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Month: July 2022

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Ease of filing insurance products for Agriculture and allied activities

Press Release Insurance Regulatory and Development Authority of India (IRDAI) in its continued endeavor to protect the interests of all segments of policyholders and improve the ease of doing business…

SEBI files FIR for Cyber Security Incident

PR No.23/2022 Recently a cyber security incident has been noticed on the E-mail system of SEBI which was undergoing a system upgrade and accordingly an FIR as per the relevant…

IBBI organises training programme for Indian Corporate Law Service Trainee Officers.

IBBI organised a three-day training programme for Indian Corporate Law Service (ICLS) trainee officers, of the 2020 batch, from 11th to 13th July, 2022. Mr. Sudhaker Shukla, WTM, IBBI in…

Use and File Procedure for Retail Products for Agriculture & Allied Activities

Dated 14/07/2022 1. This is further Circular Ref: IRDAI/NL/CIR/MISC/107/06/2022 dated 01/06/2022 with regard to Product Filing Procedure. 2. In order to facilitate the insurance industry to promote insurance penetration and…

MICRO, SMALL AND MEDIUM ENTERPRlSES [D(2)] DEPARTMENT

Dated 12.07.2022 1. Hon’ble Minister for MS&ME’s Announcement for the year 2022-2023.2. From the Industries Commissioner and Director of Industries and Commerce letter Re. No.12012/NEEDS/2022, dated 28.04.2022. Order : The…

UNSCR 1718 Sanctions Committee on DPRK amends one Entry on its Sanctions List

July 13, 2022 The Chairpersons/CEOs of all the Regulated EntitiesMadam/Dear Sir,Please refer to our circular DoR.AML.REC.03/14.06.001/2021-22 dated April 08, 2021 advising Regulated Entities (REs) to adhere to the ‘Implementation of…

Income-tax (Twenty Second Amendment) Rules, 2022.

G.S.R. 537(E).—In exercise of the powers conferred by sub-section (2) of section 158AB read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…

International Trade Settlement in Indian Rupees (INR)

July 11, 2022 ToAll Category-I Authorised Dealer Banks Madam/Sir In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of…

Constitution of Task force to study and make recommendations on issues faced by Life Insurers and Reinsurers

7th July, 2022 Insurance Regulatory and Development Authority of India (IRDAI) has been taking steps to increase insurance penetration in India and has launched various initiatives with the broad objective…

Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade

July 08, 2022 ToAll Category-I Authorised Dealer Banks Madam/Sir, Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulations 3 and 5 of Foreign Exchange Management…