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Liberalised Remittance Scheme (LRS) update

Liberalised Remittance Scheme (LRS) update

by Gurpreet Singh | Apr 27, 2017 | Australia, Canada, New Zealand, Reserve Bank of India, United States

Liberalised Remittance Scheme (LRS) updated Reserve Bank of India has updated Master Circular on Liberalised Remittance Scheme (LRS) on April 12, 2017. The new notification under Provision A(6)(iii) has added “acquisition of qualification shares of an overseas...

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