Ministry of Labour & Employment has announced that ESIC insurance and medical Benefits will be extended to superannuated Insured Persons with relaxed norms
The proposal to provide Medical Benefit to the Insured superannuating workers who went out of the ESI Scheme coverage due to exceeding the wage\ ceiling, if the worker was under insurable employment for at least 5 years before superannuation/voluntary retirement, has been approved.
Ministry of Ayush has invited proposals towards organizing events under the IEC Scheme
The details of IEC scheme guidelines are available at https://ayush.gov.in/images/Schemes/iec.pdf. The interested firms may submit their proposals on the Ayush NGO Portal (https://ngo.ayush.gov.in/scheme2) in accordance with the IEC Scheme guidelines.
Extended timelines to obtain Request for Proposal for hiring Agency to conduct “Study on Assessment of the Level of Food Processing in India”
Date of Uploading RFP on Central Public Procurement Portal and submission of bid is extended till 25.01.2024 and the Last date and time of the submission of the bid (Technical & Financial) will be 21.02.2024 (4.00 PM).
Insurance Regulatory and Development Authority of India (Rural, Social Sector and Motor Third Party Obligations) Regulations, 2024
The objective of these Regulations is to specify minimum rural and social sector business that the insurers are required to underwrite under section 32B and 32C of the Insurance Act, 1938 and minimum third party motor insurance business that the insurer carrying on general insurance business is required to underwrite under section 32D of the Insurance Act, 1938.
EPFO has directed field units to stop accepting claims from Paytm Payment Bank Ltd
EPFO has directed field units to stop accepting claims from Paytm Payment Bank Ltd w.e.f February 23, 2024 given that Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding of new customers with immediate effect.
ESIC measures to find out missing coverable units and IPs
ESIC has advised that all the filed units may take action to find out missing coverable units and IPs
Ladakh Rights of Persons with Disabilities Rules, 2024
In conclusion, the Ladakh Rights of Persons with Disabilities Rules, 2024 represent a pivotal step towards realizing the full potential of individuals with disabilities, ensuring their rights, dignity, and inclusion in all spheres of life. By laying down a comprehensive framework encompassing rights, entitlements, and support mechanisms, these rules underscore a commitment to building a more equitable and inclusive society for all.
Exemption of Income Tax for Dairy Cooperative Society
The Government provide interest subvention to make short-term crop loans up to ₹3 lakh available to farmers at the interest rate of 7% per annum and in case of prompt repayment, additional 3% interest subvention is given and effective rate of interest gets reduced to 4%.
5 Key Steps to Tech-Driven Compliance in Finance by 2024: RBI’s Directive
In response to the Reserve Bank of India’s (RBI) directive, financial institutions must upgrade their compliance monitoring frameworks by June 30, 2024. This transition to a technology-driven approach is essential for enhancing the effectiveness, efficiency, and accuracy of compliance processes. Below is an elaboration of the 5 steps outlined in the directive: 1. Assessment and […]
Arunachal Pradesh State Electricity Regulatory Commission (Electricity Supply Code)
In exercise of powers conferred and its relevant Sub Sections of Electricity Act, 2003 (the Act), the commission has made draft regulation as mentioned at (a) below. The draft regulation is available in the commission’s website www.apserc.nic.in and it can be downloaded. (a) Arunachal Pradesh State Electricity Regulatory Commission (Electricity Supply Code) Regulations 2024.
