What is Liberalized Remittance Scheme (LRS) of USD 2,50,000?
Under the Liberalized Remittance Scheme, all resident individuals, including minors, are allowed to freely Purchase/Remit up to USD 2,50,000 per financial year (April 1st – March 31st).
Under the Liberalized Remittance Scheme, all resident individuals, including minors, are allowed to freely Purchase/Remit up to USD 2,50,000 per financial year (April 1st – March 31st).