Government of Tripura Revises Variable Dearness Allowance for cooperative stores and societies.
The State Government of Tripura vide its notification dated 4th December 2021 has revised the Variable Dearness Allowance (VDA) for different categories of workers engaged in Cooperative Stores and Societies including Large Size Multipurpose Cooperative Society (LAMPS), Primary Marketing Cooperative Society (PMCS) and Primary Agricultural Cooperative Society (PACS)” with effect from October 01, 2021. The […]
Government of Karnataka issues discharge policy for Omicron recovered persons from hospitals.
In mild, moderate and severe cases (including immunocompromised HIV patients, transplant recipients, malignancy), the patient can be discharged after 10 days of symptom onset if there is no fever, breathlessness or any other symptom for the last three consecutive days before discharge without antipyretics (drug used to prevent or reduce fever).
RBI introduces Legal Entity Identifier for Cross-border Transactions.
The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and accuracy of financial data systems. LEI has been introduced by the Reserve Bank in a phased manner for participants in the over the counter (OTC) derivative, non-derivative markets, large corporate borrowers and large value transactions in centralised payment systems.
SEBI publishes Investor charter in respect of portfolio management services.
In order to enhance transparency in the Investor Grievance Redressal Mechanism, all Portfolio Managers on a monthly basis shall disclose on their websites, the data pertaining to all complaints including SCORES complaints received by them in the prescribed format. The information shall be made available by 7th of the succeeding month.
SEBI directs mutual funds to disclose investors charter and complaint data’s on their website.
Mutual Funds are advised to display link/option to lodge complaint with them directly on their websites and mobile apps. Additionally, link to SCORES website/ link to download mobile app (SEBI SCORES) shall also be provided on their website.
SEBI introduces investor charter for Alternative Investment Funds (AIF) and mandates complaint disclosure.
AIFs, shall bring investor charter to the notice of investors through private placement memorandum(PPM) in case of new schemes and for existing schemes, as a one-time measure, they should disclose it to the investors on their registered e-mail.
Government of Tripura Revises Variable Dearness Allowance for Shops and Establishment.
The calculation for overtime shall be, daily rate of wages divided by 26 and rounded off to the next rupee and for employees doing overtime, the rate shall be the double of the ordinary rate of minimum wages.
Government of Tripura Revises Variable Dearness Allowance for Hotel and Restaurant Workers.
The total minimum wages payable for highly skilled employees shall be Rs. 11,139 per month, for skilled employees it shall be Rs 9,966 per month and for semi-skilled Rs. 8,208 per month.
PCI invites applications for approval of medical cources for 2022-2023 academic session
Pharmacy Council of India portal will be open from 04.12.2021 to 24.12.2021 for existing institutions applying for approval for 2022-2023 academic session for Continuation of approval, introduction of new course, Raise in admission;
Change in name, address, hospital, course, institution and examining authority.
Clarification regarding amendment to SEBI (Portfolio Managers) Regulations, 2021
Portfolio Managers shall submit a monthly report regarding their portfolio management activity, on SEBI Intermediaries Portal within 7 working days of the end of each month, as per the revised format which includes details of Co-investment offered by Portfolio Manager.