The Reserve Bank of India (RBI) has allowed the Financial Institutions to conduct businesses in Indian National Rupees in International Financial Services Centres (IFSC). The RBI has issued notification On January 7, 2020, added a new proviso to Foreign Exchange Management (International Financial Services Centre) Regulations to incorporate this change. The Newly added proviso reads […]
The post RBI allows Financial Institutions to Conduct Business in Indian National Rupee in IFSC [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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