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You can now grow and smoke cannabis in this European countryCelebrations reminiscent of that after the Berlin Wall fell were seen in Germany’s capitol after the country liberalised rules on cannabis. Sparking up celebratory joints, campaigners celebrated ...
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Will your international credit card spends come under liberalised remittance scheme soon? What you should knowInternational credit card spending new rules soon? If you are planning a foreign holiday, then you may have to take note of the liberalised remittance scheme cap for international credit card spends ...
Indian residents acquiring property abroad must follow strict compliance rules under FEMA and the Income-Tax Act. When buying property overseas, funds are often remitted through the Liberalised ...
Indian investors can easily invest in Nvidia, Tesla, and other US stocks through the Liberalised Remittance Scheme. The RBI, in a notification, said it has reviewed the extant guidelines on LRS ...
Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards
The Central government has amended the rules under the Foreign Exchange Management Act to bring credit card spending outside of India under the ambit of the Liberalised Remittance Scheme (LRS).
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