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Foreign currency (usd) payment in saving account

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 January 2017 I am working online as an independent technical consultant for foreign client. My client pays me in USD or EUR. Is there any problem if I receive money/payment into my saving account ? Is there any upper limit for receiving foreign remittance etc.?
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CA Suresh Jain

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CA Suresh Jain (Expert)
19 January 2017 There is no issue in receiving the FOREX payments in your saving account. Also, no limit

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