Exposure draft of IRDAI (Manner of Determination of Compensation to Shareholders on Merger of an Insurer under a Scheme Prepared under S.37A) Regulations, 2020
every shareholder of the acquired insurer shall be given such amount as compensation, as bears to the residual value of the assets, the same proportion as the amount of paid-up capital of the shares held by the shareholder bears to the total-up capital of the acquired insurer.
NSE has discontinued EQTCR category
All schemes with EQTCR category shall be replaced with DBTCR category. The Circular shall come into force with effect from November 09, 2020.
MoHFW invites comments on National Nursing & Midwifery Commission Bill 2020.
No person shall establish a new nursing and midwifery institution except with the previous permission of the Nursing and Midwifery Assessment and Rating Board.
NPPA fixes retail price for certain formulations.
The manufacturers of scheduled formulation, selling the branded or generic or both the versions of scheduled formulations at a price higher than the ceiling price so fixed and notified by the Government, shall revise the prices of all such formulations downward not exceeding the ceiling price specified in this notification plus goods and services tax as applicable, if any.
The Central Motor Vehicles (Eighteenth Amendment) Rules, 2020.
Through this amendment it has made FASTag mandatory for all old four-wheelers purchased before December 2017 and for the old vehicles of M and N categories shall have Fastag by 1st January 2021.
The government of Rajasthan fixes zero tax on certain land.
Where taxable land bears more than one mineral, the land tax shall be calculated on the basis of weighted average of percentage of minerals and rates applicable thereto.”
