11D.18
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Holding of International Conferences/Seminars/Training Programmes in India
(i) Holding of international conferences/ seminars/ training programmes of scientific, technical or educational nature in India as well as remittances towards payment of honoraria to the guest speakers, etc. and fees to the concerned international organisations abroad require prior approval of the concerned Administrative Ministry of Government of India. Further, in the case of participation of overseas invitees, the Indian organisers of the conferences/seminars, etc. are required to seek the clearance from the Ministry of Home Affairs as well as from the Ministry of External Affairs. Applications for remittances towards honoraria/fees etc. by Indian organisers should be made to authorised dealers together with full details such as name of the conference/seminar, details of payments to be made, etc. and original approvals together with certified copies thereof obtained from the concerned Administrative Ministry/Ministry of Home Affairs/Ministry of External Affairs of the Government of India and an undertaking regarding payment of Income-tax together with the Accountants certificate in the prescribed form (cf paragraph 3B.10). Authorised dealers may allow the remittances in accordance with the approval of the Administrative Ministry.
(ii) Authorised Dealers should keep certified copies of the contract and the approvals of the Ministries of the Government of India on record for verification by their internal auditors/Inspecting officers of Reserve Bank.