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of <h1>Liberalised Remittance Scheme allows unlimited frequency of transfers, but total cannot exceed USD 250,000 annually.</h1> There are no restrictions on the frequency of remittances under the Liberalised Remittance Scheme (LRS) as of April 6, 2023. However, the total foreign exchange remitted from all sources in India during a financial year must not exceed USD 250,000. Once a resident individual has remitted up to this limit, they cannot make further remittances under the scheme within the same financial year, even if the investment proceeds have been returned to India.
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