Sending Money Abroad? Know the Rules and Limits First!

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Sending Money Abroad? Know the Rules and Limits First!

The Income Tax Department is on a treasure hunt, checking 394 entities and 36 pros for some sneaky overseas cash transfers. They're here to remind everyone that sending money abroad isn't just a walk in the park; there are rules and taxes to follow. If you're a resident Indian wanting to send some cash overseas, know the guidelines under the Liberalised Remittance Scheme before you hit send!