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Remuneration to Foriegn National as WTD

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(Querist)
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
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
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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