Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limits
The rapidly increasing outbound remittances peaked to $1.69 billion in July (for a single month) 2019
Union Budget 2019: Importance of capital account dealing with receipts, expenditures and creation, dilution of assets
The capital account, as the name suggests, deals with receipts and expenditures that lead to the creation or dilution of assets.