https://www.taxtmi.com/circulars?id=11817 Permits use of cost reduction structures in OTC foreign exchange derivatives to hedge exchange rate risk for trade transactions, External Commercial Borrowings, and extends that permission to foreign currency loans availed domestically against FCNR(B) deposits, with regulatory amendments to the FEMA derivative regulations to be notified separately. en-us Wed, 12 Sep 2012 00:00:00 +0530 Thu, 13 Sep 2012 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11817 Permits use of cost reduction structures in OTC foreign exchange derivatives to hedge exchange rate risk for trade transactions, External Commercial Borrowings, and extends that permission to foreign currency loans availed domestically against FCNR(B) deposits, with regulatory amendments to the FEMA derivative regulations to be notified separately. Circulars FEMA Wed, 12 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11817