General Permission is available to ship manning /crew managing agencies that are rendering services to shipping /airlines companies incorporated outside India to maintain a non-interest bearing foreign currency account with […]
In order to facilitate Rupee denominated borrowing from overseas, it has been decided to put in place a framework for issuance of Rupee denominated bonds overseas within the overarching ECB […]
Black Money and imposition of Act 2015 has been introduced to curb the foreign undisclosed income but it is hereby clarified that no proceedings shall lie against the declarant if […]
According to this notification it is advised that banks which have CRAR of 10 per cent or more and have also made net profit as of March 31 of the […]
The Bank Rate stands adjusted by 50 basis points as announced in four bimonthly monetary policy statement from 8.25 to 7.75 per cent. All penal rates on shortfall linked to […]
In the foreign exchange management regulation 2000, the following clause shall be inserted in schedule 9, for the transfer of security by the person resident outside India, All LLP’s who […]
The Government of India has approved the implementation of the Interest Subvention Scheme for the year 2015-16 for short term crop loan up to INR 3lakh. Interest subvention of 2% […]
