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Page 3 - Outward Remittances

Outward remittances under RBI's LRS surge after FY21 lull due to Covid-19

Under LRS, all resident individuals, including minors, are allowed to remit up to $250,000 in every financial yr for any permissible current or capital account transactions, or a combination of both

Outward remittances under RBI's LRS surge after FY21 lull due to Covid-19
Updated On : 30 Nov 2021 | 8:23 AM IST

Remitting money abroad? Do your research to avoid getting fleeced on cost

Select a player that offers complete transparency on both the transaction fee and the exchange rate it is going to levy

Remitting money abroad? Do your research to avoid getting fleeced on cost
Updated On : 14 Jun 2021 | 5:34 PM IST

Outward remittances cross $1 bn in Sept 2017

The money sent for travel rose to $398 million in September from $217 million a year ago

Outward remittances cross $1 bn in Sept 2017
Updated On : 14 Nov 2017 | 3:37 AM IST

Huge outward remittances a recent phenomenon

Bankers say outward remittances is confusing but can still be attributed to perception of stability in Indian economy

Huge outward remittances a recent phenomenon
Updated On : 05 Apr 2016 | 8:39 AM IST