDA/NL/CIR/MISC/237/09/2020 dated  10th September 2020 on the above subject. The exemptions granted for issuance of electronic policies as well as dispensing with physical document and wet signature have been extended upto the period 30/09/2021.

IRDAI Advisory- Fraudulent messages / unsolicited commercial messages

March 24, 2021 471 Views 0 comment Print

All Insurers are hereby directed to register their templates of the messages with their respective telecom service providers in controlling unsolicited calls including fraudulent calls and massages from Insurers to the Policyholders.

Short term Covid specific health insurance policies

March 24, 2021 372 Views 0 comment Print

IRDAI permitted all general and health insurance companies to offer short term Covid specific health insurance policies vide circular ref. no: IRDAI/HLT/REG/CIR/156/06/2020 dated 23.06.2020 till 31st March, 2021.

CENVAT Credit on Inputs used in Fabrication of ‘Clean Room’ eligible to Pharma Companies

March 24, 2021 1872 Views 0 comment Print

Syncom Formulations (I) Ltd. Vs Commissioner (CESTAT Delhi) I find that admittedly, the appellant have used the disputed inputs for fabrication of clean room, which is essential for manufacture of their dutiable goods, as such clean room is  necessary for maintaining proper temperature and hygiene as well as keeping the RH factor in control, and […]

Fake GST ITC: Meerut Court Rejects Bail Application

March 24, 2021 1518 Views 0 comment Print

Vishan Gupta Vs State of U.P. (Meerut District Court) The applicant has been arrested and he has been explained the grounds of his arrest. The raid and search operation were conducted by the team of officers of Directorate General of GST intelligence on 25/­05/­2019 at the rented premises and during search some documents and Computer […]

RBI (Amalgamation of Urban Co-operative Banks) Directions, 2020

March 23, 2021 2214 Views 0 comment Print

(a) These Directions shall be called the Reserve Bank of India (Amalgamation of Urban Co-operative Banks) Directions, 2020. (b) These directions shall come into effect on the day it is placed on the official website of the Reserve Bank of India (RBI).

Conditional exemption from issue of Physical copy of Electronic Policies till 30.09.20201

March 23, 2021 660 Views 0 comment Print

The desirability of adopting total digital means of doing business in the interests of policyholders and other stakeholders exemption is allowed for six months more by Competent Authority under Proviso to Regulation 4(iii) of the Referred Regulations, from the requirement to issue policy document, copy of proposal form in physical form. The exemption is subject to

National Bank for Financing Infrastructure & Development Bill, 2021 introduced in Lok Sabha

March 22, 2021 819 Views 0 comment Print

National Bank for Financing Infrastructure & Development Bill, 2021 establish the National Bank for Financing Infrastructure and Development to support the development of long term non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto.

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