DGFT amends guidelines on ANF-4F of Handbook of Procedures, 2015-2020.

As per the amendment, e-BRC / Bank Certificate of Exports and Realisation in the form given at Appendix 2U or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix 2L in case of offsetting of export proceeds. In case of export to OFAC listed countries, exporter may submit FIRC along-with the self-declaration that e-BRC (electronic Bank Realisation Certificate) could not be generated by the concerned bank.

CERC (Indoor/Outdoor Medical Facilities) (Second Amendment) Draft Regulation, 2022.

The Amendment is brought under clause 5.1 in which employees will be entitled to the reimbursement of medical expenses on actual basis for non-hospitalisation cases, for themselves and their family members including dependents on production of prescription from Authorised/notified Medical Practitioners along with bills/cash memos of medicines/tests.

The Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2022.

Category III Alternative Investment Funds shall invest not more than ten per cent of the investable funds in an Investee Company, directly or through investment in units of other Alternative Investment Funds and the large value funds for accredited investors of Category III Alternative Investment Funds may invest up to twenty per cent of the investable funds in an Investee Company, directly or through investment in units of other Alternative Investment Funds