Borrowings from outside India by a person resident in India [See Regulations 4(A)(iv), 4(B)(i), 4(B)(iv), 6(A), 6(B)(i), 6(B)(vii)] https://www.taxtmi.com/acts?id=33732 The External Commercial Borrowing Framework permits eligible non-individual resident entities to raise foreign-currency or Indian Rupee borrowings from recognised lenders, subject to borrowing limits, maturity requirements and market-based costs. Drawdown requires a Loan Registration Number through the designated AD Category I bank. ECB proceeds must be held and temporarily invested through permitted account arrangements. Security, refinancing, conversion into non-debt instruments and changes to borrowing terms are allowed subject to specified conditions. Borrowers must report ECB details, changes, receipts and debt servicing within prescribed timelines; late reporting may attract a late submission fee. en-us Sat, 22 Dec 2018 13:36:07 +0530 Tue, 08 Sep 2026 12:42:44 +0530 TaxTMI RSS Generator Borrowings from outside India by a person resident in India [See Regulations 4(A)(iv), 4(B)(i), 4(B)(iv), 6(A), 6(B)(i), 6(B)(vii)] https://www.taxtmi.com/acts?id=33732 The External Commercial Borrowing Framework permits eligible non-individual resident entities to raise foreign-currency or Indian Rupee borrowings from recognised lenders, subject to borrowing limits, maturity requirements and market-based costs. Drawdown requires a Loan Registration Number through the designated AD Category I bank. ECB proceeds must be held and temporarily invested through permitted account arrangements. Security, refinancing, conversion into non-debt instruments and changes to borrowing terms are allowed subject to specified conditions. Borrowers must report ECB details, changes, receipts and debt servicing within prescribed timelines; late reporting may attract a late submission fee. Act-Rules FEMA Sat, 22 Dec 2018 13:36:07 +0530 https://www.taxtmi.com/acts?id=33732