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Education

How Students in India Can Send Money Abroad Under LRS

Step-by-step guide for Indian students to remit study funds abroad under the RBI's LRS: eligibility, limits, documents, TCS and best transfer options.

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RBI Guidelines

RBI Updates on LRS: What Indian Residents Must Know Now

Understand the RBI's updated LRS rules: the $250,000 annual limit, new documentation and compliance steps for international remittances.

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Travel Tips

Why Airport Forex Counters Are Costing You Thousands

Airport exchange desks can charge up to 8% above interbank rates — on ₹1 lakh that’s ₹8,000 lost. Learn better, RBI-compliant alternatives before you travel.

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Education

Sending Money for Education Abroad: A Step-by-Step Guide

Practical guide for Indian students sending tuition to UK, USA, Australia or Canada: LRS, required documents, TCS, compliance and tips to get the best exchange rate.

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Forex Rates

Understanding USD to INR Exchange Rate Trends in 2026

A concise guide to factors shaping USD/INR in 2026, expert outlook for upcoming quarters, and how global events affect your forex transactions.

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RBI Guidelines

RBI's Latest LRS Updates: What Indian Residents Must Know

A clear guide to RBI's current LRS rules: the $250,000 annual cap, who qualifies, new documentation and compliance steps for remittances.

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Travel Tips

How to Choose the Best Forex Card for International Travel

Learn how to pick the right forex card: compare currencies, fees, reloads, security and emergency support for stress-free international travel.

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RBI Guidelines

TCS on Forex: What to Know Before Sending Money Abroad

Understand the Budget's 20% TCS on LRS remittances above ₹10 lakh, how it's claimable, student/loan exceptions, and steps to minimise impact.

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Travel Tips

Online Platform vs Offline Location for Forex: Which Is Better?

Compare pros and cons of online forex platforms and offline branches in India to choose the best option for currency exchange, cards and remittances.

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Recent Regulatory News

RBI issues clarification on TCS applicability under LRS for credit card spends abroad
The RBI has clarified that international credit card spends will be included within the LRS limit. TCS at applicable rates will apply on cumulative remittances exceeding ₹10 lakh per financial year.
March 2025
FEMA amendment: Updated documentation requirements for student remittances
New guidelines require submission of university enrolment letter for remittances classified under 'studies abroad'. Purpose code has been updated in the RBI's standardised list.
February 2025
RBI allows AD Banks to extend forex facilities to NRIs for property investments
The Reserve Bank of India has expanded facilities allowing Authorised Dealers to process forex for NRI property purchases under the updated FEMA guidelines.
January 2025

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