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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Conversion of ECB Principal and Interest into Equity Allowed Under Paragraph 7.4 of Master Direction No. 5</h1> Yes, the current norms allow for the conversion of both the principal and interest of External Commercial Borrowings (ECB) into equity. This is subject to certain conditions outlined in Paragraph 7.4 of the Master Direction No. 5 on 'External Commercial Borrowings, Trade Credits and Structured Obligations' dated March 26, 2019.
TaxTMI 
TaxTMI 
