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    <title>Enactment of Indian Financial Code Necessary for Better Governance and Accountability: FM</title>
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    <description>Proposal for a Indian Financial Code to enhance governance and accountability, accompanied by market reforms: extension of a liberalised withholding tax facility for corporate bonds issued abroad; expanded Bharat Depository Receipt and revamped Indian Depository Receipt schemes; international settlement of Indian debt securities; uniform interoperable KYC norms; a single operating demat account for all financial assets; creation of a Warehouse Development and Regulatory Authority for post-harvest lending; and adoption of new Indian Accounting Standards.</description>
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