Finance Ministry Caps Arbitration Value at ₹10 Crore The Finance Ministry has recently announced a significant change in the arbitration framework for government contracts. The new directive caps the value of arbitrations at ₹10 crore. This move aims to streamline dispute resolution processes and enhance efficiency in handling government-related arbitrations. The decision is part of…
Finance Ministry Approves Welfare Measures for LIC Agents and Employees The Finance Ministry has recently given its nod to a series of welfare measures designed to benefit Life Insurance Corporation (LIC) agents and employees. These measures come as a significant relief for the LIC community and are poised to have a substantial impact on various…
“Finance Ministry Appoints SEBI ED Pramod Rao to IFSCA Board” The Finance Ministry has recently made a significant appointment to the International Financial Services Centres Authority (IFSCA) board. Pramod Rao, the Executive Director (ED) of the Securities and Exchange Board of India (SEBI), has been appointed as a member of the IFSCA board. This move…
