DEAR ALL,
AN INDIAN COMPANY IS A WHOLLY OWNED SUBSIDIARY OF A FOREIGN COMPANY. NOW THE FOREIGN COMPANY PAYS SOME EXPENSES ON BEHALF OF INDIAN COMPANY.
WHAT WILL BE THE FEMA COMPLIANCE REQD. IN THIS REGARDS?
WILL IT GET COVERED UNDER ECB/FDI GUIDELINES ISSUED BY RBI?
THANKS IN ADVANCE
GAURAV
| Originally posted by :Gaurav | ||
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There is one query to you about transferring 150000 Euro for importing machinery from Germany. Is there any limit that maximum one lac USD can be transfered per day?
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O P Bagla & Co LLP
New Delhi
CA Inter
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