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AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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FII Investment in Government debt long term and corporate debt long term infra category

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....g term infra category 1. The Reserve Bank of India (RBI), vide its circular dated June 25, 2012 has decided to enhance the existing limit for investment by SEBI registered Foreign Institutional Investors (FIIs) in Government debt by a further amount of USD 5 billion taking the overall limit for FII investment in Government debt from USD 15 billion to USD 20 billion. Accordingly, in partial amendm....

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.... under: 2.1. The lock-in period for investments under this limit has been uniformly reduced to one year; and 2.2. The residual maturity of the instrument at the time of first purchase by an FII/ eligible IDF investor would be at least fifteen months. 3. Allocation of limits under Government Debt- Long Term category: Additional limit of USD 5 billion (INR 28,496 crore) as stated in para 1 above....

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....view of changes in lock-in and residual maturity as stated in para 2 above, it has been decided that limit of USD 7 billion (INR 31,387 crore - converted at prevailing exchange rates at the time when the limits were made available) shall be auctioned through electronic bidding process, in terms of SEBI circular IMD/FII&C/37/2009 dated February 06, 2009, subject to the modifications stated below: ....