https://www.cnbctv18.com/finance/international-credit-card-transactions-to-count-under-rbis-250000-pa-foreign-remittance-limit-from-july-1-16691791.htm
Govt, RBI amend Liberalised Remmittance Scheme rules making prior RBI nod mandatory for foreign spending over $250,000 a year; tax collected at source provisions to apply to all LRS remittances & foreign credit card transactions barring money sent overseas fo…
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