Zero-Retention Diagnostic Sandbox • LRS $250k / Section 206C(1G) TCS / 2022 OI Rules • DPDP Act 2023 Compliant

HNI Outbound Remittance & LRS / ODI Compliance Evaluator

An interactive wealth diagnostic tool for Indian promoters, family offices, and affluent individuals: compute your family LRS quota headroom ($250,000/PAN), model Section 206C(1G) 20% TCS cashflow locks, classify investments into ODI vs OPI under the 2022 Overseas Investment Rules, and compare GIFT City FIF tax arbitrage.

100% Client-Side Computation: Zero remittance figures, bank details, or family identifiers are transmitted to our servers. Computation executes entirely in your browser in compliance with the Digital Personal Data Protection (DPDP) Act, 2023.

Outbound Investment Parameters & Family Structure

Each resident individual (including minors) enjoys an independent $250,000 annual LRS limit per financial year.

~₹3.44 Crore (at ₹86/$)
$50,000 $400,000 $1,500,000
Family LRS Quota Status
Within LRS Limits

Planned remittance of $400,000 is fully covered by your 2-member family pool of $500,000.

Total Family LRS Cap
$500,000 / FY
Est. 20% TCS Cash Drag
₹66.00 Lakh

Statutory Regulatory Checkpoints

Section 206C(1G) TCS Management

20% TCS applies on remittances exceeding ₹7 Lakh per PAN. Can be fully adjusted against quarterly Advance Tax liabilities to mitigate capital drag.

FEMA Classification: OPI vs ODI

Classified as Overseas Portfolio Investment (OPI). Handled seamlessly via authorized AD Bank Form A2 without requiring Form FC or APR filings.

Round-Tripping: Rule 19(3) Compliant

Capital is deployed entirely offshore. Zero round-tripping exposure under the Foreign Exchange Management (Overseas Investment) Rules, 2022.

Mandatory ITR Schedule FA Audit

All foreign shares, bank balances, or properties acquired must be forensically reported in ITR Schedule FA to prevent flat ₹10 Lakh statutory penalties under Section 43 of the Black Money Act, 2015.

Read HNI Outbound Wealth Guide Audit Schedule FA Risk
ICAI Code of Ethics Pull-Model Statutory Notice This interactive diagnostic tool provides general orientation regarding the Liberalised Remittance Scheme (LRS), Foreign Exchange Management (Overseas Investment) Rules 2022, and Section 206C(1G) of the Income Tax Act 1961. It is provided strictly on a pull-model basis and does not constitute formal tax or investment advice.