The RBI vide notification dated June 09, 2022 has provided for Discontinuation of a Return under Foreign Exchange Management Act, 1999. It is clarified that ‘Statement for reporting of non-resident guarantees issued and invoked in respect of fund and non-fund based facilities between two persons resident in India has now been decided to be discontinued with effect from the quarter ending June 2022.
Draft Amendments to Pressure Vessel Rules Offer Fee Reductions for Small Businesses and Women Entrepreneurs
Reduced License Fees are proposed for MSEs, Micro & Small Startups, and Women Entrepreneurs across various categories, including storage of compressed gas, auto-LPG and auto-LNG