The Reserve Bank of India (RBI) vide A.P. (DIR Series) Circular No.62 dated January 22, 2015 has extended the availability of benefit conferred under Regulation 7(8) of Notification No. FEMA 10/2000-RB dated May 3, 2000 to an Employee of foreign company or Limited Liability Partnership, who in citizen of Foreign State, and is deputed to a group company in India.
