RBI increases PayPal India receiving limit from $3000 to $10000

Reserve Bank of India has issued notification RBI/2012-13/528, which notifies that receiving limit for export related remittances for PayPal India has been increased from $3000 to $10000, with immediate effect.

This means you can now receive upto $10000 per transaction in your Indian PayPal account.

Link to circular: http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=8030&Mode=0