https://www.taxtmi.com/circulars?id=52829 Authorised Dealer Category I banks may allow remittances by resident individuals up to the enhanced LRS annual ceiling of USD 125,000 for any permitted current or capital account transaction or combination thereof; remittances for prohibited activities such as margin trading and lotteries remain barred, all other terms unchanged, and banks must notify customers and implement the directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. en-us Tue, 03 Jun 2014 00:00:00 +0530 Wed, 04 Jun 2014 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52829 Authorised Dealer Category I banks may allow remittances by resident individuals up to the enhanced LRS annual ceiling of USD 125,000 for any permitted current or capital account transaction or combination thereof; remittances for prohibited activities such as margin trading and lotteries remain barred, all other terms unchanged, and banks must notify customers and implement the directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. Circulars FEMA Tue, 03 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52829