Core Inflation In India : Declining S&P Global Ratings recently said core inflation in India has been declining sequentially, and an elevated 6.25 percent policy rate limits the need for further rate hikes. Core inflation is the change in the costs of goods and services but does not include those from the food and energy […]
Day: February 9, 2023
Liberalised Remittance Scheme : Union Budget 2023
Liberalised Remittance Scheme: Union Budget 2023 The Union Budget 2023 proposes a Tax Collection at Source (TCS) for foreign outward remittance under LRS (other than for Education and medical purpose) of 20% on the entire value. Liberalised Remittance Scheme (LRS) allows Indian residents to freely remit up to USD $250,000 per financial year for current […]
