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Premium Rates for Motor Third Party Liability Insurance Cover 

March 27, 2020 1431 Views 0 comment Print

It is hereby notified that by virtue of powers vested in the Authority under Section 14 (2) (i) of IRDA Act, 1999, the IRDAI hereby extends the validity of premium rates set out in the aforementioned Order beyond 31st March, 2020, until further notice.

Basel III Capital Regulations – Review of transitional arrangements

March 27, 2020 855 Views 0 comment Print

As announced in para 9 of the Statement on Developmental and Regulatory Policies issued along with the Seventh Bi-monthly Monetary Policy Statement 2019-20, the implementation of the last tranche of 0.625% of Capital Conservation Buffer (CCB) shall stand deferred from March 31, 2020 to September 30, 2020.

RBI defers implementation of NSFR guidelines by six months

March 27, 2020 1062 Views 0 comment Print

On a review, it has now been decided to defer the implementation of NSFR guidelines by six months. These guidelines will now come into effect from October 1, 2020 as against April 1, 2020.

CBIC notifies Rate of Exchange of Foreign Currencies wef 28.03.2020

March 27, 2020 561 Views 0 comment Print

CBIC notifies Rate of Exchange of Norwegian Kroner and  Pound Sterling against India Rupees wef 28.03.2020 vide Notification No. 34/2020-Customs (N.T.), Dated: 27.03.2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 34/2020-Customs (N.T.) New Delhi, dated the 27th March, 2020 7 Chaitra 1942 (SAKA) […]

Grievance redressal cell resolve problems of food processing industry

March 27, 2020 951 Views 1 comment Print

Grievance redressal cell set up to resolve problems of food processing industry during COVID-19 lockdown: Union FPI Minister. MoFPI Secretary writes to states to ensure seamless production and distribution of essential food products

DGFT Helpdesk for COVID-19 related Export or Import issue

March 27, 2020 1158 Views 0 comment Print

For any COVID-19 related Export or Import issue, a Helpdesk has been operationalized by Directorate General of Foreign Trade (DGFT) in the Department of Commerce, Ministry of Commerce and Industry. Exporters/importers may directly flag their issues through any of the following channels –

Declare national financial emergency in Country in the wake of coronavirus

March 27, 2020 11055 Views 0 comment Print

Centre For Accountability And Systemic Change (CASC) has filed a petition in Supreme Court for direction to Ministry Of Home Affairs/Central Government to declare national financial emergency in the Country in the wake of the coronavirus (COVID-19) pandemic. Relevant text of the Petition is as follows:- MOST RESPECTFULLY SHOWETH: 1. Writ Petition in public interest […]

Finance Minister announces Rs 1.70 Lakh Crore relief package

March 26, 2020 4593 Views 1 comment Print

Finance Minister announces Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus

Allahabad HC extends interim/bail orders to April 26 amid COVID­19 Lockdown

March 26, 2020 750 Views 0 comment Print

All interim orders passed by the High Court of Judicature at Allahabad as well as at Lucknow, all the District Courts, Civil Courts,Family Courts, Labour Courts, Industrial Tribunals and all other Tribunals in the State over which this Court has power of superintendence, which have been expired subsequent to 19th March, 2020 or are due to expire within a period of one month from today, will continue to operate upto 26th April, 2020. We, however, make it clear that those interim orders which are not of a limited duration and are to operate till further orders will remain unaffected;

Madras HC extends interim orders until April 30 amid Novel Coronavirus

March 26, 2020 747 Views 0 comment Print

All interim orders passed by the High Court at Madras – Principal Bench that were subsisting as on 20th March, 2020 may stand extended till 30th April, 2020 unless vacated or modified earlier or until further orders of the Court unless specifically dealt with by any judicial order to the contrary.

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