TaxTMI 
TaxTMI 
$ 1million Foreign Remittance per project w/o RBI approval is PER PAYEE or not
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.... 1million Foreign Remittance per project w/o RBI approval is PER PAYEE or not<br> Query (Issue) Started By: - Pawan Sehrawat Dated:- 20-11-2013 Last Reply Date:- 12-11-2015 FEMA<br>Got 1 Reply<br>FEMA....
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....<br>Hi all, I have a minor confusion. RBI approval required for Remittances exceeding US$ 10,000,000 per project for any consultancy services in respect of infrastructure projects and US$ 1,000,000 p....
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....er project, for other consultancyservices procured from outside India. My silly question is, limit is PER PAYEE or for all payee's taken together. thanks in advance. Pawan Sehrawat Reply By MARIAPPAN ....
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....GOVINDARAJAN: The Reply: Whatever it may be, it is related to per project.<br> Discussion Forum - Knowledge Sharing ....