https://www.taxtmi.com/circulars?id=11511 Developers of NMIZ are permitted to avail of External Commercial Borrowings under the approval route to provide specified infrastructure within NMIZ, matching the extant ECB scope (power, telecom, railways, roads, ports, airports, industrial parks, urban infrastructure, mining/refining/exploration, cold storage). The change is effective immediately; other ECB parameters (recognised lenders, maturity, all-in-cost, prepayment, refinancing and reporting) remain unchanged and the directions are issued under the Foreign Exchange Management Act, 1999. en-us Wed, 29 Feb 2012 00:00:00 +0530 Thu, 01 Mar 2012 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11511 Developers of NMIZ are permitted to avail of External Commercial Borrowings under the approval route to provide specified infrastructure within NMIZ, matching the extant ECB scope (power, telecom, railways, roads, ports, airports, industrial parks, urban infrastructure, mining/refining/exploration, cold storage). The change is effective immediately; other ECB parameters (recognised lenders, maturity, all-in-cost, prepayment, refinancing and reporting) remain unchanged and the directions are issued under the Foreign Exchange Management Act, 1999. Circulars FEMA Wed, 29 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11511