https://www.taxtmi.com/notifications?id=14454 Amendment substitutes the limit in Regulation 4(2)(i) of the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, replacing "twenty five percent" with "fifty percent"; the amendment is titled the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2009 and is deemed effective from 15 October 2008. The notification clarifies that no person will be adversely affected by the retrospective effect of the amendment and records that the change is made under the statute's delegated powers. en-us Tue, 13 Jan 2009 00:00:00 +0530 Wed, 04 Feb 2009 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14454 Amendment substitutes the limit in Regulation 4(2)(i) of the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, replacing "twenty five percent" with "fifty percent"; the amendment is titled the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2009 and is deemed effective from 15 October 2008. The notification clarifies that no person will be adversely affected by the retrospective effect of the amendment and records that the change is made under the statute's delegated powers. Notifications FEMA Tue, 13 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14454