https://www.taxtmi.com/acts?id=33725 Regulation 2 defines key terms for the Borrowing and Lending Regulations, identifying External Commercial Borrowing (ECB) and External Commercial Lending (ECL), defining trade credit, and specifying benchmark rate and cost of borrowing. It cross-references institutional account and entity definitions (Authorised Dealer/Bank, EEFC, NRE/NRO/FCNR(B), SNRR), aligns corporate concepts of control and net worth with company law or tailored definitions, and clarifies what constitutes real estate business and its exclusions for the purposes of permissible end uses under the regime. en-us Sat, 22 Dec 2018 13:33:26 +0530 Tue, 17 Feb 2026 10:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33725 Regulation 2 defines key terms for the Borrowing and Lending Regulations, identifying External Commercial Borrowing (ECB) and External Commercial Lending (ECL), defining trade credit, and specifying benchmark rate and cost of borrowing. It cross-references institutional account and entity definitions (Authorised Dealer/Bank, EEFC, NRE/NRO/FCNR(B), SNRR), aligns corporate concepts of control and net worth with company law or tailored definitions, and clarifies what constitutes real estate business and its exclusions for the purposes of permissible end uses under the regime. Act-Rules FEMA Sat, 22 Dec 2018 13:33:26 +0530 https://www.taxtmi.com/acts?id=33725