Sitting fees to independent Directors
This query is : Resolved
18 August 2009
hey,
Can sitting fees be paid to indian independent directors in foreign currency?
Please help.
thanks!
Can sitting fees be paid to indian independent directors in foreign currency?
Please help.
thanks!
Ankur Garg
(Expert)
18 August 2009
No.
Without specific RBI approval the same is not possible.
Without specific RBI approval the same is not possible.
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