Revised Convention between the Government of The Republic of India and the Kingdom of Spain for the avoidance of double taxation and the prevention of fiscal evasion
The revised convention provides that royalties and fees for technical services may also be taxed in the Contracting State in which they arise and according to the law of that State, but if the recipient is the beneficial owner of the royalties or fees for technical services, the tax so charged shall not exceed ten per cent of the gross amount of royalties or fees for technical services.
Insurance Regulatory and Development Authority of India (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024
The regulation seeks to promote growth of insurance sector by simplifying the process of registration of insurer, transfer of shareholding, other forms of capital, amalgamation of insurers, listing of shares of insurers on stock exchange and to promote ease of doing business.
Insurance Regulatory and Development Authority of India (Registration and Operations of Foreign Reinsurers Branches and Lloyd’s India) Regulations, 2024
The regulation is issued to promote orderly growth of the reinsurance market in India, to strengthen and harmonize the current legal and regulatory framework in relation to the various aspects governing entities engaged or intending to engage in reinsurance operations in India.
IRDAI Press Note on Regulatory Revamp
The meeting, convened at the IRDAI Head Office in Hyderabad, saw the approval of eight principle-based consolidated regulations, aimed at streamlining and enhancing various aspects of the insurance industry. This regulatory overhaul is not only geared towards safeguarding the interests of policyholders but also towards promoting a conducive environment for insurers to thrive and innovate.
Zoological Survey of India Releases Comprehensive Guide to Lepidoptera
The Zoological Survey of India (ZSI) has unveiled a publication titled “An Illustrated Guide to the Lepidoptera of India: Taxonomic Procedures, Family Characters, Diversity, and Distribution.” A press release on this launch was issued on March 22, 2024. Authored by experts including Dr. Dhriti Banerjee, Director of ZSI, along with Dr. Navneet Singh, Dr. Rahul […]
FSSAI Urges Further Vigilance in Food Sale During Festival Season
The government has emphasized the need for stringent monitoring of food items commonly consumed during the festive period. These include samvat rice, buckwheat whole & flour (kuttu atta), chestnut whole & flour (singhara atta), fruits, vegetables, dry fruits & nuts, milk & milk products, and ready-to-eat savories like potato chips and sabudana namkeen mix.
BIS Revises Standards for Microbiology Tests of the Food Stuff
The Bureau of Indian Standards (BIS) has revised certain standards for microbiology tests of the food stuff. These notifications were published on March 21, 2024. These standards have been established on March 15, 2024. The previous versions of these standards shall stand withdrawn on April 14, 2024.
Declaration of Paid Holiday for General Election to Lok Sabha, 2024 in Mizoram
The Governor of Mizoram, has declared the 19th of April, 2024 (Friday) as Paid Holiday to enable the voters to exercise their franchise in the General Election to Lok Sabha, 2024.
Registration of New Plant Varieties Permitted
The Ministry of Agriculture and Farmers Welfare has added eight more plant varieties to its list of crop species eligible for registration. Persons eligible to obtain registrations can now also obtain registration for these additional plant varieties.
Extension In Deadline For Seeking NBEMS Accreditation
The NBEMS has extended the deadline for submission of applications seeking accreditation for DNB, DrNB, FNB, and Post MBBS Diploma. Initially set for March 15, 2024, the deadline for online application submission has been extended to April 30, 2024.
