Sun, Nov 10, 2024 | Updated 12:15 IST
RBI directs SBM Bank (India) to immediately stop remittance transactions
Jan 23, 2023
The Reserve Bank of India has directed SBM Bank (India) Ltd to stop all transactions under Liberalised Remittance Scheme (LRS) with immediate effect.
Here's what experts say about changes made in LRS for credit cards
May 18, 2023
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance...
International credit card spend exempted under RBI's remittance scheme within annual limit
The Centre on Tuesday brought international credit card spending outside India under the Liberalised Remittance Scheme (LRS) and issued an explainer on Wednesday to...
Get IndusInd Bank Outward Remittance Services Now Through Bajaj Markets
May 29, 2023
Pune (Maharashtra) [India], May 29: Bajaj Markets, a subsidiary of Bajaj Finserv, in partnership with the IndusInd Bank, now offers access to the IndusInd...
Telangana amends Regularisation of Unapproved and Illegal Layout Rules
Sep 17, 2020
Hyderabad (Telangana) [India], September 17 : Telangana Govemment on Thursday, after careful examination of the requests made by the public, amended 'Telangana Regularisation of...
TCS for international card spend exempted under RBI's remittance scheme upto Rs 7 lakh
May 19, 2023
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs...
Foreign Exchange Industry calls for clarity on proposed 20 per cent TCS: Seeks parity with debit and credit cards
May 25, 2023
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