https://www.taxtmi.com/circulars?id=53519 Permission to raise External Commercial Borrowings (ECB) for working capital by airline companies in the civil aviation sector is extended until March 31, 2016 on the same terms and conditions under the approval route; AD Category I banks must inform constituents. The Circular is issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and does not affect any other statutory permissions that may be required. en-us Thu, 11 Jun 2015 00:00:00 +0530 Fri, 12 Jun 2015 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53519 Permission to raise External Commercial Borrowings (ECB) for working capital by airline companies in the civil aviation sector is extended until March 31, 2016 on the same terms and conditions under the approval route; AD Category I banks must inform constituents. The Circular is issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and does not affect any other statutory permissions that may be required. Circulars FEMA Thu, 11 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53519