Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020

The Pension Fund Regulatory and Development Authority (PFRDA) on July 29, 2020, has issued the Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020 to further amend the Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015. The amendments are made in Regulation 5(4) related to “EligibilityContinue reading “Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020”

The Chandigarh Estate (Amendment) Rules, 2020

The Chandigarh Estate Branch on July 8, 2020 has issued the Chandigarh Estate (Amendment) rules, 2020 to further amend Chandigarh Estate Rules, 2007.  Following amendments have been made to Chandigarh Estate Rules, 2007:  • Rule 7(i) related to “Transfer of site or building by the allottee/lessee” has been substituted, namely:- Allotment cases: No site /buildingContinue reading “The Chandigarh Estate (Amendment) Rules, 2020”

Government of Nagaland extends the timeline of Covid insurance scheme under Pradhan Mantri Garib Kalyan Package

The Nagaland Directorate of Health and Family Welfare on August 07, 2020 has extended the timeline of insurance scheme under Pradhan Mantri Garib Kalyan Package (PMGKP) till September 2020. The scheme covers all health workers engaged for Covid-19 related responsibilities in which there is an insurance cover of Rs 50 lakh for loss of life dueContinue reading “Government of Nagaland extends the timeline of Covid insurance scheme under Pradhan Mantri Garib Kalyan Package”

RBI issues guidelines for UCB’s to implement system-based asset classification

The Reserve Bank of India (RBI) on August 12, 2020 has issued a circular for system-based asset classification. RBI issued a master circular no. DCBR.BPD. (PCB) MC No. 12/09.14.000/2015-26 dated July 01, 2015 giving out consolidated instructions on the asset classification and other such related matters.  Further, to increase the transparency in the process of asset classification,Continue reading “RBI issues guidelines for UCB’s to implement system-based asset classification”

Tamil Nadu Rationalisation of Forms and Reports under Certain Labour Laws Rules, 2020

The Tamil Nadu Labour and Employment Department notifies the Tamil Nadu Rationalisation of forms and reports under Certain Labour law Rules, 2020. These Rules rationalises the forms mentioned in the Tamil Nadu Contract Labour (Regulation and Abolition) Rules, 1975, the Inter-State Migrant Workmen(Regulation of Employment and Conditions of Services) (Tamil Nadu) Rules, 1983 and theContinue reading “Tamil Nadu Rationalisation of Forms and Reports under Certain Labour Laws Rules, 2020”

Goa Government provides a list of Schemes under the Goa Aadhar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2017

The Goa Department of Rural Development on August 06, 2020 has issued a notification for the all the schemes that require the authentication or proof under the Goa Aadhar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2017. This authentication of proof shall be required in terms with Section 3 of theContinue reading “Goa Government provides a list of Schemes under the Goa Aadhar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2017”

West Bengal Labour Department issues directions for all beneficiaries of FAWLOI scheme

The West Bengal Labour Department has issued directions for all beneficiaries of Financial Assistance to the Workers of Locked Out Industries (FAWLOI) scheme. Financial assistance for the period April 2020 to September 2020 for financial year 2020-21 will be provided on the basis of Self-Declaration on a plain paper. Beneficiaries are advised to provide correct information duringContinue reading “West Bengal Labour Department issues directions for all beneficiaries of FAWLOI scheme”

Government of Nagaland extends the timeline of Covid insurance scheme under Pradhan Mantri Garib Kalyan Package

The Nagaland Directorate of Health and Family Welfare on August 07, 2020 has extended the timeline of insurance scheme under Pradhan Mantri Garib Kalyan Package (PMGKP) till September 2020. The scheme covers all health workers engaged for Covid-19 related responsibilities in which there is an insurance cover of Rs 50 lakh for loss of life dueContinue reading “Government of Nagaland extends the timeline of Covid insurance scheme under Pradhan Mantri Garib Kalyan Package”

RBI issues guidelines for UCB’s to implement system-based asset classification

The Reserve Bank of India (RBI) on August 12, 2020 has issued a circular for system-based asset classification. RBI issued a master circular no. DCBR.BPD. (PCB) MC No. 12/09.14.000/2015-26 dated July 01, 2015 giving out consolidated instructions on the asset classification and other such related matters.  Further, to increase the transparency in the process of asset classification,Continue reading “RBI issues guidelines for UCB’s to implement system-based asset classification”

Tamil Nadu Rationalisation of Forms and Reports under Certain Labour Laws Rules, 2020

The Tamil Nadu Labour and Employment Department notifies the Tamil Nadu Rationalisation of forms and reports under Certain Labour law Rules, 2020. These Rules rationalises the forms mentioned in the Tamil Nadu Contract Labour (Regulation and Abolition) Rules, 1975, the Inter-State Migrant Workmen (Regulation of Employment and Conditions of Services) (Tamil Nadu) Rules, 1983 andContinue reading “Tamil Nadu Rationalisation of Forms and Reports under Certain Labour Laws Rules, 2020”

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