Liberalised Remittance Scheme (LRS) for Resident Individuals- Reporting of monthly return and daily transactions

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....porting of monthly return and daily transactions Attention of all Authorised Dealer Category-I (AD Category- I) banks is invited to A.P. (DIR Series) Circular No. 07 dated June 17, 2021, in terms of which, AD Category-I banks were required to upload data in respect of number of applications received and the total amount remitted under Liberalised Remittance Scheme (LRS) on a monthly basis on XB....

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....onthly return on or before fifth of the succeeding month commencing from the reporting month of December 2023, and LRS daily return from December 26, 2023 onwards on the next working day on CIMS portal (URL: https://sankalan.rbi.org.in). In case no data is to be furnished, AD Category-I banks shall upload a 'NIL' report. 4. AD Category-I banks may bring the contents of this circular to the noti....