Making Foreign Investments from India: A Comprehensive Guide to the Liberalised Remittance Scheme (LRS) and TCS Adjustments
With increasing interest among Indian investors in global markets, understanding the regulatory framework governing foreign remittances is more important than ever. The Liberalised Remittance Scheme (LRS) introduced by the Reserve Bank of India (RBI) allows resident individuals to remit money overseas for permissible transactions, including investments in foreign stocks. However,…
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