https://www.taxtmi.com/circulars?id=52909 The Liberalised Remittance Scheme ceiling for resident individuals has been increased to a higher annual limit, authorising AD Category I banks to remit up to that revised ceiling per financial year for permitted current or capital account transactions or a combination thereof; the Scheme is explicitly permitted for acquisition of immovable property outside India and all other existing terms and conditions of prior circulars remain applicable. en-us Thu, 17 Jul 2014 00:00:00 +0530 Fri, 18 Jul 2014 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52909 The Liberalised Remittance Scheme ceiling for resident individuals has been increased to a higher annual limit, authorising AD Category I banks to remit up to that revised ceiling per financial year for permitted current or capital account transactions or a combination thereof; the Scheme is explicitly permitted for acquisition of immovable property outside India and all other existing terms and conditions of prior circulars remain applicable. Circulars FEMA Thu, 17 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52909