How the LRS works.
Under the LRS, every resident individual, including minors through their guardians, can send up to USD 250,000 each financial year abroad for permitted current and capital account purposes, through an authorised dealer bank, with their PAN.
- EducationUniversity fees and living costs abroad.
- Medical treatmentTreatment and related travel abroad.
- Gifts and maintenanceTo relatives living abroad, such as children in the UK.
- TravelPrivate and business travel.
- InvestmentShares, funds and property abroad, within the rules.
- Not allowedMargin trading, lotteries and some other purposes.
Tax collected at source from April 2026.
| Purpose | TCS |
|---|---|
| Education funded by a qualifying education loan | Nil |
| Education or medical treatment, self-funded | 2% above ₹10 lakh a year |
| Overseas tour packages | 2% from the first rupee |
| Gifts, investment and other purposes | 20% above ₹10 lakh a year |
TCS is not an extra tax. It is credited to the sender's PAN and set off or refunded in their Indian return. The TCS certificate is now Form 133.
Common uses for UK families.
Parents paying UK fees and living costs, often with 2% TCS above ₹10 lakh, or nil with an education loan.
Gifts towards a UK deposit; each parent has their own USD 250,000 limit.
Gifts to relatives abroad are allowed; tax rules are on our Gifts page.
How we help.
Purpose and amount
Which purpose, which family member, and when.
Reduce the cash cost
Timing and purpose that keep TCS lower, where allowed.
Bank forms
Form A2, declarations and supporting documents.
TCS credit
Set off or refunded in the sender's Indian return.
Why NRIs in the UK choose us for India tax.
We work with the India side of your tax while keeping your UK Self Assessment and treaty position in view.
Every computation is checked by a second Chartered Accountant before anything is filed.
A written scope and fee before work starts, with no surprise charges later.
Encrypted document sharing and e-verification, so nothing needs a trip to India.
Returns, TDS refunds, FEMA questions and property sales handled by the same team.
Clear explanations of what you owe, why, and what to keep for next year.
LRS planning for families with children in the UK.
We help families in India send money to children and relatives across the UK, from university towns to London, within the LRS rules.
London
South East
Midlands
North of England
East and South West
Scotland, Wales, NI
Liberalised Remittance Scheme FAQs.
Sending money to family in the UK?
Tell us the purpose and amount. We will plan the limits, TCS and paperwork.
This page is general guidance based on FEMA, RBI directions and Indian tax law as they stand. It is not legal or financial advice for your situation. Limits and rates can change, so please speak to us before acting on it.