Browsing: liberalised remittance scheme

I am a businessman and run a clothing company in India. My daughter has gone to the US for her…

The flourishing Indian economy, thriving startup ecosystem, and supportive government initiatives collectively provide the opportunity for appealing returns. Additionally, NRIs…

I have a son (17) and daughter (21). Mu daughter plans to go abroad for two years. I have two…

In a step that would come as relief to individuals travelling abroad, the Centre on Friday excluded up to Rs…

From July 1, your credit card transactions abroad will get costlier. Not only will you have to pay a higher…

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) in February dipped 23 per cent over…

A further analysis indicated FCNR (B) deposits were $18.4 billion this February, marginally up from $18.2 billion in January The…

India had limited foreign exchange reserves post-independence. Post-liberalisation changed this, India solidified its position in the global market, and capital…

The finance ministry has asked the Reserve Bank of India (RBI) to look into…

The Reserve Bank of India on Monday ordered SBM Bank (India) Ltd to stop all transactions under the liberalised remittance…