LIBERALISED REMITTANCE SCHEEM- INTERNATIONAL CREDIT CARD Flashcards

1
Q

SPENDING ON INTERNATION ACARD WILL REQIRE…..TAX

A

20 %

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

AN INNDIVIDUAL CAN BE REMIT UNDER

A

$ 250 000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

ANNOUNCED IN BUDGET

A

2023 - 24

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

NOT APPLIED TO

A

PURHASE FOREIGN GOODS - SERVICES

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

LUBERALISED REMMITTANCE SCHEEM LAUANCHED

A

2004
BY RBI

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

PAN FULL FORM

A

PAYMENT ACCOUNT NO.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

FEMA CAME INTO EFFECT - FOREIGH EXCHANGE MANAGEMENT

A

2000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

TRASACTION BY …………..LRS

A

CAPITAL ACCOUNT

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

TRASACTION BY …………..LRS

A

CAPITAL ACCOUNT

How well did you know this?
1
Not at all
2
3
4
5
Perfectly