DGFT updates the Handbook of Procedures, Vol. 2 with amendments in Standard Input Output Norms for Chemicals, Engineering, and Miscellaneous Products.
Please refer to the Operative Guidelines on the two-way fungibility under the issue of “Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme 1993” issued by Reserve Bank of India (“RBI”) vide its circular no. 21 (DIR Series) dated February 13, 2002.
The Indian securities market has undergone through a rapid expansion during the last decade such as dematerialization, rolling settlement, shorter settlement cycles etc.
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962(52 of 1962) the following notifications issued by Central Government in the Ministry of Finance (Department of Revenue) regarding appointment of officers shall come into force with effect from 25th October, 2002 namely.