Limit prescribed by no approval

Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.

The Scheme is available to all resident individuals including minors.

The Scheme is not available to corporates, partnership firms, HUF, Trusts, etc

I am linking the rbi page direction for you to read for further details:-
https://www.rbi.org.in/scriptts/BS_ViewMasterDirections.aspx?id=10192