TMI BlogBorrowers in services sectors eligible to avail ECBX X X X Extracts X X X X X X X X Extracts X X X X ..... Borrowers in services sectors eligible to avail ECB - Commentaries / Editorials Dated:- 1-6-2008 - News - The External Commercial Borrowing (ECB) policy is regularly reviewed by the Government in con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sultation with Reserve Bank of India (RBI) to keep it in tune with the evolving macroeconomic situation, changing market conditions, sectoral requirements, the external sector and lessons of experienc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e. Consequent upon such a review, it has been decided to modify some aspects of the ECB policy as indicated below: At present, borrowers in the services sector are not eligible to avail ECB under t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he automatic route. It has been decided that henceforth borrowers in the services sector viz hotels, hospitals and software companies may avail ECB upto US$ 100 million for import of capital goods und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er the approval route. These amendments in the ECB Policy will come into force on the date of Notification of Regulations/directions issued by the Reserve Bank in this regard under the Foreign Exch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ange Management Act, 1999 . BSC/KW/MP/135/08 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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