SEBI relaxes time gap between two board meetings of listed entities owing to COVID-19 pandemic
The Securities and Exchange Board of India on 26th June 2020 has eased the compliance requirement of maximum time gap between two board or audit committee meetings for listed companies till July 31, due to COVID-19 pandemic.
RBI extends the relaxation of minimum daily maintenance of the Cash Reserve Ratio till 25th September 2020
RBI in its notification dated 26th June 2020 has decided to extend the relaxation given for the requirement of minimum daily maintenance of the Cash Reserve Ratio of 80 per cent for a further period of three months (i.e. up to September 25, 2020.
RBI extends the enhanced limit under the MSF scheme till 30th September 2020
The RBI has decided to extend the validity of the enhanced borrowing limit under marginal standing facility scheme till 30th September 2020.
FSSAI extends the timeline for compliance of food safety and standardars (Recovery and Distribution of Surplus Food) Regulations, 2019
The Food Safety and Standards Authority of India vide its notification dated 26th June 2020 has extended time for compliance with Food Safety and Standards (Recovery and Distribution of Surplus Food) Regulation till 1st January 2020.
IRDAI issues guidelines on COVID Standard Health Policy
The Insurance Regulatory and Development Authority of India on 26th June 2020 has mandated all general and health insurers to offer Individual Covid Standard Health Policy by 10th July 2020.
Labor Department of Assam increases minimum wages of workers
The Labor Department of Assam vide increases the Variable Dearness Allowance (VDA) in the State for workers.
Extension of Deadline for Declaration of Assets in West Bengal
Labor Department of West Bengal has extended the date for submission of declaration of assets up to 31st August 2020.
