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EPFO Instructions on verification of Character & Antecedents on appointment

November 7, 2024 2475 Views 0 comment Print

EPFO issues guidelines for verifying character and antecedents of employees within six months of appointment to ensure integrity in government service.

RBI Adds Sovereign Green Bonds to Non-Resident FAR Investment

November 7, 2024 939 Views 0 comment Print

RBI allows non-resident investment in 10-year Sovereign Green Bonds under Fully Accessible Route. New directive effective immediately from November 7, 2024.

Exposure draft – IRDAI (Regulatory Sandbox) (Amendment) Regulations, 2024

November 4, 2024 483 Views 0 comment Print

IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments are invited until November 25, 2024.

IRDAI Drafts New Regulations for Data Maintenance

October 30, 2024 1020 Views 0 comment Print

IRDAI proposes new regulations for insurers to maintain and share information securely. Comments requested by November 20, 2024.

Clarification on Deletion of Daughter’s Name in Pension Records

October 30, 2024 1692 Views 0 comment Print

Govt clarifies that a daughter’s name cannot be deleted from a pensioner’s family record, with eligibility for family pension decided as per rules after pensioner’s demise.

Revised Dearness Relief for Central Govt Pensioners at 53%

October 30, 2024 912 Views 0 comment Print

The Department of Pension announces a Dearness Relief hike to 53% for Central Govt pensioners and family pensioners, effective July 1, 2024.

RBI Mandates Certified Note Sorting Machines

October 30, 2024 5004 Views 0 comment Print

From May 2025, banks must use only BIS-certified note sorting machines per RBI’s new standards to enhance banknote processing efficiency.

Electronic Filing of Forms 3CEDA and 3C-O from Oct 31, 2024

October 30, 2024 1272 Views 0 comment Print

CBDT issues Notification No. 5/2024 for mandatory electronic filing of Forms 3CEDA and 3C-O under Income Tax Rules, effective from October 31, 2024.

IFSCA (Market Infrastructure Institutions) (Amendment) Regulations, 2024

October 29, 2024 1224 Views 0 comment Print

IFSC Authority updates Market Infrastructure Institutions Regulations, 2024, enhancing governance, key personnel roles, and trading hours in financial markets.

RBI Updates Directions for Central Counterparties (CCPs)

October 28, 2024 1587 Views 0 comment Print

RBI announces new governance and operational directions for Central Counterparties to enhance compliance and management standards.

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