Modification of Surety Insurance Guidelines
It is directed that where the solvency margin of an insurer falls below the specified threshold limit at any point of time, the insurer shall stop underwriting new Surety Insurance business until its solvency margin is restored to
above the threshold limit.
IRDAI Measures towards developing Surety Insurance Bonds market
The solvency requirement applicable for such products has now been reduced to control level of 1.5 times from 1.875 previously prescribed. Further, the prevailing 30% exposure limit applicable on each contract underwritten by an insurer, has also been removed.
NMC allows mercy attempt for professional MBBS examination
Ministry of Health & Family Welfare has allowed one additional attempt (5th attempt) to such MBBS students who were admitted in medical colleges during the academic year 2019-20 and could not pass their first professional MBBS examination.
NMC has listed medical colleges eligible to offer compulsory rotating medical internship for foreign medical graduates
Non-teaching hospitals are allowed to offer compulsory rotating medical internship for foreign medical graduates as a one time measure till May 2024.
Registration of Medical Practitioners and License to Practice Medicine Regulations, 2023
The regulations provides following guidelines regarding Registration in National Medical Register (NMR) for license to practice.
Income tax exemption to deposit made to Mahila Samman Savings Certificate, 2023
Income tax exemption to deposit of ten thousand made to Mahila Samman Savings Certificate, 2023.
Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023
The amendment provides that the use of International Credit Card for making payment by a person towards meeting expenses while such person is on a visit outside India shall require Prior approval of Reserve Bank.
