Remittances for the maintenance of close relatives dropped sharply by 37.17 per cent Y-o-Y to$ 1.92 billion from$ 3.05 billion....
Funds allocated for overseas education also declined by 12.83 per cent Y-o-Y to$ 1.60 billion, compared to$ 1.84 billion in the year-ago period....
About the LRS scheme The LRS, introduced in 2004, allows resident individuals, including minors, to remit up to$ 250, 000 per financial year for permissible current or capital account transactions, or a combination of b
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2024-11-21 00:00:00.0