Question is that My one of Client provide service ot Foreign Company and raising fees nere about Rs. 25 coror
Any one tell me that Is there required permission from RBI and any goverement authority ??
AMIT MISHRA
(Legal Professional)
(393 Points)
Replied 29 July 2011
Dear Kalpesh,
In this regard no RBI permission is required. Though the amount needs to be repatriated by the foreign client within stipulated time period.
Thanks & Regards
Amit Mishra
BSAMRISH & CO.