October 29, 2026
Business

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

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.

​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. by Soban News (international And National News)

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