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    <title>Liberalised Remittance Scheme (LRS) for Resident Individuals- Reporting of monthly return and daily transactions</title>
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    <description>LRS reporting obligations for AD Category I banks are migrated to the Centralised Information Management System (CIMS). AD Category I banks must upload the LRS monthly return on or before the fifth of the succeeding month (commencing December 2023) and the LRS daily return on the next working day from December 26, 2023. Monthly and daily returns are assigned return codes R089 and R010 respectively. If no data is to be furnished, a &#039;NIL&#039; report must be uploaded on the CIMS portal.</description>
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    <pubDate>Fri, 22 Dec 2023 00:00:00 +0530</pubDate>
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      <description>LRS reporting obligations for AD Category I banks are migrated to the Centralised Information Management System (CIMS). AD Category I banks must upload the LRS monthly return on or before the fifth of the succeeding month (commencing December 2023) and the LRS daily return on the next working day from December 26, 2023. Monthly and daily returns are assigned return codes R089 and R010 respectively. If no data is to be furnished, a &#039;NIL&#039; report must be uploaded on the CIMS portal.</description>
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