Compensation to family of employee who met with fatality.

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shubham agrawal (Querist)
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10 July 2018 Mr. X who was working in Qatar died due to accident on site. The employer, a German MNC intends to financially support his family by providing a contribution of Euro 50,000 to his family members living in Telengana in the form of monthly pay outs. The German MNC also has one subsidiary in India.

What is the best route to do so without much hassle?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 July 2018 Monthly payment is taxable deduct TDS and pay monthly family relief.

shubham agrawal

shubham agrawal (Querist)
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11 July 2018 Dear sir,

Thanks for the reply.
Actually my query is what route should I follow to make the payment because the holding company wants to route this payment through its indian subsidiary (to save from cumbersome RBI compliances) which has no relation with the deceased employee. Can we route this payment under Foreign Contribution Regulation Act, 2010 by establishing a trust Fund.,

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