The Great Indian Remittance Shift: Why Education Financing Defied the TCS Crunch in July 2025

Affluence Advisory , Last updated: 24 November 2025  
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The financial landscape of India's cross-border transactions is undergoing a profound transformation. Recently, the Reserve Bank of India (RBI) revealed a compelling paradox on the Liberalised Remittance Scheme (LRS) for July 2025. While overall outward remittances declined by 11% year-over-year (Yo

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