DGFT extends foreign trade policy till 30th September 2022.
FTP 2015-20 introduces two new schemes, namely ‘Merchandise Exports from India Scheme (MEIS)’ for export of specified goods to specified markets and ‘Services Exports from India Scheme (SEIS)’ for increasing exports of notified services.
IFSCA notifies guidelines for liquidity enhancement scheme.
The scheme shall have the prior approval of the Governing Board of the Stock Exchange and its implementation and outcome shall be monitored by the Board at quarterly intervals and it shall specify the incentives available to the market makers /liquidity providers and such incentives may include discount in fees, adjustment in fees in other segments, cash payment or issue of shares, including options and warrants.
The Aircraft (Second Amendment) Rules, 2022.
The proficiency check carried out shall be valid for a period of twelve months from the date of the check in case of pilot conducting Visual Flight Rules operations and shall be renewed for a further period of twelve months at a time.
DGFT amends the import policy condition of urea.
DGFT in its earlier notification, amended the policy condition of Urea on ITC (HS), 2017, Schedule – I (Import Policy). In addition to Rashtriya Chemicals & Fertilizers Limited (RCF), Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020.
DGFT Extends Integrated Good and Service Tax (IGST) and Compensation cess exemption under Advance Authorisation, EPCG and EOU scheme up to 30.06.2022.
Exemption from Integrated Tax and compensation Cess under Advance Authorization under Para 4.14 of FTP 2015 -20 is extended upto 30.06.2022.
