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    <title>Liberalised Remittance Scheme for Resident Individuals – Reporting</title>
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    <description>AD Category I banks must report monthly Liberalised Remittance Scheme data via the XBRL system (replacing ORFS), uploading required information by the fifth day of the succeeding month from the July 1, 2021 cycle; user IDs will be provided and &#039;nil&#039; should be uploaded if no data exists. The direction is issued under FEMA and without prejudice to other legal permissions.</description>
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