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IRDAI release formats for collection of Rural Insurance data

March 2, 2021 615 Views 0 comment Print

In order to monitor the performance of Rural Insurance Business and support the development of policy and regulation for promoting rural insurance business, it is necessary to analyses data pertaining to Rural Insurance. It has therefore been decided to collect data as follows:

Code on Wages (Central Advisory Board) Rules, 2021

March 1, 2021 5400 Views 0 comment Print

(1) These rules may be called the Code on Wages (Central Advisory Board) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Master Circular on Surveillance of Securities Market

March 1, 2021 1128 Views 0 comment Print

In order to moderate sharp and destabilizing price movements in shares of companies, to encourage better price discovery and to increase transparency in securities market, SEBI in consultation with Stock Exchanges has decided to adopt following measures:-

Fake invoices with a face value of Rs. 3308 crore unearthed

March 1, 2021 1410 Views 0 comment Print

I am happy to note that the anti-evasion teams of Jaipur and Alwar CGST Commissionerates have used data analytics to unearth a large case of fraudulent ITC availment, involving fake invoices with a face value of Rs. 3308 crore by several non-existent firms registered in Jaipur. These firms had fraudulently availed ITC of about Rs. 83.37 crore and also passed on ITC of Rs 85.26 crore. So far, eight persons have been arrested and further investigations are in progress. Congratulations to the officers of both the Commissionerates.

Health insurance policy Information to be given to policyholders

March 1, 2021 1314 Views 0 comment Print

While the policy document is forwarded with relevant information, in order to continue the relationship with policyholders and to ensure information flow, it is considered. important to periodically notify the policyholders. pertain relevant and key details relating to health insurance coverage available to the policyholders.

SEBI issues Consultation paper on ‘Review of Regulatory Provisions related to Independent Directors’

March 1, 2021 3603 Views 0 comment Print

SEBI has over the years, strengthened the institution of independent directors (IDs) through the recommendations of various committees as also through stakeholder consultations. However, concerns around the efficacy of independent directors as a part of corporate governance framework continue.

Government notifies cricket events of national importance

March 1, 2021 1257 Views 0 comment Print

Central Government hereby notifies the sporting events with respect to cricket, as the sporting events of national importance, namely:- 1. All official One-Day and Twenty-20 matches played by the Indian Men’s Cricket Team and such Test matches as are considered to be of high public interest by the Central Government; 2. Semi-finals and finals of Men’s World Cup and International Cricket Council Championship Trophy.

Government notifies sporting events of national importance

March 1, 2021 2280 Views 0 comment Print

Central Government hereby notifies following events as sporting events of national importance, namely:- 1. Summer Olympics 2. Commonwealth Games 3. Asian Games 4. Special Olympics

Extradition Treaty between India & Afghanistan

March 1, 2021 1401 Views 0 comment Print

The Government of the Republic of India and the Government of the Islamic Republic of Afghanistan; hereinafter referred to as contracting states; Desiring to make more effective the cooperation of the two countries in the suppression of crime by making further provision for the reciprocal extradition of offenders;

Wildlife Crime Control Bureau notified under PML Act, 2002

March 1, 2021 789 Views 0 comment Print

Central Government notifies Wildlife Crime Control Bureau In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of the Prevention of Money-laundering Act, 2002.

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