https://www.taxtmi.com/news?id=21276 Regulation of cross border transactions under the foreign exchange statute seeks to facilitate external trade and payments while preserving an orderly forex market. Current account transactions are largely liberalised with limited targeted restrictions; capital account liberalisation is a calibrated process dependent on price, fiscal and financial stability. Policy priorities include a hierarchy favouring real sector and equity direct investment, preference for long term rupee denominated debt, measured expansion of derivatives and on shore hedging, and caution regarding rupee internationalisation and regulatory arbitrage from offshore markets. en-us Fri, 26 Apr 2019 16:14:45 +0530 Fri, 26 Apr 2019 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21276 Regulation of cross border transactions under the foreign exchange statute seeks to facilitate external trade and payments while preserving an orderly forex market. Current account transactions are largely liberalised with limited targeted restrictions; capital account liberalisation is a calibrated process dependent on price, fiscal and financial stability. Policy priorities include a hierarchy favouring real sector and equity direct investment, preference for long term rupee denominated debt, measured expansion of derivatives and on shore hedging, and caution regarding rupee internationalisation and regulatory arbitrage from offshore markets. News - Fri, 26 Apr 2019 16:14:45 +0530 https://www.taxtmi.com/news?id=21276