More capital controls in India to increase demand for offshore accounts from Indians?

[gengiskhan]

India introducing more capital controls. Should see increased demand for offshore bank accounts and second residencies from Indians.

https://economictimes.indiatimes.co...n-education-expenses/articleshow/98510281.cms
https://m.economictimes.com/nri/inv...-compliance-with-tcs/articleshow/98966032.cms