Key Takeaways about the TCS on LRS Applicability
Key Takeaways About theĀ TCS On Liberalized Remittance scheme (LSR) Applicability Concept of Liberalized Remittance scheme as per RBI Regulation : AD’s Liberalized Remittance/ Transfer Scheme may openly allow Remittance/ Transfer s of up to USD 2,50,000 (April-March) per Financial Year to resident individuals for any approved current or capital account transaction or a combination …