The Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2022.
The Amendment has granted relaxation to Foreign Portfolio Investor from Strict Enforcement of SEBI (Foreign Portfolio Investors) Regulations.
Ministry of electronic invites application under Design Linked Incentive (DLI) Scheme from domestic semiconductor chip design firms.
The approved applicants that claim incentives under the scheme will be encouraged to retain their domestic status (i.e., more than 50% of the capital in it is beneficially owned by resident Indian citizens and/ or Indian companies, which are ultimately owned and controlled by resident Indian citizens) for a period of three years after claiming incentives under the scheme.
