In a significant relief for beleaguered investment advisors, the Securities and Exchange Board of India (Sebi)…
Tag: LRS
How the budget has eased the rules for international transactions
The relaxations follow the Reserve Bank of India’s recent decision to allow individuals to open foreign…
Demat account: How to invest in international stocks? Here are 4 ways
As India’s consumption-driven economy continues to thrive, the young population fuels the demand for these international…
Does LRS limit apply to NRO account?
I am a businessman and run a clothing company in India. My daughter has gone to…
21% of Singapore NRIs are influenced by global trends in investments, survey reveals
The flourishing Indian economy, thriving startup ecosystem, and supportive government initiatives collectively provide the opportunity for…
Tax collection at source: Who issues a TCS certificate and when?
Tax collection at source, or TCS, is an additional amount collected as tax by a seller…
Can I remit more than $250,000 abroad?
I need to send some money abroad (in excess of $250,000) as a monetary help to…
Explained | The changes to the Liberalised Remittance Scheme
Image for representation only The story so far: On June 28, the Finance Ministry in two…
How to get 5% TCS for remittances beyond ₹7 lakh
The ministry of finance on 28 June deferred the applicability of increased TCS, or tax collected…