TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Indian residents can borrow rupees from overseas sources under Regulation 6 FEMA with specific conditions</h1> Regulation 6 under FEMA governs borrowing in Indian Rupees by Indian residents from overseas sources. Authorized dealers and eligible resident entities may raise rupee-denominated external commercial borrowings per Schedule I provisions. Importers can obtain trade credit in rupees for goods import under foreign trade policy guidelines. Residents may borrow from non-resident Indians or overseas citizens of India cardholders subject to Reserve Bank conditions. Financial institutions established under parliamentary acts require government approval for overseas rupee borrowings for onward lending purposes.
TaxTMI 
TaxTMI 
