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LRS outflows drop by 37.68% in October after higher tax levy

The higher TCS rates of up to 20 per cent are applicable on various international spends such as overseas tour packages which include travel related to medical treatment, business, education, pilgrimage, personal gifts and donations, family maintenance and investments.
Foreign Exchange Management Act Reserve Bank Liberalised Remittances Scheme Fdrs Scheme Ise In Overseas Remittances By Indians Fy23 Indias Forex Reserves

Sharp rise in remittances for equity purchases, gifts under LRS in June

According to Reserve Bank of India (RBI) data, fund outflow under the RBI’s Liberalised Remittances Scheme (LRS) shot up to $3.89 billion (Rs 32,000 crore) in June as against $ 2.88 billion (Rs 23,900 crore) in May this year. LRS outflows in June 2022 were just $ 1.98 billion (Rs 16,430 crore).
Foreign Exchange Management Act Liberalised Remittances Scheme Fdrs Scheme Ise In Overseas Remittances By Indians Fy23 Indias Forex Reserves Ndian Express

BBCNEWS BBC News June 4, 2024 14:18:00

Survived the global pandemic if it wasnt for the measures that we had brought into place before the pandemic in terms of the small business bonus scheme. we have worked incredibly hard with business over the years. but i also listen to business when they want a reset of that relationship. that is why we will take longer on the launch of the drs scheme. i am certain that if we said we would go live in august, i would be castigated for that by the opposition. in terms of the points where i do agre...
Wasn T Small Business Bonus Scheme Fdrs Scheme Daniel Johnson Scottish Ministers

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Detailed text transcripts for TV channel - MSNBC - 20120403:10:08:00

Beauty. john marshall created this. he was careful, he never went too far from 1801 through showdowns with jackson. impeach earl warren said that, he was never in real jeopardjeo. its been a system that worked. i think people like this system. i dont think people like it when presidents directly assault the supreme court. it throws things out of whack. i dont think people like that. >> its so interesting, john heilemann, you can go back to 2000 in bush v. gore. the supreme court will never recov...
John Marshall Earl Warren Real Jeopardjeo John Heilemann Assault The Supreme Court Supreme Court

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