If some one want to give gift in money form to a person leaving in other country . (a relative or else no relation friend ) how can one give it? restrictions of RBI etc.
just want to give gift to a student who stood first in maths at country level . I want him to help by giving gift award which i want to give in that countries currency . which can be helpful to him for higher education. ?
is it possible ? how it is done ? Limit to transfer ? Ristrictions of RBI etc.
I am eager to know .Please help me out.