Foreign Exchange (Currency) Markets: The foreign exchange market in India is regulated by Reserve Bank of India (RBI). Guidelines have been established for trading in foreign exchange. Limits for investments abroad and policy for purchase of foreign exchange when an individual is travelling to a foreign country or for any...
Foreign Exchange Regulations And Taxation Issues Introduction Taxation is one of the core variables for various financial decisions such as international investment decisions, international working capital decisions, fund raising decisions, and decisions regarding dividend and other payments. These decisions become more complex when we take into consideration the multiple tax...
Role Of Export Import Bank Of India Export-Import Bank of India [EXIM BANK] was set up by an Act of Parliament on January 1, 1982 for the purpose of financing, facilitating and promoting the foreign trade of India. It is the principal financial institution for coordinating the working of institutions...
Export Credit In Foreign Currencies Reserve Bank of India has permitted the authorized dealers in foreign exchange to extend Export Credit, both Pre-Shipment and Post-Shipment, in Foreign Currencies viz U.S Dollars, Pound Sterling, Japanese Yen, Euro, etc. Pre-Shipment Export Credit In Foreign Currencies Pre-Shipment Credit in foreign currency is...
Export Credit And Letter Of Credit Export Credit The credit required by an exporter from a banker is broadly divided into two categories, viz [1] Pre-Shipment Credit [2] Post-Shipment Credit. Both of these may be acquired either in Indian Rupees or in Foreign Currencies. Hence, Export Credit may be further...
Cost Of Capital For MNCs Introduction The term Cost Of Capital refers to the minimum rate of return that a firm must earn on its investments so as to keep the value of the enterprise in tact. It represents the rate of return which the firm must pay to the...