TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
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>Foreign Currency Exchangeable Bond proceeds can be invested in promoter companies or overseas subsidiaries with specific restrictions</h1> Foreign Currency Exchangeable Bond proceeds may be invested by issuing companies in promoter group companies, which must use funds according to External Commercial Borrowings policy guidelines. Promoter group companies cannot utilize proceeds for capital market investments or real estate in India. Alternatively, issuing companies may invest proceeds overseas through direct investment in joint ventures or wholly owned subsidiaries, subject to existing Indian Direct Investment guidelines for overseas investments.
TaxTMI 
