Liberalised Remittance Scheme (lrs) News
Opinion
Holding overseas assets is not a crime by itself
Being a shareholder of a foreign company is certainly not a crime, even if the company is controlled by you
3 min read21 Apr 2016Money
RBI raises limit, invest or spend more abroad
Being able to invest a bigger amount abroad opens up avenues; look at returns potential, and taxes
3 min read4 Feb 2015Money
You can invest up to $125,000 overseas in a financial year
Residents may remit up to $125,000 per FY for permitted capital and current account transactions
2 min read1 Dec 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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