WebClick ‘Send now’ to begin your money transfer to India. View the dollar to rupee exchange rate (USD to INR), then enter the amount you wish to send. Choose how you want to pay … WebOct 28, 2024 · Supporting relatives in other countries ( remittance) Starting on 1 October, 2024, the Reserve Bank of India amended the Liberalized Remittance Scheme (LRS) to add a 5% tax to amounts over ₹7,000,000 sent outside of India. However, if the transfer is for education-related purposes, you’ll only be taxed 0.5% on any amount above that.
Money2India - ICICI Bank
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INR - Indian Rupee rates, news, and tools Xe
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