The Ministry of Finance on 5th October 2021 has published the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2021 to further amend the Foreign Exchange Management (Non-debt Instruments) Rules, 2019.
Through this amendment, the ministry has permitted foreign investment up to 100% under the automatic route in oil and gas Public Sector Undertakings which have received in-principle approval for strategic disinvestment.
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the
The suggestion relating to the appointment process aims to achieve better shareholder participation in the appointment process of PIDs. For improving ease of doing business
It is proposed that merchant bankers, other than Banks, Public Financial Institution and their subsidiaries, shall undertake only those activities, which are related to securities
DoT has notified ‘Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024’. The rules provide for powers and functions of administrator, who will be responsible for
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