The extant LRS through the IFSCs allows only remittances under making investments in IFSCs in securities except those issued by resident entities/companies and for payment of education fees to foreign universities or foreign institutions in IFSCs for pursuing courses mentioned in the gazette notification.
However, the central bank said the revised norms will still be subject to the International Financial Services Centres Authority Act, 2019 within IFSCs.
هذه القصة مأخوذة من طبعة July 11, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 11, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
CINDY-RELLA DREAM CONTINUES
The Cameroon-born boxer who moved to United Kingdom in search of better life is now the flagbearer of Refugee Olympic Team
50% increase in personal income tax mop-up in Q1
A 50% growth in personal income tax collections has helped the Centre's gross tax collection surge 23.65% in the first quarter of the current financial year.
Core sector output at 20-month low of 4% in June
THE output of the country's eight key infrastructure industries grew by 4% year-on-year in June, slowest in last 20 months owing to a high base effect and reduced electricity demand due to the monsoon season among other reasons.
Reached settlement with Byju's: BCCI tells NCLAT
THE Board of Control for Cricket in India (BCCI) has now arrived at a settlement with edtech major Byju's over Rs 158 crore debt.
Toyota to invest 20K cr for setting up plant in Maha
TOYOTA Kirloskar Motor (TKM) on Wednesday signed a Memorandum of Understanding (MOU) with the Government of Maharashtra to set up a ₹20,000 crore manufacturing facility at Chhatrapati Sambhaji Nagar.
Maruti Suzuki PAT rises 47% to ₹3,650 cr
Volume was largely led by growing sales of sports utility vehicles as hatchback sales remained under pressure
ISIL-K handlers based in India recruiting lone-wolf attackers: UN
TERROR group Islamic State in Iraq and the Levant Khorasan (ISIL-K) seeks to recruit lone actors through their handlers based in India, despite not being able to conduct large-scale attacks in the country, a UN report has said.
UK mob hijacks vigil on stabbing, attacks mosque
A far-right mob targeted a mosque in northwest England that saw three young girls fatally stabbed during a peaceful vigil in their memory and around 40 police officers suffered injuries in the disorder.
Haniyeh was seen as moderate face of Hamas
Haniyeh's death makes him the latest Hamas official to be killed by Israel since the Hamas-led October 7 attacks.
Mashaal, Hayya, Masri lead race for successor
THE militant Palestinian group Hamas has a history of swift and smooth replacement of fallen leaders killed in Israeli airstrikes.
