Liberalised Remittance Scheme (LRS) for Resident Individuals-Discontinuation of Reporting of monthly return

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....tion of Reporting of monthly return Attention of all Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 36 dated April 04, 2008 read with A.P. (DIR Series) Circular No. 11 dated December 22, 2023, in terms of which, AD Category-I banks were required to furnish information on the number of applications received and total amount remitted under LRS on a....

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....ular No. 106 dated May 23, 2013, A.P. (DIR Series) Circular No. 23 dated April 12, 2018, A.P. (DIR Series) Circular No. 07 dated June 17, 2021 and A.P. (DIR Series) Circular No. 11 dated December 22, 2023 stand withdrawn with immediate effect. 5. AD Category-I banks shall bring the contents of this circular to the notice of their constituents. The Master Direction - Reporting under Foreign Exch....