Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Amendments revise the Borrowing and Lending Regulations to redefine key terms, introduce explicit end-use restrictions (prohibiting funds for chit funds, nidhi companies, specified real estate uses, most agricultural activities, TDR trading, securities trading except strategic corporate actions, repayment of certain domestic INR loans, and prohibited on lending) and update the External Commercial Borrowing (ECB) framework. The ECB framework clarifies eligible borrowers and lenders, currency and form flexibility, borrowing limits, minimum average maturity period requirements, cost and security provisions, conversion to non debt instruments, refinancing rules, reporting obligations including Loan Registration Number procedures and treatment of untraceable borrowers, and related prudential and disclosure conditions.
Amendments revise the Borrowing and Lending Regulations to redefine key terms, introduce explicit end-use restrictions (prohibiting funds for chit funds, nidhi companies, specified real estate uses, most agricultural activities, TDR trading, securities trading except strategic corporate actions, repayment of certain domestic INR loans, and prohibited on lending) and update the External Commercial Borrowing (ECB) framework. The ECB framework clarifies eligible borrowers and lenders, currency and form flexibility, borrowing limits, minimum average maturity period requirements, cost and security provisions, conversion to non debt instruments, refinancing rules, reporting obligations including Loan Registration Number procedures and treatment of untraceable borrowers, and related prudential and disclosure conditions.
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