lrs in A Sentence

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    An individual can send remittances under the Liberalised Remittance Scheme(Lrs) for purchasing immovable property outside India.

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    2

    Lrs implementation for buying foreign stocks in GIFT City/NSE/BSE could be simplified and work as single click functionality.

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    Answer: A resident individual can send remittances under the Liberalised Remittance Scheme(Lrs) for purchasing immovable property outside India.

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    Liberty Reserves(Lrs) were the company's electronic currency, which could be converted back and forth between U.S. dollars or Euros.

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    Chidambaram, Liberalized Remittance Scheme(Lrs) was implemented, under which a person was allowed to send out 2.5 million dollars every year.

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    Under Lrs, individuals can make remittances for overseas education, travel, medical treatment, maintenance to relatives living abroad, gifting and donations.

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    Earlier, a system for daily reporting of individual transactions under the Lrs by banks was been put in place.

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    Currently, transactions under Liberalised Remittance Scheme(Lrs) are being permitted by Authorised Dealer(AD) banks based on the declaration made by the remitter.

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    During 2015 and 2016, we saw a lot of companies conducting pilot implementations to see if an xAPI/Lrs model would work in real organizations.

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    10

    The agency, it is learnt, has concluded a major part of the investigation and is awaiting replies to Letters Rogatory(Lrs) sent to the US and UAE.

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    11

    However, till now, Authorised Dealers/Banks permitted Lrs transactions solely on the declaration made by the remitter and thus monitoring of adherence to the limit was confined to obtaining such a declaration without independent verification.

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    12

    A broad set of detailed learning and performance data can be collected in a Learning Record Store(Lrs), which can then be easily analyzed to drive a culture of continuous improvement and demonstrate L&D's impact on the organization.

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    13

    In a landmark judgment, in Mohd Laiquiddin v Kamala Devi Misra(deceased) by Lrs,(1) the Supreme Court has ruled that on the death of a partner of a firm comprised of only two partners, the firm is dissolved automatically;

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    14

    Pursuant to the announcement made in the first bi-monthly Monetary Policy Statement 2018-19 on April 5, 2018, a system for daily reporting of individual transactions under the Liberalised Remittance Scheme(Lrs) by Authorised Dealer(AD) banks has been put in place.

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    15

    Amid the government's efforts to attract foreign direct investors as well as foreign portfolio investors(FPIs), the country witnessed its highest ever monthly outflow of $1.69 billion under the liberalised remittance scheme(Lrs) by resident Indians in the month of July.

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    16

    The representative of the Lrs pointed out that the media has highlighted the opposition to only a few clauses and therefore the government is likely to dilute only those clauses but retain all other clauses which will make Maharashtra virtually a‘police state'.

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