Liberalised Remmitance Scheme

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Chartered Accountant
7550 Points Posted on 22 March 2021

What are the prohibited items under the Liberalised Remmitance Scheme?

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On 22 March 2021 at 20:11 Report
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Chartered Accountant
24588 Points Posted on 22 March 2021
Any person can remit foreign funds upto USD 250000 with the approval from RBI and under Liberalised Remittance Scheme any person can transfer foreign funds above USD 250000 in case of medical emergency and education purposes
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On 22 March 2021 at 21:59

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