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Credit card expenditures in foreign currency will fall under RBI’s remittance scheme

By Rahul MehraMay 18, 2023

According to a notification issued by the Finance Ministry on May 16, Indian residents are permitted to remit up to a maximum of $2.50 lakh per year abroad without requiring authorization from the RBI.

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Browsing: credit card expenditures

Credit card expenditures in foreign currency will fall under RBI’s remittance scheme

Beyond Borders: The Global Rise of Wai Wai Noodles

SpeedX Teams Up with Tata Cliq Luxury to Launch Tandur for Contemporary Homes

India Accelerator Debuts in Pune with $0.5 Million Investment in Foster Startup Innovative Co-working Class

RRP Electronics looking for $ 25 million revenues from MoU with AMB, Taiwan for Memory modules

Shiprocket launches AI Powered Shiprocket Copilot to empower a Self-Reliant Digital Future for over 1,00,000+ Indian MSMEs

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Browsing: credit card expenditures