
How to use your tax-free foreign remittance limit of Rs 10 lakh wisely in FY26?
In the February 2025 budget, Finance Minister Nirmala Sitharaman increased the TCS-free limit under the Liberalised Remittance Scheme (LRS) from Rs 7 lakh to Rs 10 lakh. This means that you can now send up to Rs 10 lakh abroad without any additional tax. …