Payment out of india

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2012 A person is proceeding to Brunei Darussalam for office work. He will be required to make payment to foreign consultants, officials for the following services, please let me know the tax implication of payment modes, Can he pay in cash (USD) or by TCs (USD).
1. Subsistence Allowance to Researchers Rs. 10000X8=80,000
2. Country Research Manager Honorarium Rs. 55,000
3. Rapporteur Rs. 35,000

Please Advice

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
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14 December 2012 As per FEMA you are allowed to take upto US$ 25,000/- for business trip.

Also the answer shall depend on whether the services of the persons is utilised for business in India or outside India.

Anuj
femaquery@gmail.com

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