Explore all blogs
Liberalised Remittance Scheme (LRS): Purpose, Benefits, Eligibilty and Latest RBI Guidelines
The Liberalised Remittance Scheme (LRS), governed under the Foreign Exchange Management Act (FEMA), 1999, is an RBI regulation that allows Indian residents to send up to USD 250,000 per financial year abroad. Eligible users include individuals and minors, while NRIs are excluded. It is re
Written by Siri Hegde K
Published on
