The Office Memorandum of the Department of Promotion of Industry and Internal Trade dated 23 July 2020 mandated that bidders having beneficial ownership in countries which share land border with India will be eligible to bid in public procurement only
Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Minister of Corporate Affairs, announced the 4th edition of Business Reform Action Plan (BRAP) ranking, on Sep 5, 2020 at an event held at the New Media Centre, New Delhi. Ranking of
The Reserve Bank of India on September 7, 2020, released the K V Kamath-led Committee report, which had recommended financial parameters to be factored within the resolution plans under the ‘Resolution Framework for Covid19-related Stress’ alongside sector-specific benchmark ranges for
The IRDA has issued new guidelines on Product filing in Health Insurance Business on 4 September 2020 which supersedes the previous guidelines issued on 22 July 2020. Some of the norms that are prescribed under the guidelines are – Any
Pursuant to order dated 31st August, 2020, the Regulatory Compliance Division of the Food Safety and Standards Authority of India directs the designated officers to refrain from insisting on submission of additional documents beyond the list issued by the FSSAI.
Ministry of Corporate Affairs (MCA) vide its notification dated 28 August 2020 has notified section 23(ii) of the Companies Amendment Act 2017 i.e. Section 92 of Companies Act 2013 which requires Companies to place its annual return on their website,
The department of FSSAI on 24th August 2020 has decided not to count the period of 22nd March 2020 to 31st December 2020 for collection of penalties under clause 2.1.13 (3) of FSS (Licensing and Registration of Food Business) Regulation,
The Department of FSSAI on 21st August 2020 has released a draft regulation for Food Safety and Standards (Food Products Standards and Food Additives) Amendments Regulations, 2020 framed under FSS Act, 2006. These regulations are not yet notified and are
In pursuant to Ref. No: IRDAI/F&I/CIR/INV/216/08/2020, the IRDAI in exercise of the powers conferred under Regulation 14(2) of the IRDAI (Investments) Regulations, 2016 after taking into account the representations made by Life and General Insurance Councils, allowed the insurers to
The Ministry of Information and Broadcasting has released SOP for Media Production. The ministry with the consultation from the Ministry of Health & Family Welfare, has prepared the Guiding Principles and Standard Operating Procedures (SOPs) on preventive measures for Media
The Central Board of Indirect Taxes and Customs, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962) determined that the rate of exchange of conversion of each of the foreign currencies into
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