RBI/FEMA:
Remittances to IFSCs under Liberalized Remittance Scheme (LRS): Condition of repatriating any funds lying idle in account for a period up to 15 days from the date of its receipt is withdrawn with immediate effect, which shall now be governed by the provisions of the scheme as contained in the aforesaid Master Direction on LRS. [RBI/2023-24/21 A.P. (DIR Series) Circular No.03 dated 26th Apr 2023]
