http://103.153.58.85/ind/index.php?action=history&feed=atom&title=Remittances%2C_outbound%3A_India Remittances, outbound: India - Revision history 2026-04-16T12:28:56Z Revision history for this page on the wiki MediaWiki 1.19.2 http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=137556&oldid=prev Jyoti: /* 2014- 2024 */ 2025-08-21T18:00:32Z <p>‎<span dir="auto"><span class="autocomment">2014- 2024</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 18:00, 21 August 2025</td> </tr><tr><td colspan="2" class="diff-lineno">Line 186:</td> <td colspan="2" class="diff-lineno">Line 186:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Travel and remittances, 2014-24 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Travel and remittances, 2014-24 ''</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">==2009-24==</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[File: Outward remittances from India, 2009- 2024.jpg|Outward remittances from India, 2009- 2024 &lt;br/&gt; From: [https://epaper.indiatimes.com/article-share?article=07_08_2025_030_002_cap_TOI&#160; August 7, 2025: ''The Times of India'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'''See graphic''':</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'' Outward remittances from India, 2009- 2024 ''</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=132625&oldid=prev Jyoti: /* 2019-23 */ 2024-08-02T16:49:21Z <p>‎<span dir="auto"><span class="autocomment">2019-23</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 16:49, 2 August 2024</td> </tr><tr><td colspan="2" class="diff-lineno">Line 158:</td> <td colspan="2" class="diff-lineno">Line 158:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Outward remittances from India in August and September 2023 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Outward remittances from India in August and September 2023 ''</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">==2020- 2024==</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[https://epaper.indiatimes.com/article-share?article=22_05_2024_021_010_cap_TOI&#160; Mayur Shetty, May 22, 2024: ''The Times of India'']</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[File: Outward remittances from India, 2020- 2024.jpg|Outward remittances from India, 2020- 2024 &lt;br/&gt; From: [https://epaper.indiatimes.com/article-share?article=22_05_2024_021_010_cap_TOI&#160; Mayur Shetty, May 22, 2024: ''The Times of India'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">Mumbai : Indians spent a record $31.7 billion overseas under the liberalised remittance scheme in FY24, an increase of nearly 17% over the $27.1 billion recorded in FY23. The rise has been despite the imposition of tax collection at source. However, data analysis shows that the monthly average spending fell after the imposition of TCS in Oct 2023.</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">
The annual data for remittances shows that Indians have taken to overseas travel with a vengeance, spending $17 billion on it in FY24 — an increase of more than 24.5% over the $13.6 billion in the previous year. The share of international travel in spending under the LRS has risen to 53.6% in FY24 from 37% in FY20 before the onset of the pandemic. In FY21, international travel spending had dipped to $3.2 billion due to restrictions on mobility.</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">
On the other hand, the share of remittance going towards education abroad has steadily declined. In FY21, remittance for education was 30% largely because travel was subdued during the pandemic. The share fell to 26% after travel restrictions were lifted in FY22. Spending on education dipped in FY23 in absolute terms to $3.4 billion from $5.2 billion in the year before, resulting in the share of overall spend falling to 12%. In FY24, spending on studies abroad was flat at nearly $3.5 billion even as travel spending soared.
As a result of lesser spending on fees, studies abroad is no longer the second-biggest category in forex spends. Indians have spent more on maintaining relatives abroad ($4.6 billion) than on fees.</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Economy-Industry-Resources|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:India|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Pages with broken file links|REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2014- 2024==</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2014- 2024==</div></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=132051&oldid=prev Jyoti: /* 2019-23 */ 2024-07-12T18:11:15Z <p>‎<span dir="auto"><span class="autocomment">2019-23</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 18:11, 12 July 2024</td> </tr><tr><td colspan="2" class="diff-lineno">Line 158:</td> <td colspan="2" class="diff-lineno">Line 158:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Outward remittances from India in August and September 2023 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' Outward remittances from India in August and September 2023 ''</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">==2014- 2024==</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[File: Travel and remittances, 2014-24.jpg|Travel and remittances, 2014-24 &lt;br/&gt; From: [https://indianexpress.com/article/business/indians-spend-3-5-times-more-on-foreign-travel-than-they-did-5-yrs-ago-9425064/&#160; George Mathew, July 1, 2024: ''The Indian Express'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'''See graphic''':</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'' Travel and remittances, 2014-24 ''</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=129276&oldid=prev Jyoti: /* 2018, May> 2019, May */ 2023-12-08T00:19:47Z <p>‎<span dir="auto"><span class="autocomment">2018, May&gt; 2019, May</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 00:19, 8 December 2023</td> </tr><tr><td colspan="2" class="diff-lineno">Line 152:</td> <td colspan="2" class="diff-lineno">Line 152:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>See graphic, ‘ Outbound remittances from India: 2018, May&gt; 2019, May ’</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>See graphic, ‘ Outbound remittances from India: 2018, May&gt; 2019, May ’</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Crime|R &#160;</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">==2019-23==</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">[[File: Outward remittances from India in August and September 2023.jpg| Outward remittances from India in August and September 2023 &lt;br/&gt; From: [https://epaper.indiatimes.com/article-share?article=20_11_2023_013_002_cap_TOI&#160; Nov 20, 2023: ''The Times of India'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>&#160;</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">'''See graphic''':</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>&#160;</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">'' Outward remittances from India in August and September 2023 ''</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>&#160;</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Crime|R <ins class="diffchange diffchange-inline">REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R &#160;</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R <ins class="diffchange diffchange-inline">REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; 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color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Forex fees =</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Forex fees =</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>== 2020-21</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>== 2020-21<ins class="diffchange diffchange-inline">==</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[https://timesofindia.indiatimes.com/business/india-business/indians-paid-rs-9700-crore-in-hidden-forex-fees/articleshow/87324069.cms&#160; Oct 28, 2021: ''The Times of India'']</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; 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color:black; font-size: smaller;"><div>=Liberalised Remittance Scheme (LRS)=</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Liberalised Remittance Scheme (LRS)=</div></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=116092&oldid=prev Jyoti: /* Liberalised Remittance Scheme (LRS) */ 2021-11-09T21:04:34Z <p>‎<span dir="auto"><span class="autocomment">Liberalised Remittance Scheme (LRS)</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 21:04, 9 November 2021</td> </tr><tr><td colspan="2" class="diff-lineno">Line 9:</td> <td colspan="2" class="diff-lineno">Line 9:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources |R ]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources |R ]]</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime |R ]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>[[Category:Crime |R ]]</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">=Forex fees =</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">== 2020-21</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[https://timesofindia.indiatimes.com/business/india-business/indians-paid-rs-9700-crore-in-hidden-forex-fees/articleshow/87324069.cms&#160; Oct 28, 2021: ''The Times of India'']</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[File: Top outward remittance categories in FY21.jpg|Top outward remittance categories in FY21 &lt;br/&gt; From: [https://timesofindia.indiatimes.com/business/india-business/indians-paid-rs-9700-crore-in-hidden-forex-fees/articleshow/87324069.cms&#160; Oct 28, 2021: ''The Times of India'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">MUMBAI: Indians paid nearly Rs 9,700 crore in the form of fees hidden in inflated exchange rates while making remittances in 2020. This is more than a third (36%) of the total fees of Rs 26,300 crore that Indians paid for sending money across their country’s borders. </ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">The fees reflect a lack of transparency and high charges applied by banks on remittances. Banks have been reducing the fees on foreign remittances and their income under this head fell from Rs 15,017 crore in 2016 to Rs 12,142 crore in 2019. However, they have protected themselves by recovering Rs 4,422 crore through exchange mark-up in 2020, which was up from Rs 2,505 crore in 2016. </ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">These figures were from independent research carried out by Capital Economics in August 2021, which aimed to estimate the scale of foreign exchange transaction fees in India. The study was released by Wise, the technology company that was founded with the objective of reducing cross-border remittance costs. </ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">Overseas workers sending money into India are also losing money. Over the past five years, money lost to exchange rate margins on inward remittances has grown from Rs 4,200 crore to Rs 7,900 crore. Meanwhile, fees paid to transaction costs have grown from Rs 10,200 crore in 2016 to Rs 14,000 crore in 2020. </ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">“A significant portion of these fees paid on remittances to India come from people in Gulf countries where most are employed in blue-collared jobs to support their families back home in India,” a statement issued by Wise said. Of the share of total fees paid on inward remittances to India in 2020, Saudi Arabia ranked first at 24%, followed by the US (18%), the UK (15%), Qatar (8%), Canada (6%), Oman (5%), UAE (5%), Kuwait (5%), and Australia (4%). </ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">“While technology and internet have eased some of the issues related to the convenience and speed of foreign funds transfers, the age-old practice of hiding fees in the exchange rate results in people spending too much on hidden foreign currency fees — money which should rightfully stay in their pockets,” said Wise India country manager Rashmi Satpute. Indian consumers spending abroad paid Rs 1,441 crore as transactions fees, of which Rs 1,303 crore was hidden charges in the form of exchange mark-up.</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Liberalised Remittance Scheme (LRS)=</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Liberalised Remittance Scheme (LRS)=</div></td></tr> <tr><td colspan="2" class="diff-lineno">Line 69:</td> <td colspan="2" class="diff-lineno">Line 88:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; 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color:black; font-size: smaller;"><div>'''See graphic''':</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'''See graphic''':</div></td></tr> <tr><td colspan="2" class="diff-lineno">Line 185:</td> <td colspan="2" class="diff-lineno">Line 185:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:India|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:India|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Pages with broken file links|REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Pages with broken file links|REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=114340&oldid=prev Jyoti: /* 2020, 2021 */ 2021-08-10T18:00:51Z <p>‎<span dir="auto"><span class="autocomment">2020, 2021</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 18:00, 10 August 2021</td> </tr><tr><td colspan="2" class="diff-lineno">Line 179:</td> <td colspan="2" class="diff-lineno">Line 179:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Where the remittances go…=</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Where the remittances go…=</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2020, 2021==</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2020, 2021==</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[File: The reasons why Indians remitted.jpg| The reasons why Indians remitted/ sent money abroad in 2020, 2021 &lt;br/&gt; From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/02&amp;entity=Ar01503&amp;sk=73E1A02A&amp;mode=image&#160; August 2, 2021: ''The Times of India'']|frame|500px]]</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[File: The reasons why Indians remitted<ins class="diffchange diffchange-inline">- sent money abroad in 2020, 2021</ins>.jpg| The reasons why Indians remitted/ sent money abroad in 2020, 2021 &lt;br/&gt; From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/02&amp;entity=Ar01503&amp;sk=73E1A02A&amp;mode=image&#160; August 2, 2021: ''The Times of India'']|frame|500px]]</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'''See graphic''':</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'''See graphic''':</div></td></tr> <tr><td colspan="2" class="diff-lineno">Line 185:</td> <td colspan="2" class="diff-lineno">Line 185:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:India|R REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:India|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Pages with broken file links|REMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Pages with broken file links|REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=114338&oldid=prev Jyoti: /* 2020, 2021 */ 2021-08-10T17:59:54Z <p>‎<span dir="auto"><span class="autocomment">2020, 2021</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 17:59, 10 August 2021</td> </tr><tr><td colspan="2" class="diff-lineno">Line 179:</td> <td colspan="2" class="diff-lineno">Line 179:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Where the remittances go…=</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=Where the remittances go…=</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2020, 2021==</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>==2020, 2021==</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[File: The reasons why Indians remitted<del class="diffchange diffchange-inline">/ sent money abroad in 2020, 2021</del>.jpg| The reasons why Indians remitted/ sent money abroad in 2020, 2021 &lt;br/&gt; From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/02&amp;entity=Ar01503&amp;sk=73E1A02A&amp;mode=image&#160; August 2, 2021: ''The Times of India'']|frame|500px]]</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[File: The reasons why Indians remitted.jpg| The reasons why Indians remitted/ sent money abroad in 2020, 2021 &lt;br/&gt; From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/02&amp;entity=Ar01503&amp;sk=73E1A02A&amp;mode=image&#160; August 2, 2021: ''The Times of India'']|frame|500px]]</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'''See graphic''':</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'''See graphic''':</div></td></tr> <tr><td colspan="2" class="diff-lineno">Line 185:</td> <td colspan="2" class="diff-lineno">Line 185:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Crime|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:Economy-Industry-Resources|R REMITTANCES<ins class="diffchange diffchange-inline">, OUTBOUND: INDIAREMITTANCES</ins>, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>[[Category:India|R REMITTANCES, OUTBOUND: INDIA</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>[[Category:India|R <ins class="diffchange diffchange-inline">REMITTANCES, OUTBOUND: INDIAREMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins class="diffchange diffchange-inline">[[Category:Pages with broken file links|</ins>REMITTANCES, OUTBOUND: INDIA</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>REMITTANCES, OUTBOUND: INDIA]]</div></td></tr> <tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div><del style="color: red; font-weight: bold; text-decoration: none;">[[Category:Pages with broken file links|REMITTANCES, OUTBOUND: INDIA]]</del></div></td><td colspan="2">&#160;</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=See also= &#160;</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=See also= &#160;</div></td></tr> </table> Jyoti http://103.153.58.85/ind/index.php?title=Remittances,_outbound:_India&diff=114336&oldid=prev Jyoti: /* Outward remittance norms */ 2021-08-10T17:58:46Z <p>‎<span dir="auto"><span class="autocomment">Outward remittance norms</span></span></p> <table class='diff diff-contentalign-left'> <col class='diff-marker' /> <col class='diff-content' /> <col class='diff-marker' /> <col class='diff-content' /> <tr valign='top'> <td colspan='2' style="background-color: white; color:black;">← Older revision</td> <td colspan='2' style="background-color: white; color:black;">Revision as of 17:58, 10 August 2021</td> </tr><tr><td colspan="2" class="diff-lineno">Line 176:</td> <td colspan="2" class="diff-lineno">Line 176:</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>“With the RBI now doubling the remittance figure, and overseas property proving to be attractive, investors are hoping for a tax break. The forthcoming Budget should consider this issue and re-introduce tax breaks on reinvestment in a house property overseas,“ says Naushad Panjwani, senior executive director, Knight Frank India.</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>“With the RBI now doubling the remittance figure, and overseas property proving to be attractive, investors are hoping for a tax break. The forthcoming Budget should consider this issue and re-introduce tax breaks on reinvestment in a house property overseas,“ says Naushad Panjwani, senior executive director, Knight Frank India.</div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">=Where the remittances go…=</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">==2020, 2021==</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[File: The reasons why Indians remitted/ sent money abroad in 2020, 2021.jpg| The reasons why Indians remitted/ sent money abroad in 2020, 2021 &lt;br/&gt; From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/02&amp;entity=Ar01503&amp;sk=73E1A02A&amp;mode=image&#160; August 2, 2021: ''The Times of India'']|frame|500px]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'''See graphic''':</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">'' The reasons why Indians remitted/ sent money abroad in 2020, 2021 ''</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Crime|R REMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Economy-Industry-Resources|R REMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:India|R REMITTANCES, OUTBOUND: INDIA</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td colspan="2">&#160;</td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[[Category:Pages with broken file links|REMITTANCES, OUTBOUND: INDIA]]</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=See also= &#160;</div></td><td class='diff-marker'>&#160;</td><td style="background: #eee; color:black; font-size: smaller;"><div>=See also= &#160;</div></td></tr> </table> Jyoti