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Inward remittances play a crucial role in India's economy, enabling seamless transfer of funds from foreign sources to Indian accounts. This guide will guide you through the basics of remittances inward, its processes, regulations, as well as crucial considerations to keep in your mind. What is Inward Remittance? Inward remittance is a process through which funds are sent to a bank account in India from an international source. These transactions are usually initiated by Indian expatriates or international businesses or