There is no restriction on the number of remittances one can make in a year. However, the total amount of foreign exchange remitted through, all sources in India under LRS during the FY should be within LRS limit of $2,50,000.
The two main streams of income from investments in stocks are dividend and capital gains.Dividend Income As per the India-US Double Taxation Avoidance Agreement (‘DTAA’), flat tax rate of 25% is applicable on dividend income earned, subject to ...
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The authorised dealer is guided by the nature of transaction as declared by the resident remitter in Form A2 and will thereafter certify that the remittance is in conformity with the instructions issued by the RBI in this regard from time to time. ...