Funds from Foreing Company

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..... Respected Sir, we are a 100% subsidery of a Korean Company. We are Registered with ROC in India. We are planning for Borrowing funds on interest from our parent company in Korea. The end use of th .....

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..... e funds will be to meet our our regular operating expenses. Please suggest us, if any, procedure/ approvals, we have to fulfil for that Borrowings. You are requested to clear all aspects related .....

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..... to RBI, Legal and Taxation. Best Regards. Pradeep Kaushik - Reply By sunil jain - The Reply = Though the parent company is eligible lender but the ECB facility is not available for working capit .....

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..... al requirements. This is to the best of my knowledge of the subject. Thanks CA Sunil Jain 9810140664 - Funds from Foreing Company - Query Started By: - Pradeep Kaushik Dated:- 23-9-2011 FEMA - .....

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..... Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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..... agementindia.com - TMI - TaxTMI - TMITax .....

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