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Can an Indian resident pay in USD and vice versa a resident from abroad pay in Indian Rupees?

April 26, 2017abroad indian pay resident Rupees USD versa

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Can an Indian resident pay in USD and vice versa a resident from abroad pay in Indian Rupees?

3 Answers

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An Indian resident has to pay in Indian rupees (Rs. 210, 000/-) only and any resident residing outside India needs to pay in USD (in dollars equivalent to Rs. 210, 000/-).

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An Indian resident has to pay in Indian rupees (Rs. 50, 000/-) only and any resident residing outside India needs to pay in USD (in dollars equivalent to Rs. 50, 000/-).

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An Indian resident has to pay in Indian rupees (Rs. 275000/-) only and any resident residing outside India needs to pay in USD (in dollars equivalent to Rs. 275000-).