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    Liberalised Remittance Scheme regarding non-residents

    Posted By : Juhee Goyal / Published on : 13-Jan-2023 04:55 AM / View : 283 / Comment : 0

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    Hi Everyone!

    Resident individuals (but not permanently resident in India) can remit up to net salary after deduction of taxes. However, if he has exhausted the limit of USD 2,50,000 as net salary remittance and desires to remit any other income under LRS is it permissible as the limit will be over and above USD 2,50,000?
    Read more on : residents regarding scheme remittance liberalised

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