Format pack, 3 formats · FV08-D13

Borrowing and Lending Outside ECB, NRIs, Relatives, Directors and Loans to Non-residents

The loans that are not a bank ECB but still cross the border: an individual borrowing from an NRI brother, a company taking money from its NRI director, deposits from NRIs, rupee loans to NRI employees, and resident loans to non-residents. For each: whether it is permitted after the February 2026 changes, the conditions, and the Companies Act and tax consequences.

Length

6 pages

Blanks to fill

66

Files

Word and PDF

Law stated to

16 September 2026

The 3 formats inside

1. 1Declaration by director, money lent to company not out of borrowed fundsCompanies (Acceptance of Deposits) Rules 2014, Rule 2(1)(c)(viii)26 blanksOn its own₹149
2. 2Loan agreement, FEMA and tax clause bank for non-ECB cross-border loansFEMA 3(R)/2018-RB Regs 3A, 6(B)(vi), 7(B)(ii), 7(B)(iii) · ITA 202529 blanksOn its own₹149
3. 3Letter to AD bank, rupee loan to NRI relative under LRSFEMA 3(R)/2018-RB Reg 7(B)(iii) · MD INR B&L para 6 · MD LRS16 blanksOn its own₹149