TMI BlogLimit of overseas borrowingX X X X Extracts X X X X X X X X Extracts X X X X ..... Limit of overseas borrowing - News and Press Release Dated:- 18-2-2009 - News - Lok Sabha The current overseas borrowing limit for Indian Companies, other than those belonging to Hotels, Hospit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... als and Software Sectors, incorporated under the Company's Act, 1956 is US$ 500 million per financial year for Rupee expenditure and / or foreign currency expenditure for permissible end-uses under th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Automatic Route. Such corporate can also avail of ECB for an additional amount of US$ 250 million with an average maturity period of 10 years under the Approval Route subject to certain conditions. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ECB policy including the overall limit for overseas borrowing is reviewed regularly by the Government in consultation with RBI keeping it in line with the evolving macro-economic situation, changin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g market conditions, sectoral requirements, developments in the external sector and lessons of experience. Consequent upon such a review, the Government has announced certain modifications in ECB poli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cy in January 2009, but no overseas borrowing limit has been increased as such. This information was given by Minister of State for Finance, Shri Pawan Kumar Bansal in reply to a question raised by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Shri P. Karunakaran in Lok Sabha today. - 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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