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What is the Basic Travel Quota allowed?
What is the cost of Basic Travel Quota?
What is the means of Basic Travel Quota?

Jun 17th, 2009 23:06
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Resident Indian citizens are eligible under the scheme of Basic Travel
Quota to avail of foreign exchange up to US Dollars 5,000 or the
equivalent for undertaking one or more private visits to any country
abroad (except Nepal and Bhutan) in any calendar year. Foreign nationals
permanently resident in India are also eligible for Basic Travel Quota. 
(For details refer the Exchange Control Manual of the Reserve Bank of
India.) 
Quantum of exchange
Under BTQ, foreign exchange up to US$ 500 is released in the form of
foreign currency notes /coins and the balance is released in the form of
Travelerís Cheques. However if one is proceeding to Islamic Republic of
Iran,Russian Federation and other Republics of Commonwealth of
Independent States, such foreign exchange can be released in the form of
foreign currency notes and coins up to their full extent if the traveler
so desires.
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