Understanding Tax Implications of Overseas Investments Under LRS

An advanced, India-specific course for HNIs, business owners and family offices who invest abroad under the Liberalised Remittance Scheme and need to get every rupee of tax and every disclosure right. Start with how LRS works, the USD 250,000 annual limit, what the Overseas Investment Rules 2022 permit and how the OPI vs ODI distinction shapes your tax position. Understand TCS on outward remittances, why it is a prepaid tax and not a cost, and how to plan remittances across family members and financial years. Work through the taxation of foreign shares, international funds and ETFs, dividends, interest, RSUs, ESPPs and overseas property, including currency conversion rules. Claim foreign tax credit correctly through DTAAs and Form 67, and avoid withholding and US estate tax traps. Master Schedule FA, FSI, TR and AL, understand Black Money Act exposure and handle residential status changes. Finish with holding structures, succession planning for foreign assets and a full case study of one family's global portfolio from remittance to ITR.