How much money can parents send to their kids abroad?1 min read . Updated: 01 Jul 2021, 07:01 PM IST
- Under the Foreign Exchange Management Act (FEMA) provisions, an Indian citizen can remit up to $250,000 (around Rs1.86 crore at present) in a financial year for specified transactions
If your kids studying or working abroad need money, how much can you transfer them at one go?
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