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
CAclubindia
