FEMA 1999 - Current Account Transactions - Remittance for maintenance of close relatives abroad- Requests of Indian Nationals on deputation to India from Overseas Companies
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Remittance of salary for maintenance of close relatives abroad extended to Indian nationals on deputation, authorising authorised dealers to permit transfers. Authorised Dealers may allow remittance of net salary (after deduction of taxes, provident fund contributions and other deductions) for maintenance of close relatives abroad by a citizen of India who is on deputation to the office, branch, subsidiary or joint venture in India of an overseas company, pursuant to Government Notification G.S.R.397(E) which amends Schedule III to include deputation and substitutes 'employment or deputation of' in the explanation.
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 for maintenance of close relatives abroad extended to Indian nationals on deputation, authorising authorised dealers to permit transfers.
Authorised Dealers may allow remittance of net salary (after deduction of taxes, provident fund contributions and other deductions) for maintenance of close relatives abroad by a citizen of India who is on deputation to the office, branch, subsidiary or joint venture in India of an overseas company, pursuant to Government Notification G.S.R.397(E) which amends Schedule III to include deputation and substitutes "employment or deputation of" in the explanation.
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