India: Minimum Salary Threshold Simplified

As part of the Indian government's efforts to simplify the Indian visa system, the annual salary threshold for foreign nationals to be eligible for the employment visa category will be changed to INR 1,625,000 from USD 25,000. The reason for the change from USD to an amount in INR is primarily to protect employers and foreign employees from falling below the threshold due to foreign exchange fluctuation.

Go to the profile of Fragomen
Dec 02, 2016
0
0
Like 0 Comment

As part of the Indian government's efforts to simplify the Indian visa system , the annual salary threshold for foreign nationals to be eligible for the employment visa category will be changed to INR 1,625,000 from USD 25,000. The reason for the change from USD to an amount in INR is primarily to protect employers and foreign employees from falling below the threshold due to foreign exchange fluctuation.

Effect on Teachers' Salaries

All teachers will likely be exempt from the above threshold and their annual salary will have to be at least INR 910,000. Currently, only foreign language teachers are exempt from this minimum salary requirement. The forthcoming official government notification should provide more clarity on exemptions and other specific information for teachers.

What This Means for Employers and Foreign Nationals

This decision to change the minimum salary threshold from USD to an amount in INR should benefit employers and foreign workers as this figure will not change due to foreign exchange fluctuation. This should also make it easier for foreign nationals to remain eligible for an employment visa when they renew their visa applications.

Fragomen India is monitoring the developments and will issue a detailed update once the official government notification is released.

We worked closely with Fragomen Immigration Services India (Pvt.) Limited ("Fragomen-India") to prepare this alert. It is provided for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to IndiaQueries_NewPolicy@fragomen.com.

Fragomen in India is Fragomen Immigration Services India (Pvt) Ltd., operating exclusively as an immigration consultancy and not as a law firm in India.

© 2016 Fragomen, Del Rey, Bernsen & Loewy, LLP, Fragomen Global LLP and affiliates. All Rights Reserved.

Go to the profile of Fragomen

Fragomen

Immigration Alerts, Fragomen

Fragomen, Del Rey, Bernsen & Loewy, LLP, Fragomen Global LLP and affiliates, (collectively known as “Fragomen Worldwide”) is the world’s largest firm dedicated to corporate immigration, and is recognized as the leading global immigration services provider.

No comments yet.