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Notifications/Circulars

Covid-specific standard health indemnity policy ‘Corona Kavach’

July 21, 2020 624 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:– Date: 21-07-2020 Covid-specific standard health indemnity policy “Corona Kavach” PRESS RELEASE 1. As stipulated by IRDAI, all 30 insurers offering health insurance have started offering Covid-specific standard health indemnity policy called “Corona Kavach” to the public with durations of 3 and a half, 6 and a […]

SEBI Regulatory measures to continue till August 27, 2020

July 21, 2020 681 Views 0 comment Print

On review of the COVID-1 9 pandemic related situation, it has been decided that the regulatory measures introduced vide SEBI Press Release dated March 20, 2020, shall continue to be in force till August 27, 2020.

SEBI reviews Stress Testing Methodology for Positions with Early Pay-in

July 21, 2020 720 Views 0 comment Print

While calculating the residual losses as per ‘d’ and ‘f’ above, for positions on which early pay-in are given by the clients/brokers, and margin exemption are granted on such positions, CCs are permitted to consider the ‘margin exemption granted’ or ‘value of early paid-in goods’, whichever is lower, as ‘margins supporting those positions

Filing of ‘Corona Kavach Policy’ as group health insurance product allowed

July 21, 2020 768 Views 0 comment Print

All the general and health insurance companies (insurers) were mandated to offer Individual Covid Standard Health product, Corona Kavach Policy. Insurers are hereby allowed to offer Corona Kavach Policy as group product by duly complying with the norms specified.

Government notifies bodies/agencies | Section 138 | Income Tax

July 21, 2020 2472 Views 0 comment Print

Central Government specifies under Section 138(1)(a)(ii) following bodies/agencies 1. Cabinet Secretariat 2. Intelligence Bureau 3. Narcotics Control Bureau and 4. National Investigation Agency. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 53/2020-Income Tax New Delhi, the 21st July, 2020 S.O. 2411(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section […]

Draft Regulation related to Daily Product or Similar Products

July 21, 2020 2520 Views 0 comment Print

Analogue in the dairy context means an imitation product that is designed or structured to mimic, or offered as an alternative/replacement to, a milk or milk product or composite milk product as defined in these regulations by partial or full substitution of selected milk components with other components from non-dairy sources, or prepared by using non-dairy ingredient(s) exclusively or in combination with dairy ingredients.

Identifying eligible beneficiaries under PM-KISAN Yojana: CBDT to share info

July 21, 2020 1386 Views 0 comment Print

Central Government hereby specifies Joint Secretary (Farmers welfare), Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Government of India, for the purposes of the said clause in connection with sharing of information regarding income-tax assessees for identifying the eligible beneficiaries under PM-KISAN Yojana.

Section 10(46) exemption to Tamil Nadu e-Governance Agency

July 21, 2020 1461 Views 0 comment Print

Notification No. 50/2020- Central Government notifies ‘Tamil Nadu e-Governance Agency in respect of the specified income arising to the board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 21st July, 2020 Notification No. 50/2020-Income Tax S.O. 2403(E).—In exercise of the […]

Food Safety and Standards (Prohibition and Restrictions on Sales) First Amendment Regulations, 2020

July 21, 2020 963 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Prohibition and Restrictions on Sales) First Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

CBDT clarifies on Validly of section 194N exemptions

July 20, 2020 23160 Views 2 comments Print

CBDT clarifies that three Section 194N exemption notifications shall be deemed to be issued under fourth proviso to section 194N as amended by the FA, 2020.

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