Indian outward remittances under the Liberalised Remittance Scheme saw a significant drop in November 2025, reaching a ...

Outward remittances under RBI's LRS fell to the lowest level of FY26 in November, as overseas travel and education spending ...

In August 2025, Indians sent $319.17 million abroad for ‘studies abroad’, compared to $416.39 million sent in August 2024, an annual fall of 23.3%.

Outward remittances by resident Indians under the Liberalised Remittance Scheme saw a significant drop in November 2025, reaching a two-year low. This decline was attributed to a decrease in education ...

India must reform higher education and promote international student programmes to curb brain drain and boost its global ...

Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, ...

Indian spending abroad hits a two-year low at $1.94 billion, driven by declines in foreign education and travel expenditures.

The country’s rising inward remittance flows are facing a quiet counterweight - a steady climb in outward remittances, driven largely by payments for imported services, overseas education, and wages ...

A surge in Section 143(2) notices was triggered by the June 2025 limitation deadline. This explains why cases were picked and how to respond ...

The Trump administration is planning to impose a 5 percent tax on outward remittances. In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance ...