Statutory updates

Cyber Security Policy Compliance for PoPs and Non-Individual RAs

All Point of Presence entities and Non-Individual Retirement Advisers must follow the cyber security measures in the Cyber Security Policy of the Pension Fund Regulatory and…

Norms on Collection of Health Insurance Premium during COVID-19

General and standalone health insurers may collect health insurance premiums in instalments for individual products during the COVID-19 outbreak.

Norms on Settlement of Health Insurance Claims

All general insurers and health insurers must decide health insurance claims expeditiously.

Review of FDI Policy for Opportunistic Takeovers

The Government of India amends the Foreign Direct Investment policy to restrict opportunistic takeovers of Indian companies.

The Telecommunication Interconnection Usage Charges (Sixteenth Amendment) Regulations, 2020

Health and Motor Vehicle Third Party Insurance Renewal Premium Extension

Policy holders whose health and motor vehicle third party insurance policies fall due for renewal from 25 March 2020 to 3 May 2020 may pay renewal premiums on or before 15 May…

Motor Third Party Insurance Policy Renewal Premium Payment

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Medical Insurance Coverage for Workers under MHA Directives

All General and Stand alone Health Insurers must offer comprehensive health insurance policies to individuals or groups.

Clarification on GST Implementation Challenges for Registered Persons

This circular clarifies implementation issues for registered persons regarding tax adjustments for cancelled service contracts and returned goods, validity extensions for Letters…

NPS On-boarding through Online PRAN Generation Module

The Pension Fund Regulatory and Development Authority delays the requirement for photos and signatures during NPS on-boarding.

Prudent management of financial resources of insurers in the context of Cov

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Additional time allowed for filing Regulatory Returns for insurance intermediaries

The Insurance Regulatory and Development Authority of India grants additional time for insurance intermediaries to file regulatory returns.

1/2020-Union Territory Tax : Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

3/2020-Integrated Tax : Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

Corporate Agency matters of the PSBs that have merged w.e.f. 1st April 2020

IRDAI (Insurance Broker) Regulations, 2018

Rescheduling of Term Loans in the context of outbreak of Covid-19

Revised Timelines for Uploading Scheme NAV and NAV History by Pension Funds

The Pension Fund Regulatory and Development Authority extends the timeline for Pension Funds to upload the Net Asset Value and NAV History on Central Recordkeeping Agency websites.