Insurance Regulatory and Development Authority of India (Registration of Indian Insurance Companies) Draft Regulations, 2022.
No company or co-operative society shall be incorporated in India with a name that contains words ‘insurance’ or ‘assurance’ or ‘reinsurance’ without obtaining a No objection Certificate from the Authority. The request to issue the No-objection Certificate shall be made to Authority in the prescribed format.
DGFT includes a new paragraph in the Handbook of Procedures of the Foreign Trade Policy (FTP) 2015-20 to notify the procedure for General Authorisation for Export after Repair in India (GAER).
The SCOMET items were imported to a designated/authorized repair facility in India for the purpose of repair under a contract agreement/Master Service agreement (MSA); or Imported under a contract agreement between Indian exporter, entities of repair facility (if different from exporter) and entity abroad defining ‘ Statement of Work (SOW)’/ ‘ Scope of Work’ including conditions for undertaking repair in India;
IRDAI issues circular on product filing procedure.
In order to facilitate the industry to respond faster to the emerging market needs, in terms of designing and pricing of general insurance products and to promote efficiency in the conduct of general insurance business, the Authority, in exercise of the powers conferred under Section 14(2)(i) of IRDA Act, 1999 hereby permits the general insurers to file all products under Miscellaneous lines of business (including modifications of current products) under Use and File procedure for both Retail and Commercial categories.
Government of Andhra Pradesh notifies amendments to Andhra Pradesh Water, Land and Trees Rules, 2004.
As per the amendment, the Authority may levy groundwater Extraction charges on the consumption of water and discharge of effluent by any industry, and the amount of groundwater extraction Charges shall be as fixed by the authority from time to time.
Draft amendment to Tamil Nadu Motor Vehicles Rules, 1989
The draft amendment will be taken into consideration on or after the expiry of seven days from the date of publication of this Notification. Objection or suggestion, if any, should be addressed in duplicate to the Additional Chief Secretary to Government, Home Department, Chennai-9.
Aadhar authentication mandated for Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi (DAKSH)Scheme
Any individual desirous of availing benefits under the Scheme, who does not possess the Aadhaar number or, has not yet enrolled for Aadhaar, shall be required to make application for Aadhaar enrolment.
Revised minimum wages for laborers in agriculture and Brick Kiln in Punjab
Revised the consumer price index and minimum wages for skilled, unskilled, semi skilled and highly skilled laborer’s employed in the following sectors.
Payment of Bonus Act, 1965 applicable to employers in Dadra & Nagar Haveli and Daman & Diu
All the Industrial and other Establishments i.e. Hotels, Shops etc., Labor Contractors to pay bonus to all the eligible employees in accordance with the provision of the Payment of Bonus Act, 1965 taking into consideration the productivity of the employee so that congenial industrial environment could be created leading to overall economic development of the region.
