https://www.taxtmi.com/acts?id=53302 Funds borrowed under the Borrowing and Lending framework cannot be used for specified restricted activities, including chit funds, nidhi companies, real estate business, farmhouses, transferable development rights, prohibited securities transactions, and repayment of restricted-use or non-performing domestic INR loans. Construction-development projects require trunk infrastructure before plot sales, while industrial parks must meet unit, area-occupation and industrial-allocation conditions. Limited agricultural, animal-husbandry and plantation activities are permitted. Corporate-action securities transactions are allowed only for strategic long-term value creation, and prohibited end-uses cannot be funded through on-lending. en-us Tue, 17 Feb 2026 11:29:27 +0530 Tue, 08 Sep 2026 12:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53302 Funds borrowed under the Borrowing and Lending framework cannot be used for specified restricted activities, including chit funds, nidhi companies, real estate business, farmhouses, transferable development rights, prohibited securities transactions, and repayment of restricted-use or non-performing domestic INR loans. Construction-development projects require trunk infrastructure before plot sales, while industrial parks must meet unit, area-occupation and industrial-allocation conditions. Limited agricultural, animal-husbandry and plantation activities are permitted. Corporate-action securities transactions are allowed only for strategic long-term value creation, and prohibited end-uses cannot be funded through on-lending. Act-Rules FEMA Tue, 17 Feb 2026 11:29:27 +0530 https://www.taxtmi.com/acts?id=53302