Liberalised Remittance Scheme: purchases of foreign travel air tickets booked in India count toward LRS entitlement. Residents may book air tickets in India for travel between third countries through domestic or foreign carriers; such purchases are included within the traveller's overall Liberalised Remittance Scheme entitlement and must be accounted for under that limit.
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Provisions expressly mentioned in the judgment/order text.
Liberalised Remittance Scheme: purchases of foreign travel air tickets booked in India count toward LRS entitlement.
Residents may book air tickets in India for travel between third countries through domestic or foreign carriers; such purchases are included within the traveller's overall Liberalised Remittance Scheme entitlement and must be accounted for under that limit.
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