Latest News on Liberalised Remittance Scheme
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Liberalised Remittance Scheme - Total results - 5
Oct 24, 2018
Demonetisation: Narendra Modi govt's moves to curb black money reaps benefits with increased tax collectionThe Narendra Modi government has done remarkably well on the taxation front and its subset black money.
Jun 29, 2018
Indian money stashed in Swiss banks swells by 50%: Strong action will be taken against illicit deposits, says Piyush GoyalIndia would start getting details of bank accounts from Switzerland under a bilateral treaty, finance minister Piyush Goyal said
Jun 16, 2017
ED seizes Rs 7 cr of Delhi jewellers in Panama Papers caseThe ED investigation revealed that huge amounts were sent out of India by the four accused by mis-utilizing the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India in the garb of making investments abroad.
Feb 04, 2015
Buying that exotic home overseas just got easier thanks to Raghuram RajanBuying that dream home in an exotic location abroad just got easier as the Reserve Bank of India (RBI) on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000 from $1,25,000 as India's foreign exchange reserves have scaled an all-time high.
Aug 16, 2013
It's 1991 again as RBI clamps capital controls, bans property buy abroadThe limits have been lowered for Indian companies seeking to invest abroad and Indian citizens wanting to remit money abroad.