The Liberalised Remittance Scheme (LRS) is indeed a scheme introduced by the Reserve Bank of India (RBI) to facilitate Indian residents to remit a certain amount of money abroad for various permissible current or capital account transactions. In fact, The LRS was first introduced in 2004 and allows resident individuals to remit up to USD 2,50,000 per financial year for investment or expenditure purposes, without seeking prior approval from the RBI.
Legal Services for Liberalised Remittance Scheme at Rajendra Law Office
Our Services
- Legal consultation on LRS compliance
- Assistance with preparing and filing LRS applications
- Advising on regulatory requirements for capital and current account transactions
- Representing clients in matters related to LRS and RBI compliance
- Assistance with documentation and due diligence for LRS transactions
Expertise in Liberalised Remittance Scheme
Our team of lawyers indeed has extensive experience in advising clients on Liberalised Remittance Scheme [LRS] compliance and assisting them with navigating the regulatory framework for capital and current account transactions. Of course, We have a thorough understanding of the RBI’s guidelines and regulations related to the LRS, and we stay up-to-date with any changes or updates to the rules.
Client Satisfaction
At Rajendra Law Office, we are committed to providing our clients with exceptional legal services and ensuring their complete satisfaction. As a matter of fact, We work closely with our clients to understand their specific needs and provide tailored solutions to meet their requirements.
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Contact Us
If you have any questions or require legal assistance with the Liberalised Remittance Scheme – LRS, please contact us at Rajendra Law Office. Finally, Our team of experienced lawyers will be happy to assist you.
Address | Contact Details |
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Rajendra Law Office Advocates & Legal Consultants 323/156, #14, 2nd Floor, Andhra Insurance Building, Thambu Chetty Street, Opp to Madras High Court, George Town, Chennai – 600001 | Phone: +91-9994287060 Email: info@lawyerchennai.com |