FEMA 1999 - Grant of Loans by Indian Companies to the Employees of their Branches Outside India https://www.taxtmi.com/circulars?id=2069 Indian companies are granted general permission to provide foreign currency loans to employees of their overseas branches for personal purposes, treating such employees as persons resident outside India, and subjecting those loans to the lender's Staff Welfare Scheme/Loan Rules and the same terms and conditions applicable to staff resident in India and abroad. en-us Fri, 20 Feb 2004 00:00:00 +0530 Sat, 04 Oct 2008 11:20:00 +0530 TaxTMI RSS Generator FEMA 1999 - Grant of Loans by Indian Companies to the Employees of their Branches Outside India https://www.taxtmi.com/circulars?id=2069 Indian companies are granted general permission to provide foreign currency loans to employees of their overseas branches for personal purposes, treating such employees as persons resident outside India, and subjecting those loans to the lender's Staff Welfare Scheme/Loan Rules and the same terms and conditions applicable to staff resident in India and abroad. Circulars FEMA Fri, 20 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2069