Indians who want to send money abroad have only a few days left in this financial year.
Under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), you can transfer money overseas for investments, education, or other needs.
But to fully use this year’s limit, you must act before March 31, 2026.
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How Much Money Can You Send Abroad?
Under LRS, every Indian resident can send up to $2,50,000 (USD) per financial year.
This rule applies to everyone, including minors (with a guardian’s approval).
Here’s an important tip:
If you send $2.5 lakh before March 31 and repeat the same after April 1, you can transfer up to $5 lakh within a few days across two financial years.
Rupee Fall Means You Can Send More Money
The weakening of the Indian rupee has increased the amount you can remit in rupee terms.
In March 2025: ₹86 per dollar → about ₹2.15 crore
Now: ₹94 per dollar → about ₹2.35 crore
This means you can send around ₹20 lakh more for the same dollar limit compared to last year.
Where Can You Use This Money?
Money sent under LRS can be used for:
Investing in international stocks
Buying property abroad
Paying for foreign education
Spending during travel
A large portion of Indians are now using this route to invest in global financial assets.
How to Invest in US Stocks from India
Investing abroad is easier than before
Here’s how it works:
Open an international trading account
Complete KYC and LRS formalities
Transfer money from your Indian bank
Start investing in global companies
Brokerage platforms usually help you with the entire process, making it smooth and hassle-free.
New Rule You Should Not Ignore
There’s an important update you must know.
If you send money abroad but do not use it, you cannot keep it there forever.
As per the new rule:
Unused foreign exchange must be brought back to India
It must be returned within 180 days
If you fail to do this, you may face compliance issues.
What You Should Do Now
If you are planning to invest or send money abroad, this is the right time to act.
Using your LRS limit before March 31 can help you maximize your remittance and even take advantage of the next financial year’s limit immediately after.
But make sure you follow all rules carefully, especially the new 180-day requirement.