Hello all,
Whether foreign remittances received from a relative are to be
treated as foreign contribution as per FCRA, 2010?
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?
Dear Sir/Madam,
We are filing form FC TRS for a Company and have received a rejection from AD Banker Stating-"Remitting Bank and KYC issuing Bank differs." Kindly let us know whether it is compulsory to have the same Bank for Remittance and KYC. If it is compulsory to have the same bank, Kindly suggest how to file FC TRS.
Note that in our case both the Banks are different.
Hi,
Plz can you help regarding compounding application to RBI for delay in receiving inward remittance.
Hi,
Plz can you help regarding compounding application to RBI for delay in receiving inward remittance.
Hi
Anyone deal in Remittance and Regularisation of Shipping Bill and ECGC Compliance.
Kindly let me know , i wanted to discuss 1 -2 points
Looking forward to the reply.
Thanks in advance
Dear Members,
Can anyone please help or guide on Settlement of Remittance and Regularization of Shipping Bills.
A LLP in India wants to take contribution from foreign entity at the time of contribution.
When approached to the bank, bank has told us to use Inward Remittance Code.
Can someone please guide me as to which code to be used?
PFA RBI Circular for the same as given by the bank. Please refer page 15 onward.
Is the GST applicable for foreign remittance?