Liberalised Remittance Scheme regarding non-residents

Liberalised Remittance Scheme regarding non-residents

Posted By : Juhee Goyal / Published on : 13-Jan-2023 04:55 AM / View : 108 / Comment : 0

Hi Everyone!

Resident individuals (but not permanently resident in India) can remit up to net salary after deduction of taxes. However, if he has exhausted the limit of USD 2,50,000 as net salary remittance and desires to remit any other income under LRS is it permissible as the limit will be over and above USD 2,50,000?

Other Queries from Juhee Goyal

Authorized Signatory and Nominee of the Foreign Company

Posted By : Juhee Goyal / Published on : 29-Apr-2023 06:06 AM / View : 39 / Comments : 0

Hi Everyone!

Whether the Authorized Signatory of Foreign Company can be the same as its Nominee?
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Read more on: company foreign nominee signatory authorized
Liquidation Vs Winding up

Posted By : Juhee Goyal / Published on : 27-Apr-2023 04:13 AM / View : 64 / Comments : 0

Dear All!

What is difference between Liquidation and Winding up?
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Read more on: winding liquidation
Eligibility for Right Shares

Posted By : Juhee Goyal / Published on : 25-Apr-2023 05:00 AM / View : 59 / Comments : 1

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If shares are sold after the ex-date/record date, would eligibility for the rights issue still apply?
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Payment Aggregators (PA) Services

Posted By : Juhee Goyal / Published on : 24-Apr-2023 05:52 AM / View : 46 / Comments : 0

Hi Friends!

Can the services of Payment Aggregators (PA) be used for loan disbursals and repayments?
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Holding of shares of Holding Company by Subsidiary Company

Posted By : Juhee Goyal / Published on : 22-Apr-2023 04:12 AM / View : 41 / Comments : 1

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Can subsidiary company hold shares in its holding company?
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Read more on: company holding subsidiary shares
Compounding Vs Adjudication

Posted By : Juhee Goyal / Published on : 20-Apr-2023 06:43 AM / View : 38 / Comments : 1

Hi All!

What is the difference between Compounding and Adjudication?
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Read more on: adjudication compounding
Peer Review by Proprietor or Partner

Posted By : Juhee Goyal / Published on : 19-Apr-2023 07:18 AM / View : 43 / Comments : 1

Hi Folks!

Can Peer Review be done by proprietor / partner of the Practice Unit peer reviewed by the Reviewer?
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Peer Review by Practicing Company Secretary

Posted By : Juhee Goyal / Published on : 18-Apr-2023 04:57 AM / View : 30 / Comments : 0

Hi Professionals!

Does getting empanelled as a Reviewer with Institute ensures the allotment of Peer Review work?
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Read more on: secretary company practicing review peer

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Liberalised Remittance Scheme regarding non-residents

Other Queries from Juhee Goyal

Authorized Signatory and Nominee of the Foreign Company

Liquidation Vs Winding up

Eligibility for Right Shares

Payment Aggregators (PA) Services

Holding of shares of Holding Company by Subsidiary Company

Compounding Vs Adjudication

Peer Review by Proprietor or Partner

Peer Review by Practicing Company Secretary

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Liberalised Remittance Scheme regarding non-residents

Other Queries from Juhee Goyal

What's New on var today = new Date(); var dd = today.getDate(); var mm = today.getMonth()+1; //January is 0! var yyyy = today.getFullYear(); if(dd<10) { dd='0'+dd } if(mm<10) { mm='0'+mm } today = dd+'/'+mm+'/'+yyyy; document.write(today);

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