Effective October 13, 2011, the RBI has raised the limit on international payments to be received in India to $3000 from the meager $500. Though a lot of industries (including gem & jewelry industry, fine handicrafts, painters, artists etc.) are still not so happy. But Neils Armstrong said, "It is a big step for e-commerce in India".
GO India!
Reference : https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/
GO India!
Reference : https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/
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