Overview TCS on Liberalized Remittance scheme
Key Takeaways About the TCS On Liberalized Remittance scheme (LSR) Applicability Concept of Liberalized Remittance scheme as per Reserve Bank of India 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 …