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March 2014

A. P. (DIR Series) Circular No. 105 dated 17th February, 2014

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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External Commercial Borrowings (ECB) – Reporting arrangements

Annexed to this circular is the new ECB-2 Return. Part E of ECB-2 Return has been modified to capture details of financial hedges contracted by corporates, their foreign currency exposure relating to ECB and their foreign currency earnings and expenditure.

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