RBI has discontinued the requirement to file a set of returns/reports prescribed under FEMA
It has been decided to discontinue the requirement to file 17 returns/reports as listed in the notification.
Central government extends public utility service status of the Copper Mining Industry
The industry shall enjoy the status of public utility service with effect from 27 November, 2020 till 27 May 2021.
IRDAI extends dispensation for physical signatures of life insurers’ customers till 31st March.
Life Insurers to obtain the customer’s consent through electronic means i.e., without requiring wet signature on the proposal form, for the business solicited by individual Insurance Agents and Insurance Intermediaries under all products, till 31st March, 2021.
IRDAI introduces insurance policy for vector-borne diseases.
The product shall be offered for a fixed term of one year with a waiting period of 15 days proposing to permit insurers to offer the product under Use and File procedure.
The Labour Ministry extends the public utility service status on copper mining industry for another 6 months.
The Ministry of Labour and Employment vide its notification dated 12th November 2020 has extended the public utility service status to services engaged in the copper mining industry under the Industrial Disputes Act, 1947. The Ministry had earlier granted an extension to the copper mining industry for a period of six months, starting from 27th […]