Can I remit more than $250,000 abroad?

Under LRS, a resident individual is allowed to remit up to $250,000 per financial year for any permitted current or capital account transaction or a combination of both.

Can I remit more than $250,000 abroad?
Under LRS, a resident individual is allowed to remit up to $250,000 per financial year for any permitted current or capital account transaction or a combination of both.