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Circulars

Extension of timelines for Issuance of Electronic health insurance policies

September 14, 2021 279 Views 0 comment Print

Timelines for (a) Issuance of electronic policies and (b) dispensing with physical signatures and wet signature on the proposal form in respect of health insurance policies, stand extended up to 31st March,2022.

Code of Conduct & Ethics for Directors & KMP of recognized MIIs in GIFT-IFSC

September 13, 2021 702 Views 0 comment Print

Code of Conduct and Code of Ethics for the Directors and Key Management Personnel (KMP) of recognized Market Infrastructure Institutions (MIIs) in GIFT-IFSC

Short term Covid specific health insurance policies permitted till 31.03.2022

September 13, 2021 555 Views 0 comment Print

Extension of timelines for sale and renewal of short term Covid specific health insurance policies- Corona Kavach Policies and Corona Rakshak Policies are permitted to be offered and renewed by all insurers up to 31.03.2022.

IRDAI extends exemption from physical proposal form & wet signature till 31.03.2022

September 13, 2021 801 Views 0 comment Print

The exemptions granted for issuance of electronic policies as well as dispensing with physical document and wet signature have been extended upto the period 31/03/2022.

Application for Aadhaar e-KYC Authentication Licence

September 13, 2021 1407 Views 0 comment Print

A detailed procedure for processing of applications under the aforementioned Section for use of Aadhar authentication services by entities other than banking companies has been provided by the Department of Revenue, Ministry of Finance vide their circular dated May 9, 2019.

Relief in Average Export Obligation in terms of para 5.19 of HBP of FTP 2015-20

September 10, 2021 2511 Views 0 comment Print

All Regional Offices are requested to re-fix the Annual average export obligation for EPCG Authorizations for the years 2019-20 and 2020-21 accordingly. Reduction, if any. in the FO should be appropriately endorsed in the licence file of the Office of RA as also in the amendment sheet to be issued to the EPCG Authorisation holder.

CBDT extends due dates of ITR & various Audit reports for AY 2021-22

September 9, 2021 95505 Views 5 comments Print

The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st December, 2021;

Title Insurance Products

September 8, 2021 1557 Views 1 comment Print

Title insurance is a form of indemnity insurance that protects a potential owner of a property against financial loss from defects in title to real property. The policy is a retrospective one where the insured is protected against losses arising from the events that occurred prior to the date of issuing the policy.

Product Structure for Cyber Insurance

September 8, 2021 558 Views 0 comment Print

Insurance Regulatory and Development Authority of India Circular Ref. No: IRDAI/NL/CIR/MISC/242/09/2021 Date:08-09-2021 ALL GENERAL INSURERS (Other than Stand Alone Health Insurers and Specialised Insurers) Re: Product Structure for Cyber Insurance There are rising incidences of cyber attacks along with a growing number of high profile data breaches. The online exposures for individuals, business organizations, offices and other […]

Account Details for fee to be remitted to IFSCA

September 8, 2021 798 Views 0 comment Print

INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY CIRCULAR IFSCA-PLNP/1/2021-Capital Markets/001 September 08, 2021 To, The entities required to pay fee to IFSCA Subject: Account Details for fee to be remitted to IFSCA The fee as specified in the relevant circular(s) of IFSCA need to be remitted to the following account of IFSCA in USD: Account Name: International […]

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