How much foreign exchange can a resident individual send as gifit / donation to a person resident outside India?

A.18. Limit of USD 200,000 per financial year under the Liberalised Remittance Scheme would also include remittances towards gifit and donation by a resident individual. Accordingly, under the Scheme, any resident individual, if he so desires, may remit the entire limit of USD 200,000 in one financial year as gifit to a person residing outside India or as donation to a charitable/ educational/ religious/cultural organization outside India.

Remittances exceeding the limit will require prior permission from the Reserve Bank. More.

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