What are the different modes for the payment of rewards to a non-resident informant?

Ans. The reward granted to a foreign person, who is an informant, may be paid by regular banking channel as per guidelines issued by the Reserve Bank of India (otherwise than cash), to his bank account in India or abroad, as requested in writing by the Informant, in Indian Rupees or its equivalent US Dollar at the exchange rate prevailing at the time of actual payment of the reward. Commission or charges for payment in US Dollars shall be deducted from the gross reward amount granted.