IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detection, prevention & response.
The Ministry of Commerce amended the export policy for non-Basmati rice, removing the Minimum Export Price requirement effective immediately.
Government amends export duty on certain rice varieties to ‘nil’ under Notification 46/2024-Customs. Effective immediately per Customs Act 1962.
FSSAI’s 2024 amendment introduces new standards in food additives, mozzarella cheese composition, fortified rice kernel, and vitamin-mineral premix regulations.
RBI mandates compliance following MHA’s listing of Hizb-Ut-Tahrir as a terrorist organization under the Unlawful Activities (Prevention) Act, 1967.
New guidelines for pension revisions emphasize no disadvantage to pensioners, with specific rules on clerical errors and excess payments.
Conditions for additional pension for retired Central Government employees under CCS(Pension) Rules 2021 outlined, based on age brackets.
RBI updates access criteria for the NDS-OM platform, expanding eligibility to regulated entities and streamlining procedures. Circulars from 2008 and 2011 are withdrawn.
CBDT exempts income of West Bengal Pollution Control Board under Section 10(46) of the Income-tax Act, 1961, subject to non-commercial activities and conditions.
CBDT sets 1% tolerance for wholesale trading and 3% for other cases under Section 92C for FY 2024-25. No adverse effects from retrospective application.