Banks in India have sought the Reserve Bank's approval for integration with its Centralised Information Management System (CIMS) to enable real-time tracking of limit utilisation under the Liberal Remittance Scheme (LRS). This integration aims to expedite the inclusion of international credit card spending under LRS regulations and ensure seamless tax remittance.
from Banking/Finance-Industry-Economic Times https://ift.tt/xFTYhO9
via IFTTT
No comments:
Post a Comment