Directors remuneration
Ketan Mehta
(Querist) 26 June 2013
This query is : Resolved
Dear Experts
Under FEMA Act or any other act for Payments of Director remuneration or commission to foreign citizen director who has person of Indian origin card & permission to enter & exit in India without visa & he/she is resident as defined in income tax act , do required Employment visa for payment of such sums i.e. remuneration or commission. Pl advice.
adv.bharat @ PUNE
(Expert) 08 January 2017
It is sole discretion of the board of director to decide it.