Liberalised Remittance Scheme (LRS) for Resident Individuals- Reporting of monthly return and daily transactions

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..... Attention of all Authorised Dealer Category-I (AD Category- I) banks is invited to A.P. (DIR Series) Circular No. 07 dated June 17, 2021, in terms of which, AD Category-I banks were required to upload data in respect of number of applications received and the total amount remitted under Liberalised Remittance Scheme (LRS) on a monthly basis on XBRL site and A.P. (DIR Series) Circular No. 23 dated .....

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..... mencing from the reporting month of December 2023, and LRS daily return from December 26, 2023 onwards on the next working day on CIMS portal (URL: https://sankalan.rbi.org.in). In case no data is to be furnished, AD Category-I banks shall upload a NIL report. 4. AD Category-I banks may bring the contents of this circular to the notice of their constituents. 5. The directions contained in this cir .....

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