INSIGHTS

Introduction : Cross-border remittance transfers of funds across national boundaries sit at the operational core of much of the startup economy. An Indian SaaS company invoicing a client abroad, a marketplace paying gig workers overseas, an e-commerce startup collecting export proceeds, or a venture receiving offshore investment are all, in law, participants in cross-border remittance transactions. India has long remained among the largest recipients of inward personal remitt

Introduction Government-imposed restrictions on the purchase and/or sale of currencies are known as exchange controls. By limiting...