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

Dununu.com Dununu

Sponsorluk

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

RSS Feed Business

Posted

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

Please log in to like, share and comment!

IND vs ENG: ‘Want Bumrah and Stokes available...’ - Rob Key

"That’s why people turn on the TV," says Rob Key, Managing Director of the England men's...

By 0 1

Rabindra Mishra appears in court

KATHMANDU: Rastriya Prajatantra Party (RPP) senior vice-chair Rabindra Mishra appeared before the...

By 0 1

'Any Democrat who supports...': DNC activist David Hogg slams party leaders over Iran war stance; urges unity against Trump

Amidst escalating tensions between Iran and Israel, gun control activist David Hogg urges...

By 0 12

EĞİTİM BİLGİLERİ

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

By 0 15

Heavy rains block six major roads across Nepal

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

By 0 15