FAQs related with LRS Scheme (USD 2,50,000 per FY)
FAQs related with Liberalised Remittance Scheme (USD 2,50,000 per FY) Q1. What is the Liberalised Remittance Scheme of USD 2,50,000? Ans .: Under the Liberalised Remittance Scheme, resident individuals, including minors, are permitted to remit up to USD 2,50,000 per financial year (April–March) for permissible current and capital account transactions, or a combination thereof. The …