Payment of salary to a foreign national
This query is : Resolved
15 July 2010
We appointed one foreign national to work for us and she rendered her services in India only. However, since she does not have a bank account in India so she want a direct transfer of her stipend in her foreign bank account. Is it possible to remit the amount or it is illegal?
16 July 2010
Wat is the amount tat is paid to her.. it corresponds to FEMA rules
16 July 2010
The amount is only Rs.17000.
16 July 2010
Is there any restriction on the company estd. u/s 25 for payment of legal/professional fees to a foreign national?
20 July 2010
the payment would have to be under FEMA, ie provided the agreement or terms of appointment state payment in foreign currency directly.
Further, there would be implication of tax as the service is rendered in India. whether the concerned person bears the tax or of the same is grossed up and borne by the entity is a commercial decision.
Further, there would be implication of tax as the service is rendered in India. whether the concerned person bears the tax or of the same is grossed up and borne by the entity is a commercial decision.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
