RBI extends timelines for submission of various supervisory returns to department of supervision
The timeline for returns to be filed by NBFCs monthly was extended for 10 days from due date and quarterly returns due date by 30 days. The extension in submission of returns will now be effective for the submissions which will become due from July 01, 2020 to July 31, 2020.
IRDAI modifies guidelines on the standard individual health insurance products
The Insurance Regulatory and Development Authority of India has modified the norms of ‘Arogya Sanjeevani Policy’ by allowing health insurers to offer a minimum sum insured of less than Rs 1 lakh and a maximum of greater than Rs 5 lakh.
NPPA directs manufacturers to intimate details regarding production of drug methyl prednisolone, enoxaparin and dexamethasone
The Manufacturers shall intimate the details regarding the production/sale of drug methyl prednisolone, enoxaparin and dexamethasone during the last two years and the details regarding the stock lying with the company. Further, they shall intimate the production schedule for next 6 months and details of suppliers to whom they are sourcing the above drugs and the details of procurement orders placed by the state government in the format enclosed.
RBI extends timeline for the finalization of audited accounts by NBFC
Every applicable NBFC shall finalize its balance sheet within a period of 3 months from the date to which it pertains or any date as notified by SEBI for submission of financial results by listed entities.
Government of Karnataka issues direction to laboratories for entering COVID-19 reports in ICMR portal
The State Government of Karnataka has issued instructions to COVID-19 testing laboratories to mark the sample as “under process” till the final report is uploaded. The government has proposed to send the test result through SMS to the suspect based on the negative result uploaded by the testing lab on the ICMR portal and directs the laboratories to discontinue the practice of uploading all samples received as negative.
The Government of Haryana extends the timelimit for one-time settlement scheme for milk cess
The State Government of Haryana has extended the allowed period for opting the one-time-settlement scheme for Milk cess dues up to 30th September 2020 and 31st December 2020 due to the COVID-19 pandemic.
Revised guidelines for Home Isolation of very mild/pre-symptomatic/asymptomatic COVID-19 cases
In view of large number of asymptomatic cases being detected, the current guidelines have been extended to asymptomatic positive cases. pre-symptomatic/asymptomatic cases cases should have the requisite facility at their residence for self-isolation and also for quarantining the family contacts.
ESIC further relaxes the time limit for filing Contribution for the period ending March 2020 till July 15, 2020
The ESIC has further extended the timeline for filing Return of Contribution for the period from October 2019-March 2020 till July 15, 2020.
Health ministry further revises clinical management protocol for Covid-19
Under the revised protocol, the drug remdesivir is allowed under emergency use authorization and may be used in patients with moderate disease. The loading dose of 200 mg (shot) on day 1, will now be followed by 100 mg (shot) daily for 4 days (total 5 days). Earlier, the follow-up dose was for 5 days.
Government of Bihar notifies The Bihar Epidemic Diseases, COVID-19 (Amendment) Regulation, 2020
The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020. The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020. The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020.
