The desirability of adopting total digital means of doing business in the interests of policyholders and other stakeholders exemption is allowed for six months more by Competent Authority under Proviso to Regulation 4(iii) of the Referred Regulations, from the requirement to issue policy document, copy of proposal form in physical form. The exemption is subject to
Approval for notifying Commissioners of Income-tax (Appeals) to exercise jurisdiction over the cases under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015- reg.
1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.
With advancement in technology and improved automation of processes, it was felt that the extant framework needs to be re-examined with a view to reducing the time period specified for moving from Primary Data Centre (PDC) to DRS.
The week gone by had begun on a positive note. A Departmental Screening Committee meeting was held for ad-hoc promotions from the grade of Senior Translator to the grade of Assistant Director (Official Language). Due to this, 14 officers are likely to get promoted as AD (OL).
Based on the representation of the Mutual Fund Industry to consider a glide path for implementation of the policy and request of other stakeholders, it has been decided that the deemed residual maturity for the purpose of valuation of existing as well as new bonds issued under Basel III framework shall be as below:
National Bank for Financing Infrastructure & Development Bill, 2021 establish the National Bank for Financing Infrastructure and Development to support the development of long term non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto.
With regard to the Trading halt at NSE on February 24, 2021, NSE presented its detailed Root Cause Analysis (RCA) before SEBI Technical Advisory Committee (TAC) on March 22, 2021.
Central Government hereby notifies the annual quota for the fiscal year 2021–22 for the following items of Chapter 7 of the Indian Trade Classification (Harmonized System), 2017, Schedule-1 (Import Policy):
Government hereby extends the last date for import of 1.5 Lakh MT of Urad [Beans of the SPP Vigna Mungo (L.) Hepper] under HS Codes 0713 31 10, 0713 90 10 and 0713 90 90 of Chapter 7 of ITC (HS), 2017, Schedule – I (Import Policy), for the fiscal year 2020-21, from 31st March, 2021 to 30th April, 2021.