New GST Clarification on Salvage Value in Motor Vehicle Insurance
The Government of West Bengal’s clarification on the taxability of salvage value in motor vehicle insurance claims provides much-needed guidance on GST liabilities. By delineating the conditions under which GST is applicable, this clarification helps streamline the claims process and ensures compliance with GST laws.
Ensuring Integrity in Super Specialty Treatment for ESIC Insured Persons
This notice informs all ESIC user locations about the ongoing policy for Super Specialty Treatment (SST) for insured persons (IPs) and their families, following the circular dated August 18, 2020. In line with the Hon’ble High Court’s directives, the Employee State Insurance Corporation (ESIC) provides SST from the first day of employment.
Important Update: Aadhaar Card No Longer Valid for Date of Birth Verification
The Employees’ State Insurance Corporation (ESIC) and the Ministry of Labour & Employment, Government of India, recently announced changes regarding the use of Aadhaar cards for date of birth verification.
New Digital Platform to Streamline Health Insurance Claims
The government has launched the National Health Claims Exchange (NHCX) as part of the Ayushman Bharat Digital Mission. This digital platform aims to simplify and expedite the health insurance claims process for both insurers and patients.
Public Liability Insurance (Amendment) Rules, 2024
Any person interested in making any objection or suggestion on the proposals contained in the draft notification may do so in writing within 60 days through post to the Secretary, Ministry of Environment, Forest and Climate Change, Indira ParyavaranBhawan, JorBagh Road, Aliganj, New Delhi-110003 or electronically at email address: mishra.vp@gov.in or diriapolicy-moefcc@nic.in.
IRDAI has withdrawn the circular on ‘Payment of Commission, remuneration, rewards and distribution fees under Long Term Motor Insurance Policies’
Consequent to the notification of IRDAI (Expenses of Management, including commission, of insurers) Regulations,2024, the circular on ‘Payment of Commission, remuneration, rewards and distribution fees under Long Term Motor Insurance Policies’ Circular No. IRDA/INT/CIR/Comm/139/08/2018 dated 29th August,2018 has become redundant.
Discontinuation Of Atal Amrit Abhiyan By Government Of Assam
On July 8, 2024, the Government of Assam notified the discontinuation of the Atal Amrit Abhiyan scheme, effective October 31, 2023. Key points include:
Pre-October 31, 2023 Claims: All pre-authorizations and claims raised before this date will be processed for payment as per the scheme’s guidelines.
Post-October 31, 2023 Claims: Claims raised after this date will not be considered for payment.
Important Provisions Of ESI Coming into Force in Manipur
On July 10, 2024, the Ministry of Labour and Employment extended provisions of the Employees State Insurance Act, 1948 (ESI Act) to Bishnupur, Senapati, Ukhrul, Kangpokpi, Churchandpur, and Thoubal districts in Manipur. Key sections implemented include 38-43, 45A-I, 46-73, 74, 75, and 76(2-4), 82-83. This move enhances social security for employees by providing access to medical care, maternity benefits, sickness benefits, and disablement benefits
Adjustment to Gratuity Insurance Deadline in Karnataka: What Employers Need to Know
In a recent amendment to the Karnataka Compulsory Gratuity Insurance Rules, 2024, the state government has modified the time limit for employers to obtain a valid insurance policy.
Expanding Employees’ State Insurance Act, 1948: New Regulations for Municipal Bodies in Punjab
Government of Punjab, under the Department of Health and Family Welfare, issued Notification No. 1/792560/2024, amending the application of the Employees’ State Insurance Act, 1948.
