Question

As per the IFSCA Circular on Remittances to IFSCs under the Liberalised Remittance Scheme (LR

  • S (July 2024), which of the following is a permissible purpose for remittances under LRS to IFSCs?
A Investments in foreign securities
B Payment of education fees to Indian universities
C Availing financial services within IFSCs
D Purchase of real estate in India
E Acquisition of physical gold from international bullion markets
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