Remuneration to Foriegn National as WTD

This query is : Resolved 

11 February 2009 Dear All

Our Client Company intends to appoint a Foriegn National as Whole Time Director.

In this regard can you let me know

1. What are the limits for payment of salary under FEMA and the relavent Rules / Regulations.

2. What are the limits for repatriation of the salary outside india by the Foriegn National.

Regards
Mohit

09 May 2011 there is no limit under FEMA for salary.

no limit for repatriation provided the applicable taxes are paid.

Anuj
0-9810106211



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