https://www.taxtmi.com/circulars?id=67649 Remittances under the Liberalised Remittance Scheme to IFSCs are expanded: resident individuals may open Foreign Currency Accounts in IFSCs to avail financial services or products within IFSCs and to conduct all permissible current and capital account transactions in other foreign jurisdictions through such FCAs; Authorised Persons must inform customers and the Master Direction on LRS will be updated, subject to other legal permissions. en-us Wed, 10 Jul 2024 00:00:00 +0530 Wed, 10 Jul 2024 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67649 Remittances under the Liberalised Remittance Scheme to IFSCs are expanded: resident individuals may open Foreign Currency Accounts in IFSCs to avail financial services or products within IFSCs and to conduct all permissible current and capital account transactions in other foreign jurisdictions through such FCAs; Authorised Persons must inform customers and the Master Direction on LRS will be updated, subject to other legal permissions. Circulars FEMA Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67649