How will the swap cost of 3.5 per cent be computed? https://www.taxtmi.com/manuals?id=6436 Under FEMA guidance for attracting FCNR(B) dollar funds, the applicable swap cost of 3.5 per cent is to be compounded semi annually for the tenor of the swap, serving as the contractual basis for calculating accrued swap charges over the instrument's duration. en-us Fri, 13 Dec 2024 14:55:00 +0530 Fri, 13 Dec 2024 14:55:00 +0530 TaxTMI RSS Generator How will the swap cost of 3.5 per cent be computed? https://www.taxtmi.com/manuals?id=6436 Under FEMA guidance for attracting FCNR(B) dollar funds, the applicable swap cost of 3.5 per cent is to be compounded semi annually for the tenor of the swap, serving as the contractual basis for calculating accrued swap charges over the instrument's duration. Manuals FEMA Fri, 13 Dec 2024 14:55:00 +0530 https://www.taxtmi.com/manuals?id=6436