https://www.taxtmi.com/notifications?id=147035 Factoring business in an International Financial Services Centre requires registration, subject to statutory exemptions. Registration depends on prior Finance Company registration, relevant factoring experience, adequate infrastructure, fitness and propriety, financial soundness, and absence of judicial proceedings for breach of law. Trade receivables financed through a Trade Receivables Discounting System must be filed with the Central Registry within ten days of assignment or satisfaction, with limited additional time available for delayed filing on application and payment of the prescribed fee. en-us Mon, 18 Nov 2024 00:00:00 +0530 Wed, 23 Sep 2026 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147035 Factoring business in an International Financial Services Centre requires registration, subject to statutory exemptions. Registration depends on prior Finance Company registration, relevant factoring experience, adequate infrastructure, fitness and propriety, financial soundness, and absence of judicial proceedings for breach of law. Trade receivables financed through a Trade Receivables Discounting System must be filed with the Central Registry within ten days of assignment or satisfaction, with limited additional time available for delayed filing on application and payment of the prescribed fee. Notifications Indian Laws Mon, 18 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147035