Payment to NRI in Foreign Currency

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desi_driller
Member since: Sep 04

Posts: 419
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Post ID: #PID

Posted on: 11-12-06 00:24:18

Hi,
I am still a Indian citizen with Canadian PR. I am gettinga offer witha Indian Company in Mumbai on Rotational basis that is 4 weeks in India ( on Job) followed by 4 Weeks off in Canada. My question is Can this Company pay my Consultancy fees/Salary in Foriegn Currency ( USD/CAD) in my Account in canada.( After deducting withholding tax). I want only the Legal option ( no shortcuts please).
All Inputs are welcome.
PS- searched RBI site but not very clear answers

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Driller the thriller

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Payment to NRI in Foreign Currency

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