Strict checks coming in! RBI to tighten rules for overseas...

Dununu.com Dununu

Patrocinado

Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned

RSS Feed Business

Postado

100

The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting foreign currency deposits with lock-in periods. These modifications aim to prevent the Liberalised Remittance Scheme from being used for passive wealth shifting, a concern for the RBI.

Read Full Article

Faça Login para curtir, compartilhar e comentar!

UPSC NDA, CDS II 2025 registration ends today: Check direct link to apply online and required list of documents here

Por 0 3

Heavy rains block six major roads across Nepal

KATHMANDU: Monsoon rains have triggered landslides and flash floods across various parts of...

Por 0 4

Watch: 'We had some pretty good battles,' Rohit Sharma sends message to Angelo Mathews ahead of farewell Test

Angelo Mathews, the Sri Lankan cricket icon, will retire from Test matches after his 119th...

Por 0 7

Controversy avoided! R Ashwin, team cleared of ball-tampering allegations in TNPL

R Ashwin, the former Indian cricketer, has been cleared of ball-tampering allegations in the...

Por 0 7

'Only allows you to text in caps': Donald Trump launches mobile phones; social media reacts

Donald Trump has launched Trump Mobile, offering a gold-colored T1 Phone for $499 with a $47.45...

Por 0 12