https://www.taxtmi.com/circulars?id=53061 Concessional withholding under Section 194LC is available for long term bond issues by Indian companies that comply with FEMA borrowing regulations, have an RBI Loan Registration Number, and possess an original maturity of at least three years. The Central Government approves such bond issues and the applicable interest rate is any rate within the RBI's all-in-cost ceilings relevant to the bond's tenure. Approval avoids case-by-case clearances and existing approvals for loan agreements are extended to the revised concluding eligibility date. en-us Fri, 17 Oct 2014 00:00:00 +0530 Mon, 20 Oct 2014 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53061 Concessional withholding under Section 194LC is available for long term bond issues by Indian companies that comply with FEMA borrowing regulations, have an RBI Loan Registration Number, and possess an original maturity of at least three years. The Central Government approves such bond issues and the applicable interest rate is any rate within the RBI's all-in-cost ceilings relevant to the bond's tenure. Approval avoids case-by-case clearances and existing approvals for loan agreements are extended to the revised concluding eligibility date. Circulars Income Tax Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53061