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Notifications/Circulars

Guidelines on Claim processing for Group Insurance Policies

March 3, 2017 3054 Views 0 comment Print

The Authority issued Guidelines on Claim Processing for Group Life Insurance Policies under Lender Borrower Schemes vide cir ref: IRDA/Life/Cir/GDL/285/12/2014 dated 29/12/2014 which provided that insurers may settle the outstanding loan amounts to certain categories of Master Policyholders prescribing therein the procedure to be adopted.

Minimum rates of wages in Delhi wef 3rd March 2017

March 3, 2017 13422 Views 0 comment Print

Government of National Capital Territory of Delhi is pleased to revise, the minimum rates of wages for the class of workmen/employees mentioned in all the Schedule employments as mentioned in earlier notification no. F.12 (1)142/11/MW/Lab/ 2023-2047 dated the 26th July, 2011, in the National Capital Territory of Delhi, namely:

FEM(Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2017

March 3, 2017 7785 Views 0 comment Print

G.S.R. 188 (E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000

Courier Imports and Exports (Clearance) Amendment Regulations, 2017

March 3, 2017 1785 Views 1 comment Print

1. (1) These regulations may be called the Courier Imports and Exports (Clearance) Amendment Regulations, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Exposure Draft on Information and Cyber Security Framework for Insurance Sector

March 2, 2017 1905 Views 0 comment Print

Cyber security in financial sector has gained importance, more so with the advent of technological innovations. In this connection, IRDAI has planned to come out with a comprehensive Information and cyber security framework for Insurance sector covering various aspects for designing a suitable information & cyber security policy by the regulated entities, establishment of appropriate Governance structure for implementation of Information & Cyber Security policy and audit mechanism to mitigate cyber risks.

Migration of Service Tax Assessees to GST: – Reg.

March 2, 2017 3768 Views 0 comment Print

As you are aware that, the process of migration of the existing Service Tax assesses to GSTN is on. All the existing Service Tax assesses have been assigned provisional user ID and password for migration which can be viewed at www.aces.gov.in.after login with your current TIN and Password.

Procedure for Scanning of DPD containers at Custom Port

March 2, 2017 3510 Views 0 comment Print

I. All selected DPD containers will generally be scanned at Mobile Scanner except for specific containers selected for fixed scanner. Containers found Clean will continue with out of charge process.

CBEC amends Notification No. 62/94 Customs (N.T), dated 21.11.1994

March 2, 2017 1749 Views 0 comment Print

CBEC, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 62/94 –Customs (N.T), dated the 21stNovember, 1994, published in the Gazette of India, Extraordinary, vide number S.O. 829 (E), dated the 21stNovember, 1994, namely:-

Infrastructure Financing- Definition of ‘Infrastructure Lending’

March 2, 2017 1941 Views 0 comment Print

Updated Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 are enclosed.

Rate of exchange of conversion of foreign currency WEF 03.03.2017

March 2, 2017 1128 Views 0 comment Print

Central Board of Excise and Customs hereby determines rate of exchange of conversion of each of foreign currencies WEF 3rd March, 2017.

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