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KPMG FLASH NEWS KPMG IN INDIA Liberalization and rationalization of the External Commercial Borrowings Policy 27 April 2012 The Reserve Bank of India (Reserve Bank) has announced liberalization and
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Liberalisation and rationalisation refer to the process of deregulation and streamlining of economic policies and procedures to promote market competition and efficiency.
Liberalisation and rationalisation filings are typically required from businesses and industries in sectors undergoing reform or restructuring.
The specific requirements for filling out liberalisation and rationalisation forms depend on the governing authority. Generally, businesses need to provide detailed information and supporting documentation related to their operations, finances, and proposed reforms.
The purpose of liberalisation and rationalisation is to stimulate economic growth, enhance competition, improve efficiency, and remove barriers to trade and investment in order to create a more favorable business environment.
The required information for liberalisation and rationalisation filings may include financial statements, proposed reform plans, market analysis, impact assessments, and compliance with regulatory guidelines.
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