https://www.taxtmi.com/circulars?id=11874 The circular maintains the existing all-in-cost ceiling for External Commercial Borrowings until further review; AD Category I banks must notify constituents, other ECB policy aspects remain unchanged, and the directions are issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, without prejudice to other legal permissions. en-us Tue, 09 Oct 2012 00:00:00 +0530 Wed, 10 Oct 2012 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11874 The circular maintains the existing all-in-cost ceiling for External Commercial Borrowings until further review; AD Category I banks must notify constituents, other ECB policy aspects remain unchanged, and the directions are issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, without prejudice to other legal permissions. Circulars FEMA Tue, 09 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11874