Some relief for online merchants in India dependent on Paypal for their online payments from abroad. With RBI?s nod Paypal has increased the limit from USD 500 to USD 3000. However the other restrictions such as remitting the money within a week etc. remains in place.
For the official Paypal take on it.
https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/
Cheers,
Ron
