If you’re an Indian resident who owns foreign bank accounts, property, stocks, or business interests, you are required to disclose these foreign assets in your income..
Tag: Foreign Asset Disclosure
FEMA LRS Changes 2025: Resident Founders Funding US Subsidiaries
Indian founders setting up US entities or expanding globally must comply with the Liberalised Remittance Scheme (LRS) under FEMA rules when transferring personal funds abroad. In 2025,..