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RBI proposes ₹50 lakh LRS sub-limit explained: What does remittance scheme mean for your overseas investments, travel

1 hour ago 1
The RBI has reportedly proposed a ₹50 lakh sub-limit for certain overseas remittances under the Liberalised Remittance Scheme (LRS). Here’s what the LRS means for your travel plans, overseas spending and investments, and which expenses may be exempt.
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