18th October 2016
How much Indian currency can one carry out of India?
The Reserve Bank of India, on June 19, 2014, declared that residents and non-residents, except individuals from Pakistan and Bangladesh, would be allowed to carry up to Rs 25,000 when exiting the country. This was a major shift from the earlier limit of Rs 10,000 that was allowed only to residents of India. In 2013, the RBI had issued a directive that prohibited non-resident Indians (NRIs) and foreign nationals from carrying any amount of Indian currency out of the country.
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