LRS limit, sending money to NRI daughter

  1. How much total money (limit in one F.Y.) can be gifted to NRI daughter working in Dubai by RI parents in a year?

  2. For money transfer from NRO (India) to NRE (Dubai) account, Dubai branch requires 15CA (CA certified) certificate, is there any limit to that as well?

Regards

  1. Gifting Limit (LRS): Up to USD 250,000 per parent per financial year; gifts to a daughter are tax-exempt, though TCS applies above ₹7 lakh.
  2. NRO to NRE Remittance: Allowed up to USD 1,000,000 per financial year. Form 15CA/15CB certified by a CA is required to confirm that all applicable taxes on NRO funds have been paid before transfer.