IRDAI Guidelines on Remuneration of Directors and Key Managerial Persons of Insurers
The policy should cover various aspects of the remuneration structure, including fixed pay, retirement benefits, variable pay, and share-linked instruments. Parameters such as financial soundness, compliance, claim efficiency, grievance redressal, and overall compliance with applicable laws should be considered in performance assessments. At least 60% of the weightage in the performance assessment matrix for MD/CEO/WTDs and 30% for other KMPs should be based on these parameters.
CBIC extends due date for mandatory declaration of additional qualifiers in import/export declarations
Due date for mandatory declaration of additional qualifiers in import/export declarations is extended from 01.07.2023 to 01.10.2023.
ESIC extends Employees’ State Insurance (Medical Benefit) Rules, 1958 to the families of insured persons in Bihar
ESIC extends Employees’ State Insurance (Medical Benefit) Rules, 1958 to the families of insured persons in more districts of Bihar.
