Liberalized Remittance Scheme

Money

GIFT City allows Indians to build global portfolios: Sandeep Batra

Within GIFT City, investors can open multi-currency accounts and access outbound funds for investing in the US, Nasdaq, or emerging markets, says Sandeep Batra, head of international wealth and premier banking at HSBC India.

1 min read17 Feb 2026
Money

The tax implications of selling US-listed bonds

Bonds listed exclusively on foreign stock exchanges are treated as unlisted bonds

2 min read1 Sep 2025
Money

Retail funds in GIFT City: What investors must know about tax implications

The launch of India’s first open-ended retail fund in GIFT City opens a new investment avenue—but leaves Indian investors grappling with unclear tax treatment under existing trust taxation norms.

3 min read9 Jul 2025
Money

What is liberalised remittance scheme and its benefits? All you need to know

The liberalized remittance scheme (LRS) allows Indian residents to remit funds abroad for various specified purposes without any restrictions or prior approval from the RBI. It has several advantages but is subject to certain eligibility criteria which should be considered carefully.

3 min read16 Feb 2023