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.
Diese Geschichte stammt aus der July 11, 2024-Ausgabe von The New Indian Express.
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Diese Geschichte stammt aus der July 11, 2024-Ausgabe von The New Indian Express.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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GETTING READY FOR BIG STAGE
Working on team spirit, zoom calls and a WhatsApp group: India captain Srinath Narayanan talks to Swaroop Swaminathan about how India are approaching the Olympiad that begins Tuesday.
Indian paralympians return with record medal haul & promise of more
THE image of Sheetal Devi drawing the bow string with the aid of a strap around her upper body, taking aim and shooting and the arrow piercing the bulls eye moments later... it will forever remain etched in the memories. The 17-year-old archer without arms drew praise from celebrities and sports enthusiasts across the globe.
Randhir 1st Indian to be OCA prez
VETERAN sports administrator Randhir Singh on Sunday became the first Indian to be elected as the president of the Olympic Council of Asia (OCA) during the 44th General Assembly of the continental body here.
Squash: TN's Velavan clinches ninth title
TOP-SEED Velavan Senthilkumar claimed his 9th PSA title with a dominant 3-0 win over Pakistan's Noor Zaman in the final of the $12,000 Men's ACE Challenger 2024, held at the National Sports Complex, Kuala Lumpur, Malaysia.
'Super proud' Sabalenka stands tall in New York
ARYNA Sabalenka left the U.S. Open in tears 12 months ago as the runner-up. She exited in the semifinals each of the two years before that, other losses that were difficult to digest.
Jio Fin Services enters investment advisory biz; forms JV with BlackRock
DEEPENING its ties with BlackRock Inc, Jio Financial Services Ltd, a Reliance Industry group company, has entered into a joint venture with BlackRock Advisors Singapore Pte.
FRUGALITY AND EARLY RETIREMENT
EVEN the Ultra-Rich compare themselves to others in their league and feel bad about not having 'enough'.
Your debit and credit cards also come with insurance coverage
MANY of us always carry debit and credit cards but are we aware that these cards also come with a complimentary personal accident insurance cover? Yes, you can claim your insurance through these cards.
Council to discuss GST on RWA maintenance charges
IN a significant development for residents and Resident Welfare Associations (RWAs) across the country, the GST Council in its 54th meeting on September 9, is expected to deliberate on increasing the threshold limit for the Goods and Services Tax (GST) applicable on maintenance charges.
Gunman kills 3 Israelis at West Bank
A truck driver shot dead three Israeli guards at a border crossing between the occupied West Bank and Jordan on Sunday before being \"eliminated\", Israel's military said, as it pounded Gaza with new strikes.
