How much maximum amount of commission can be paid to each broker without Reserve bank of India (RBI) approval? (Ignore the USD - Rupee Exchange Rate)

The maximum amount of commission that can be paid to each broker for each transaction, without RBI approval is, more of- USD 25,000 or 6lakh [i.e. 5% of (60% of 2 crore)]. Thus,6,00,000 can be paid to each broker as commission without taking any prior approval of the RBI.