IRDAI issues a Press Release on Bima Manthan

The third edition of Bima Manthan took place at Hyderabad on 1st and 2nd March, 2023. The industry registered year on year growth rate of 18% till Jan 2023, with general insurance industry recording 17% and life insurance industry clocking 18%.

IFSC issues Guidelines for execution of block deals on the Bullion Exchange

The IFSC has deemed it necessary to enable a mechanism for execution of large trades in gold in a single transaction without putting either the buyer or the seller in a disadvantageous position. In order to facilitate execution of such large trades, the Bullion Exchange is being permitted to provide a separate trading window for this purpose.

CBDT issues Corrigendum to its earlier Circular on Finance Act, 2022

It may be recalled that the CBDT had issued a Circular dated 03.11.2022 putting forth the Explanatory notes to the Finance Act, 2022. These explanatory notes explained the amendments made in direct tax laws vide the Finance Act, 2022. The present circular revises the previous circular.

MoHFW publishes its report on Raktdaan Amrit Mahotsav

Ministry of Health and Family Welfare had launched Raktdaan Amrit Mahotsav on 17th September 2022, the drive witnessed an extensive participation from the donors. During the 15 day drive, 11,868 camps were approved and 4,19,642 donors registered for voluntary blood donations.