Remittance of salary: facility extended to employees deputed to group companies in India and to LLPs under forex rules. Remittance of salary outside India under Regulation 7(8) extends to employees deputed to a group company in India and the term 'company' in that provision includes a Limited Liability Partnership; the Reserve Bank amended the principal Regulations in 2014 to reflect this position and Category I Authorised Dealer banks are to notify their constituents, with the directions issued under FEMA subject to other statutory permissions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Remittance of salary: facility extended to employees deputed to group companies in India and to LLPs under forex rules.
Remittance of salary outside India under Regulation 7(8) extends to employees deputed to a group company in India and the term 'company' in that provision includes a Limited Liability Partnership; the Reserve Bank amended the principal Regulations in 2014 to reflect this position and Category I Authorised Dealer banks are to notify their constituents, with the directions issued under FEMA subject to other statutory permissions.
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