Invisibles Receipts  by Category of Transactions 

US$ Million

    Items

2023-24

2022-23

Apr-Jun P

Apr-Jun 

1

2

3

 Invisibles Receipts (New Format) ( A+B+C)

116387

108236

   A) Services 

80573

76093

   1) Travel

6412

4705

a) Business

406

179

b) Health

29

27

c) Education

38

31

d) Others 

5938

4469

   2) Transport

7412

9849

  a) Sea Transport 

465

697

 i) Surplus  remitted by Indian companies operating abroad 

125

361

ii) Operating expenses of foreign companies in India

209

202

iii) Charter hire charges

132

134

  b) Air Transport

349

263

 i) Surplus  remitted by Indian companies operating abroad 

299

242

ii) Operating expenses of foreign companies in India

46

21

iii) Charter hire charges

4

1

  c) Freight on exports

3921

4562

  d) Postal & courier services 

17

22

i) Postal & Courier services by Air

12

14

ii) Postal & Courier services by Sea

1

2

iii) Postal & Courier services by others

4

7

e) Others (includes port charges, bunker, stevedoring, demurrage and other port facilities)

2659

4304

   3)  Insurance

761

915

a) Direct Insurance

542

632

b) Reinsurance

197

269

c) Auxilary Insurance

10

7

d) Pension & standardized gurantee service

13

6

i) Standardized guarantee services

8

2

ii) Premium for pension funds

4

4

   4) Government Not Included Elsewhere 

159

170

 a) Maintenance of foreign embassies  and diplomatic missions in India 

98

108

 b) Maintenance of international and  regional institution in India

61

62

  5) Telecommunications, computer and information services

39091

35521

a) Telecommunication services   

831

961

i) Telecommunication services including electronic mail services and voice mail services

817

951

ii) Satellite services including space shuttle and rockets, etc.

14

10

b) Software services  

38172

34476

c) Information Services (News agency)

88

84

i) News agency services

14

16

ii) Other information services- Subscription to newspapers, periodicals, etc.

74

68

6) Construction services 

870

739

   a) Construction abroad

362

361

   b) Construction in the reporting economy

508

378

7) Financial services 

1891

1660

  a) Explicitly charged and other financial services

1746

1552

i) Financial intermediation except investment banking – Bank charges, collection charges, LC charges, etc.

1694

1516

ii) Investment banking – brokerage, under writing commission etc.

52

36

  b) Financial intermediation services indirectly measured

145

108

8) Royalties, copyright and license fees

381

332

  a) Franchises services

26

17

  b) Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks, industrial processes, franchises etc.

354

315

9) Business services 

21831

17751

  a) Research & Development

1804

1732

i) Research & Development services

1514

1444

ii) Market research and public opinion polling service

290

288

 b) Professional and management consulting services

15749

11869

i) Legal services

262

301

ii) Accounting, auditing, book keeping services

769

569

iii) Business and management consultancy and public relations services

10013

7157

iv) Advertising, trade fair service

1451

1366

v) Architectural services

169

132

vi) Engineering Services

2969

2279

vii) Tax consulting services

117

64

 c) Technical, trade-related, and other business services

4278

4150

i) Trade related services – commission on exports / imports

824

956

ii) Operational leasing services (other than financial leasing) without operating crew, including charter hire- Airlines companies

28

27

iii) Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services.

9

4

iv) Inward remittance for maintenance of offices in India 

834

687

v) Environmental Services

27

56

vi) Publishing and printing services

70

53

vii) Mining services like on–site processing services analysis of ores etc.

110

62

viii) Commission agent services

763

607

ix) Wholesale and retailing trade services.

88

90

x) Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping  companies

129

113

xi) Other Technical Services including scientific/space services.

1396

1494

10) Personal, cultural & Recreational services

968

946

    a) Audiovisual and related services

367

385

 i) Audio-visual and related services like Motion picture and video tape production, distribution and projection services

293

238

 ii) Radio and television production, distribution and transmission services

74

147

   b) Other personal, cultural, and recreational services

600

561

i) Entertainment services

42

49

ii) Museums, library and archival services

0

1

iii) Recreation and sporting activity services

15

23

iv) Educational services (e.g. fees received for correspondence courses offered to non-resident by Indian institutions)

298

278

v) Health Service (Receipts on account of services provided by Indian hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or on-site)

147

124

vi) Other  Personal, Cultural & Recreational services

98

86

11) Maintenance and Repair Services

47

48

 a) Receipts on account of maintenance and repair services rendered for     Vessels, Ships, Boats, Warships, etc.

33

33

 b) Receipts of maintenance and repair services rendered for     aircrafts, Space shuttles, Rockets,     military aircrafts, etc.

14

15

12) Manufacturing services on physical inputs owned by others

481

321

13) Other Services not included elsewhere

272

3137

   B) Primary Income Receipts

8698

6495

1) Compensation of Employee

1827

1691

   a) Wages received by Indians working on foreign contracts or the foreigners working in India on foreign contracts

1827

1691

2) Investment Income Receipts (a to g)

5461

3631

  a) Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans) 

292

68

  b) Dividend/Profit received by Indian on Foreign Investment 

882

1150

Of which: Dividend

634

645

                         Profits

247

505

 c) Reinvested Earnings

1130

1103

 d) Interest Received on debentures, FRNs, CPs Fixed deposits and funds held abroad by ADs out of foreign currency loans/exports proceeds

235

83

i) Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India.

27

21

ii) Inward remittance of interest income on account of Portfolio Investment made abroad by India 

18

10

iii) Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares 

190

51

 e) Interest received on overdraft of Vostro account of foreign correspondents/branches by ADs

225

34

 f) Interest / discount  earnings etc. earnings on RBI investment

2499

1178

 g) Interest / remuneration on SDR holdings

198

15

3) Other Primary Income

1410

1173

  a) Payment of taxes by non-Residents/Refund of taxes by foreign Government to Indians

967

647

  b) Other Income receipts

443

526

   C) Secondary Income Receipts

27116

25648

1) Official Transfer

              19 

                    28 

2) Private Transfers

27097

25620

  a) Inward Remittance from Indian workers abroad for family maintenance etc.

17150

16285

 b) Local withdrawals/redemptions from non-resident deposits

9176

8684

 c) Gold and silver brought through passenger baggage

8

4

 d) Personal gifts/donations to charitable/religious institutions in India

764

647

i) Personal gifts and donations 

123

126

ii) Donations to religious and charitable institutions in India

640

521

P: Preliminary